Post
Topic
Board Nigeria (Naija)
Re: If we had higher magnitude of Crypto adoptors and Literates in our society.
by
Kliss
on 02/06/2024, 06:11:13 UTC
Bitcoin has really been a conducive source by which we can process our financial transactions via P2P without the exchange to fiats just to process with the local transaction. And boycotting the barriers by which the government stood as blockage against the citizens and the Crypto exchange by ingnoring using the centralized exchange but making our payments directly on the p2p on non custodial network would had been a good alternative for us but the problem lyes on the quantity of citizens being literates with the digital financial system because as much as I know, there are much more number crypto illiterates in the society which would be a majority aspect for us.

I think this is the weak point where the government caught us captive, they understood that there are over emphasized illiterates in our society and the government are been adamant to structure an educative and civilized society atleast that it could impact to enhance human human resources and infrastructures.
This has in time made me felt like the governments are benefiting from the illiterate being of the people knowing that they do not know the DOs and the DON'Ts and how they can be audible to be defendant.
So if major of the masses in our society has adopted bitcoin or even having a reliable knowledge about it, I don't think if the government would had gone so far opposing the peoples wills over cryptocurrencies.

It's definitely uneasy but how can we as citizens educates ourselves virally because while hoping on the government for our wellbeings, things would keep going astray.
Is there a measure to conquer this government with our decisions over cryptocurrencies? Let's share some thoughts though it could be tough or even impossible. But no offence in trial and bringing of ideals.

OP You have highlighted a crucial point about the importance of crypto literacy in our society. having a higher number of crypto (Bitcoin) adopters and literates can significantly impact how we interact with digital financial systems like Bitcoin. By reducing the dependency on centralized exchanges and embracing peer 2 peer transactions we could potentially overcome obstacles imposed by governments. It's true that the lack of crypto literacy among the majority can be a challenge. Education and awareness about cryptocurrency( Bitcoin) are key to empowering individuals to navigate this advance financial landscape more effectively. Governments play a vital role in promoting literacy and creating an environment that fosters understanding and adoption of new technologies.It's frustrating when governments seem to benefit from people's lack of knowledge about cryptocurrency (Bitcoin). Empowering ourselves with viral education on Bitcoin  could be a game changer. By spreading awareness and knowledge within our community we can potentially influence  government decisions  regarding Bitcoin. It might be a tough battle but sharing ideas and coming together to educate each other could make a difference.