Hi community,
Making some research this morning i had to understand that Nigeria is among the top countries that trade Bitcoin most, only behind, India, China and the United States of America, this is a nice one, because even with the current unemployment rate in our country the youths have found a way to make money legally without settling down for crimes and illegal activities, that shows that as a country we take full advantage of technology and make profit out of it, it's a nice one let's continue the good work of making our fatherland proud.
Even when our government wan disgrace us, we still no gree for them.
Most Nigerian youth basically engage in Bitcoin because I could say it legal and they no need to they run from EFCC unlike people wey de into internet fraud. And again the rate of unemployment have made most youth run into the internet “Bitcoin” to be precise and other cryptocurrency. The number will always keep increasing because Nigerian government have done nothing about the rate of unemployment. As people de graduate everyday and de go into labor market dem come find out say job no de, most of them if not all of them go run come internet and most of dem go choose crypto world over yahoo or internet fraud.
Let say maybe if something should change in system about the rate of unemployment, Nigeria numbers in crypto world will always increase and don’t be surprised if we get to in Top 3 in the coming years. Even instance just check within your friends, the number of your friends that are into crypto keeps increasing every year, so na how e be for almost everybody side. So within 2-3 years Nigeria de top 3 because other countries wey de top out front de more infrastructure pass us and their rate of unemployment no recah our own.
Nigeria government have tried to fight cryptocurrency and Bitcoin to be specific but in all their efforts it's seems the growth and the massive use just keeps increasing and even till today that they are restricting people's account their is still active trade going on through the P2P method of trading Bitcoin and this has increased and made millions of youth even successful as some Nigerians youth now make it through being active vendors that trade Bitcoin on big exchanges like binance and the rest and also through investment means people are also benefiting big time from Bitcoin in Nigeria.