Although, there are so many factors facilitating the increase in the rate of crime in our society but if we critically deepdown on the root of incessant increase of crime and other criminal activities in our society today it will be so notable that poverty and unemployment especially among the youth are the major anchor to the increase in crime and criminal activities in the society. I think if there is adequate sentization of Bitcoin in our society it will help in the reduction of crime because many people that are involve in some fraudulent activities today would venture into Bitcoin and be making a reasoning resource from Bitcoin if really inconcated with the actually knowledge and information to be successful in the system.
You are right in my opinion.
Bitcoin has so many advantages. It has helped so many Nigerian youths and taken their minds off any criminal activities since they can rely on Bitcoin as investors or people who work to get paid in Bitcoin. We are privileged to have one in this wonderful forum.
Criminal activities are generated from a lack of work, which is unemployment. We have seen the rate of unemployment increase yearly in our country. As a result of that, the Government doesn't have space for us, which makes us unemployed youths, and we will be looking for ways to survive. That is where some of our youth join criminal activities like theft and internet gambling, which gives them money within a short period of time.
In the area of youths employments yes, bitcoin minimise the rate of youth unemployment and provide them with the necessary financial assistance to pursuit every of they positive goal's, bitcoin to Nigeria has eradicated crime most significantly because a high percentage of Nigeria youths now depends on bitcoin and it activities to keep up with the past and speed of the current age, with loads of activities related to bitcoin, such as bitcoin trading and Gambling, this have helped to take many youths off the street and help them to be gainfully employed into something profitable for them, so for me, bitcoin have done alot of good for the African continent as regards to the high rate of of unemployment that have lead to crimes and criminalities in the past.
Bitcoin help inany ways and for a country like Nigeria where the government have failed it citizens and there is high rate of corruption in the system, bitcoin becomes the safe heaven for many of us and for sure when we see such opportunities, we grab it with full chest so as not touss out, that is why you are seeing the high rate of bitcoin trading volume coming from Nigerians, I am sure that the same thing goes with other countries around the world also.
Yes, Nigerian youths are outstanding, some of them are making it through cryptocurrency trading, and some of them are making it through social media marketing and freelancing which are all related to technical ways of earning money that can all be categorized under Bitcoin and cryptocurrency.
Aside from the help Bitcoin has given to Nigerian youths, it has given us freedom and a means of investment where our assets will not lose value over time, and we can even benefit from investing in Bitcoin. You can now earn money without depending on the Government through Bitcoin.