Post
Topic
Board Nigeria (Naija)
Re: what is the future of bitcoin in Nigeria?
by
Bitco55
on 08/11/2024, 06:46:37 UTC
In as much as Bitcoin is decentralized and may not directly affect our economy, it'll still help us in many ways, such as; impact on our mentality. Excuse me but, if we had the right monetary/ economic mentality in this country, then I doubt we'll be in such a downturn. Even though it's a mentality for our personal finance, if at least 45% had the right knowledge about finance, it'll help our country in diverse ways. A shift in mentality is probably the most important thing we need now in the country, and Bitcoin is helping in that area. People who don't believe in savings and investment, now invest in Bitcoin and hodl it.

From the shift in mentality and acquisition of valuable knowledge, we can have other effects like, more people who want to be in the manufacturing sector of the country, more people who want to go into politics, more people who want to help the agricultural sector of the country. Then comes industrialization, and other nice things which we hope for. So Bitcoin, if utilized properly in our country would help us build a good future for ourselves and our country.