With Bitcoin on the rise and many European countries having Bitcoin national reserves and even America planning of having the world with the highest Bitcoin reserves in the trump administration knowing the potentials of Bitcoin to the economy of any progressive country
And coming back home to Nigeria with the current state of the of our economy it is right time that our government embrace Bitcoin and start having Bitcoin national reserves in the country just like all progressive nations of the world is doing, it's time that our government stop seeing Bitcoin as something that should be restricted in the country and embrace the future of the financial system of the world which is Bitcoin
Let have your say
Your plan is really commendable but it is unrealistic. Because it is almost impossible for a corrupt government like Nigeria to recognize Bitcoin as a national reserve. If the government of a country is always focused on embezzling the money of the common people, then how do you expect that government to take steps for the welfare of the country? These corrupt governments will never think about the development of the country.
Yes, if we plan a Bitcoin national reserve, then we will first have to look for an honest leader, which may not be possible even if we search the whole of Nigeria. However, if we can make an honest leader who has knowledge about crypto the head of the government, then maybe we can have a Bitcoin national reserve for the welfare of the people. It is a matter of time that a transparent asset like Bitcoin is positive in such a corrupt country.