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
Doing this now is more like adding another problem to the existing problems in the country. Nigerian leaders that have failed to manage it's natural resources and assets properly cannot handle adding Bitcoin to it and I'll tell you why:
They cannot handle the transparency associated with Bitcoin which would prevent them from laundering money secretly and secondly, if they do it, they would've given Bitcoin and entire cryptocurrency a free hand in the country and most people would prefer having their funds in Bitcoin rather than the bank, so the banks would records a big setback and protest politically against that.
Nigeria has lots of problems that needs urgent attention and solving. Bitcoin as a reserve fund now is the least solution to our economic issues.