Post
Topic
Board Nigeria (Naija)
Re: What better ways can Bitcoin contribute to the economic situation in the country
by
Lembo69
on 27/01/2025, 17:50:35 UTC
I greet una my country people. As we all know this our country condition don dey pass be careful, things done dey get out of hand. My question Na how Bitcoin fit take in any way help in making Sure the less privilege fit afford to purchase or invest in Bitcoin through any ways, since we all know the hiking level now.
Bitcoin is a very effective way to improve the condition of the country. However, it depends on the effective efficiency and policies of investment. It is possible only if the Bitcoin policy can be introduced in the country's constitution and Bitcoin is considered as a means to save from the far-sighted. However, just as it has its good sides, it also has its bad sides. Because the price of Bitcoin can decrease at any time, which increases the risk of investment. And in such a situation, a crisis can come to the country's financial system. However, if the people are interested in cryptocurrency, the risk will be very low. And the far-sightedness will decrease in Nigeria. If the banking system is less operated, there will be a lot of financial improvement.

Using Bitcoin will make international transactions easier. Especially where banking transactions are complicated. And the pressure of remittance will reduce. This will improve the country's financial situation.