Post
Topic
Board Nigeria (Naija)
Re: Why are African businessmen not bullish in advocating for Bitcoin?
by
Bravethug
on 11/03/2025, 22:50:52 UTC
We don't even need to ask why Dangote is not using or investing on Bitcoin because is simple that he doesn't want to invest on Bitcoin, however how could you expect a businessman to go and advice the nation why they need to have a Bitcoin reserve, he could obviously be putting his business at risk considering the hatred the government has for it, so even if i was in the place of Dangote I will keep my interest on Bitcoin very private because if you create an awareness that would influence the government ethics they will bring your business down before you could even think of that.

This statement is on the right track, dangote is a business man that's making sure his business grows more so there are something's we don't expect him to do, government have interest, so any business man that really want to thrive in any country  must be careful in what they suggest or advise the government to do, in as much as i support bitcoin reserve in our dear country, I will still have to state it clear that bitcoin reserve is not the major problem we have currently, we gat a non working economy to fix so I believe we should start from somewhere first, bitcoin reserve is good for this country but dangote has got some issues with this government form the beginning and to that effect he can't take such step because he understand the danger that may be accompanied with such stand if he does, he may personally be a holder or major investor in bitcoin investment however, such investment will remain secret for the safety of safety of his businesses sparead across this country, so we shouldn't expect anything from him in the aspect of bitcoin for these reasons that has been stayed already.