Quote from: Felicity_Tide on April 01, 2025, 07:48:17 AM

If there is one thing I like doing, is addressing issues/questions once and for all without going back to them again, and that's why I don't reply to threads that has been created over and over again.

Bitcoin has the potential to significantly impact Nigeria's economy because it can provide access to financial services to Nigeria's unbanked population, allowing them to participate in the economy without relying on traditional banking systems. Bitcoin can reduce transaction costs and increase the speed of cross-border payments, benefiting both senders and receivers. The volatility of the national currency, the Naira, has led many Nigerians to seek alternatives. Bitcoin, as a decentralized currency, offers a hedge against inflation and devaluation, so I believe it is beneficial rather than risky.