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Last scraped
Scraped on 19/04/2025, 14:07:57 UTC
They are not buying secretly and there's no benefit in indulging in such
Many country that own a Bitcoin is from holdings gotten from illicit acts.

The Bitcoin reserve idea is still on its early phase
I wouldn't encourage Nigeria to jump head in first with our current economic status.
Watch and observe how those that are planning on implementing it are doing
And learn from them.
We are not in a position to be fore runner of the experiment.

What are you even saying, I know that the Bitcoin reserve idea is still at it's early stage, but this is the best time for countries with lesser economies to buy Bitcoin now that it's still way cheaper, El Salvador has already made that move and it would be an advantage to them when other countries with greater economy jump in fully with bigger amount of money.
 By then it would make the coin go higher and countries with lesser economy would regret not buying now cause the competition would become so tough in the near future, El Salvador's president was wise enough to know that, no wonder the enter the market earlier regardless of how bad his economy was when they started buying Bitcoin.
 Most of you here are not very good researchers, who told you that some countries are not secretly buying bitcoin and accumulating aggressively.

https://www.benzinga.com/markets/cryptocurrency/25/01/43336076/el-salvador-changes-bitcoin-law-but-legal-tender-status-remains#:~:text=El%20Salvador%20became%20the%20first,trailblazer%20in%20digital%20currency%20adoption.
https://www.benzinga.com/markets/cryptocurrency/24/12/42387366/bitcoin-sellers-delight-bhutan-transfers-40m-in-btc-to-qcp-capital
https://www.benzinga.com/24/12/42677932/russian-firms-adopt-bitcoin-for-global-trade-in-response-to-western-sanctions-should-be-expanded-and-developed-further
https://www.benzinga.com/markets/cryptocurrency/25/01/43270841/how-donald-trump-could-make-the-strategic-bitcoin-reserve-a-reality









Original archived Re: Now is the best time for Nigeria to own a Bitcoin reserve.
Scraped on 19/04/2025, 14:03:00 UTC
They are not buying secretly and there's no benefit in indulging in such
Many country that own a Bitcoin is from holdings gotten from illicit acts.

The Bitcoin reserve idea is still on its early phase
I wouldn't encourage Nigeria to jump head in first with our current economic status.
Watch and observe how those that are planning on implementing it are doing
And learn from them.
We are not in a position to be fore runner of the experiment.

What are you even saying, I know that the Bitcoin reserve idea is still at it's early stage, but this is the best time for countries with lesser economies to buy Bitcoin now that it's still way cheaper, El Salvador has already made that move and it would be an advantage to them when other countries with greater economy jump in fully with bigger amount of money.
 By then it would make the coin go higher and countries with lesser economy would regret not buying now cause the competition would become so tough in the near future, El Salvador's president was wise enough to know that, no wonder the enter the market earlier regardless of how bad his economy was when they started buying Bitcoin.
 Most of you here are not very good researchers, who told you that some countries are not secretly buying bitcoin and accumulating aggressively.

https://www.benzinga.com/markets/cryptocurrency/25/01/43336076/el-salvador-changes-bitcoin-law-but-legal-tender-status-remains#:~:text=El%20Salvador%20became%20the%20first,trailblazer%20in%20digital%20currency%20adoption.
https://www.benzinga.com/markets/cryptocurrency/24/12/42387366/bitcoin-sellers-delight-bhutan-transfers-40m-in-btc-to-qcp-capital
https://www.benzinga.com/24/12/42677932/russian-firms-adopt-bitcoin-for-global-trade-in-response-to-western-sanctions-should-be-expanded-and-developed-further
https://www.benzinga.com/markets/cryptocurrency/25/01/43270841/how-donald-trump-could-make-the-strategic-bitcoin-reserve-a-reality