Post
Topic
Board Nigeria (Naija)
Re: Bitcoin vs Nigerians: The Challenges and Possible Solutions
by
casey15
on 07/06/2025, 19:32:18 UTC
If there's one thing we know about the Nigeria Government, it's that they hardly want to be left out behind when Western World moves, even if they come late to the party. That that's why I strongly believe that in the nearest future, Nigeria may adopt a Bitcoin Reserve Strategy like the US and few other countries are already doing.
They will have no option than to follow what is going on. More countries will likely have bitcoin in their national reserve and Nigeria will one day consider that.

But we need youths that are crypto enthusiasts and crypto enthusiasts to be in politics and power because this can hasten it.

About where you posted that fintech may later integrate bitcoin and make it available on their platform, I think we still have a long way to go because the our government will still see it as an asset competing with naira and not allow that. Although, bitcoin is not a replacement and cannot compete with naira.

While this is true, youth who are crypto enthusiast are been brutally everyday by law enforcement... This makes it harder for the younger generation to really participate in politics...

The enaction of the current government into office really pushed people away from political events due to corruption