There are things people really need to understand about cryptocurrency or digital currency because it's not what we think it should it's now, cryptocurrency or digital currency created as an alternative means of payment and to scale through above where Naira is limited, for instance you can perform transactions without the third party knowing whom is to receive or who is sending except you already knows the person who owns the address or except it's from exchange. Since most of the address from exchange are verified so if there are compromise it could be easily being tracked from exchange.
You said it very well. We have seen the spread of cryptocurrency spreading all over the world. Naira is accepting it very easily and it has made everything much easier for us Nigerians. Cryptocurrencies have increased in various cryptos such as Binance, Sheetcoin, altcoin and most of all Bitcoin has increased in popularity. Of course, there is no need to know the identity of the third party, as long as the transaction is done through an exchange.
The main reason why Bitcoin investment has spread widely in Nigeria as well as the whole world is that Naira has accepted it with a lot of conscience. This Bitcoin investment has made your transactions much easier because there is no need for any bank or insurance papers. You can complete the transaction process through your specific wallet.