As it is now we have really emerged as a powerhouse in Bitcoin and crypto adoption. As we all know the Nigerian currency has undergone severe devaluation prompting us to seek refuge in assets that preserve value like Bitcoin. Now people don dey get trust issues with our traditional banking, we dey get bank restrictions wahala, like account freezing during political protest and foreign exchange limit wahala, all this things done push plenty users go Bitcoin so we go get better control over our funds.
Another better thing wey dey give me steady joy na say Nigerians na we dey rank top Consistently in P2P crypto platforms in Africa and globally. Because of the fast transfers compared to our traditional service, our entrepreneurs dey use Bitcoin to pay for imports from palace like China, bypassing FX restrictions. This cryptocurrency give us exposure to some things way for dey very difficult for us Nigerians but things have been smooth thanks to crypto. Were traditional systems fails, Bitcoin thrives. We can now see Nigeria as a global leader in crypto adoption due to it's economic volatility and real world utility coverage. As I love to say Nigerians no dey carry last.
Yes, na truth you talk at O.P about everything wey you speak so for here, but on the contrary, the major reason why I think say Naija dey take the lead currently as regards to the country with the most Bitcoin and crypto transactions globally be say Nigerians na hustlers we be, and we no dey carry eyes see opportunities and we no capitalize on am, most especially as our government been dey give us tough times regarding the several restrictions on both crypto and limitations been made on dollar and crypto accounts, including the constant depreciation been made on our Fiat currency due to poor policies. Which prompted many to venture into crypto trading and offering on p2p services on our respective crypto exchanges, such as Binance, Bybit and Bitget. But it's unfortunate Binance had to unlist it's Naija NGN due to unfavorable policies.