Post
Topic
Board Nigeria (Naija)
Re: How helpful Bitcoin has been to Nigerians.
by
Yablee0
on 17/07/2025, 06:58:38 UTC
1. Bitcoin helps Nigerians escape inflation and protect their wealth:
Bitcoin helps Nigerians escape inflation by allowing them to save money in Bitcoin which holds value better than the Naira, that loses value due to rising prices and devaluation.
For example:
If you were saving 500 thousand naira in a bank in Nigeria far back 2019 till now the money has lost value however saving that same amount in Bitcoin and holding it till date would have added more value to the money equaling it to millions of Naira today.

2. access global financial opportunities:
Bitcoin helps Nigerians to do online business, or freelance globally without needing foreign bank accounts or dollar approval.
A lot of people in Nigeria are now working online and in different countries while still based in Nigeria and payment of salary is then made easy, most of us here receive payment from our different campaign through Bitcoin.

Bitcoin has been our savior in differs ways :
*Bitcoin has enhanced financial transactions globally to be more efficiently and more fast in recent time.

* Bitcoin has made it possible for many Nigerians to defeat inflation through a better way of storing there funds in bitcoin.

*funds can be received or transferred across the globe through Bitcoin. Etc
 
However, bitcoin has been tested and proven to be a better way of storing our funds.