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.
Regardless to the fact that bitcoin HODLers are very few in our country
Nigeria I still want to agree with you on this because bitcoin has really helped a lot of citizens here in terms of inflation. even though alot of people was affected by inflation, that's those set of people who was ignorant of not looking for a possible means to escape inflation, instead they were lazy while some people was seriously doubting, then inflation kicked in and took everything from them, while the prudent people was wise enough to find a possible way out by shifting thier savings into bitcoin even before inflation kicked in, And they were saved. So I will admit that bitcoin has really helped most of the citizens here from not being affected by inflation.
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.
This is very obvious, however bitcoin really make things easier for us. If not for the help of bitcoin I wonder how most of this bigger companies will be managing to grow thier companies to it's normal standard, because they would definitely want to invest into something profitable that would bring a massive profit so that those profits they're making from thier investment will be due to use it in whatever thing they wish to do with it that can bring changes to the company, so if not for this digital asset (
BTC) I wonder how most of this companies that don't have enough funds to grow thier companies in such a way that it would look decent and attractive to People, i wonder how they will manger to get those funds...... It is to take a loan from bigger companies? And how much did you think will be due to be able to build thier company to this standard? But ever since the adoption of bitcoin things start working differently as most companies sees it as Best alternative, and also the most reliable investment in terms of long term holding, That is to show that bitcoin has really helped us in too many ways.