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.
Digital currency in a whole has been a big help to we Nigerian, especially in this out country wey e dey tough to find well paying job . E don give us the privilege to work from our comfort zone and same time don give us the opportunity to take charge in our asset without any third party involving .
Digital currency don make things easier we can now send any amount of money from wherever we like to wherever we like without going through any long process just to copy the required wallet address . And also it has served has a good means of investment buying a particular coin and holding it with the hope of it surging in price in long run .