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 helpful to to the Nigerian society especially to those who has been able to tap into the potentials that Bitcoin offers especially in a country like ours where the economy is not doing that good Bitcoin has helped many people escape the rising inflation that is biting hard into the pocket of the ordinary citizens because Bitcoin is a defense against inflation because of its growth rate over a short time , Bitcoin has created opportunities to make people get richer through investing in it because Bitcoin is one of the top performing assets that Nigerians are residing to as a way out of the present economic situation so Bitcoin has been helpful to the Nigerian society that is to people that has been open minded to it.