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.
Bitcoin is no where to be compared to the fiat currency because of how valuable they are and how increasingly the price continues to rise in the face of all uncertainties and setbacks that could have stopped it from growing. Bitcoin don already prove itself to be an investment wey go help to edge against inflation and make investing in them very profitable. The example you gave about investment in bitcoin over the years will no doubt yield good profit because by now inflation go don make am dey devalue and will have made you regretted ever leaving the money safe in the bank like that.
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.
Actually this one na very good point and I like as Bitcoin don make cross border payment easier and to dey work online dey very comfortable as you can receive your funds immediately without having to pass so many protocols to get your money as in the case of while using fiat to collect payment for online jobs and cross border payments. The advantages of Bitcoin no fit ever dey overemphasized because e don already overwhelm the disadvantages wey no fit make you get second thought not to accept am.