Post
Topic
Board Nigeria (Naija)
Merits 2 from 1 user
Re: Bitcoin's Relevance In Nigeria Economy
by
Mehmet69
on 28/07/2025, 20:48:34 UTC
⭐ Merited by Gost ms (2)
In 2022, Bitcoin's price plummeted with stock price volatility and they were discussions against the success of Bitcoin. But with popular research and discoveries, here are some few improvements with the innovation of Bitcoin's resurgence .


The use of Bitcoin is increasing day by day. Bitcoin has been in the market since 2009. But it was not popular then because people did not know about Bitcoin. The ups and downs of the market are not a big deal based on the stock market in 2022.

In the beginning of Bitcoin, the common man did not have enough information to understand its technology. Some people invested knowingly or unknowingly and later sold it when the price fell. Since then, many people consider Bitcoin to be a scam. Since the touch of modernity, people have started to know about everything. People knew about Bitcoin for some time. But, they did not know what the nature of Bitcoin is?

If we do not know about something, then how can we say whether it is good or bad? The same thing happened in the case of Bitcoin. People knew about the stock market in advance. When that market crashed, many common people including investors also became aware of the matter. After that, people's misconceptions were broken. Now over time, Bitcoin will become more usable. Because now not only ordinary investors but also various companies and countries have started using Bitcoin as their next reserve.