Now, I don’t want to limit the usefulness of Bitcoin, so I’d like to ask; have you had more real-life problem-solving situations where you had to make transactions with Bitcoin? For instance, have you ever used it to purchase land, pay a bride price, or buy a new car?
This question aims to open more people’s eyes to the endless opportunities that can come from investing in Bitcoin and crypto at large.
While I have not personally been in such situations, I know of a lot of dealership.. car dealership and even jewelry dealers in Nigeria that accept bitcoin in payment... Most of them accept only bitcoin and usdt as crypto means if payment..
Not a lot of people are really knowledgeable about bitcoin especially the older generations... Even the newer ones just think about trading whenever bitcoin is mentioned ..
For the pay of bride price, it will be difficult for it to be adopted because it is a cultural thing.. Nigeria is a place that values cultural ethics so bitcoin adaptation in that sector is highly unlikely.