Post
Topic
Board Nigeria (Naija)
Merits 3 from 1 user
Re: The Optimum Usefulness of Bitcoin in Nigeria
by
Mehmet69
on 31/07/2025, 08:01:52 UTC
⭐ Merited by Scarlett_23 (3)
When it comes to Bitcoin transactions in Nigeria, judging from the Bitcointalk forum and my personal discussions with some Bitcoin savvy individuals, I’ve always noticed that if it's not about holding, then it’s either trading or staking. Most of the P2P posts here including those warning us about scams seem to be related to trading, from what I can tell at the moment.
Given the nature of Nigerian society, many people might not be tech-savvy enough to become traders or get into staking, which narrows down the option to f simply want to hold.
I believe we can all agree that the ultimate goal has always been to make Bitcoin a legal tender.

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.

Yes, you are right. We should use Bitcoin or Crypto in real life. And we should attract people around us to it. But today I want to talk about another aspect of society. Which seems very painful to me to say, but this is the main reality.

The society we live in is still dominated by jealousy. In our society, when someone goes to help someone, they are first deceived. We have to change this attitude first. There are many areas where they think that if you win, I will learn, and together we will all succeed. This could have been our main principle.

But I have seen many places where if someone wants to succeed, others pull him down. Being in such a society destroys the mentality of helping others. People learn to be good or bad from their surroundings. If a society can show a teenager his mistakes and show him the right path, then that society will always be happy. But most of the people in our society find some fault in every work as if it seems that the existence of that person is wrong.

This is not tolerable. At such times, when someone is successful, he forgets to present his work to his brothers. The sympathy among people is lost. They are deceived again and again by their own people. That is why there are many who, even after knowing about Bitcoin or Crypto, do not have the courage to tell others about it.

That is why even today, people in our country are so backward in using technology. We have to change our attitude. We have to remember that if my brother moves forward, then I can move forward with him more easily.