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.
In Nigeria it is not has easy as you think, in as much as it is not fully legalize, therefore a lot of Bitcoin users are not free to make such transactions and communication because of the fear of the unknown like the security personnel to come after them, this present government is looking for every means to bring down most crypto users, therefore alot of caution needs to be put into consideration before purchasing you cars, land or anything you want to do, except you know and sure of the person before doing such transactions.