Post
Topic
Board Nigeria (Naija)
Re: Naija doing well in cryptocurrency
by
Charles-Tim
on 07/08/2025, 08:17:02 UTC
For many years now Nigeria don emerge as one of the global leader for adoption of crypto, which Nigerians don use ham tackle so many economic related issues wah dy we country
Which economic related issue has crypto solved? We need good leaders to solve such issues and not crypto. Although, bitcoin and some other crypto has helped people in Nigeria in making money, for investment and to hedge against inflation.

It will be good if bitcoin can be used in some institutions like in school for payment of school fees. According to what happened in El Salvador after the country make bitcoin a legal tender, it will not compete with local currency but do not expect our government to allow that because they will not recognize any currency than naira.

As for the use of stable coins, they should not accept it unless it is pegged or backed by naira. Just bitcoin should be allowed. But if that happens, I will wake up from my dream.