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 accepted bitcoin a legal tender, it showed that bitcoin 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 this that happen, I will wake up from my dream.
Lol. We will have to keep on dreaming because I don't see any of these even possible with the current Nigerian government. They only have eyes on what would benefit them not what would benefit the economy. Once they sight anything that the youths are using to survive,they try their very best to put obstacles on it.
What has sustained cryptocurrency till this day is because of how stubborn the youths are. The government has tried in so many ways to eliminate the use of crypto but we no dey hear word...they won't agree with anything that doesn't relate to naira because they know how they benefit from it.