Bitcoin is able to be a viable solution for sending money to Nigeria, mostly for bypassing high bank fees and slow traditional transactions. Bitcoin is fast, without borders and even cheaper, when sender and receiver knows and understand how to operate it safely. Though it is not perfect. Price instability, no tech know-how, and possible scams are real risks. Those who are relaxed with crypto and safety basics, it provides a to do option. For some others, it might just be more of a gamble rather than a solution.
What's your view a out this?
This is a very good means as it will be out of site of monitoring your financial transactions from one country to another, because most Nigerians in the diaspora pass through a lot of securities and scrutiny before sending money to their loved ones, and for those that are not that strong to face those challenges finds it difficult to comfortably make transactions from any country they are.
Bitcoin is the only solution to solve all these financial issues transactions of traditional banking and payment of high fees charging and wanting to go into ones financial privacy in order to have a successful and smooth transaction .
Bitcoin has a lot of advantages and remains the best in solving our financial problems in this our time and that is what it's created for, breaking traditional barriers, financial freedom and autonomy, easy access to your funds, high fees charges reduction e.t.c.