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 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.
Bitcoin never generally solve economic issues for this our country apart from say e don give plenty young Nigerians opportunities to use create wealth for them sefs way done reduce the total number of graduates way the wait for government job to use survive life.
Nigeria government no go agree do that thing di El Salvador government do for di adoption of bitcoin as legal tender for their country make we for Di feat use am buy and pay for products and services. E go affect how the government spend money thru corruption. Nigerians go want make government spend on some of their projects using bitcoin. With di bitcoin blockchain e go make every spending visible to public assessment and corrupt government like ours no go want make we adopt such technology way go expose plenty financial corruption with public funds.