Quote from: Ambatman on Today at 06:02:44 PM

Yeah Bitcoin being a deflationary asset is a bane to inflation. Nigeria isn't the only country suffering from inflation
Every country dey hear ahn from inflation even Argentina worse pass naija.

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Bitcoin is currently considered part of the strategic reserve by the whole world

USA is not the whole world. Our country never even send Bitcoin as a strategic reserve movement.

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Do you think Bitcoin can prevent inflation and protect our Naira from devaluation?

Devaluation is wrongly used
It's usually intentional and by the government and always in comparison with another currency. It's policy driven.

What you are speaking about is depreciation of currency value.

No country wey dey this world wey nor get wahala as it concerns inflation at certain periods. De thing bi say Naija case too much, since this present regime, inflation fon take over the economy and i think say government no get any clue how dem go take save the economy from total collapse. Na God dey help many Naija people from poverty, cost of leaving has gone too high, which way Naija!