Quote from: Agbe on August 03, 2025, 08:18:22 PM

Truth be told Bitcoin is still an emerging thing in Nigeria so in terms of usefulness especially as it comes to using it to purchasing things it's not that popular because in terms of acceptance level many people have not gotten the knowledge about Bitcoin so you can't use Bitcoin in purchasing things like lands or even paying bride price for now it's more about online payments but I believe that going forward the use of Bitcoin in the Nigerian ordinary day Market will be more common

The emergence for its use in day to day life is not at optimum yet but With the replies so far, It shows some positives. Some things are actually being bought with it and its true it will actually take sometime for it to be 100% accepted by the general public but great steps so far.

Quote from: WhoYouCantKill on July 31, 2025, 11:18:22 PM

This is a good and on time question. In Nigeria, some real-life Bitcoin users are centered on cross-border payments, funding business deals and hedging against the instability in naira. Though stories of those using Bitcoin to buy cars, lands, or maybe pay bride price still exist, it remains rare and informal and could be based on mutual trust
Without any lie, regulatory uncertainty and not having adoption of widespread Marchant have left Bitcoin from achieving full legal tender or even everyday payment tool for us. Though its worth as a storage of wealth, trading asset, and financial escape route is very strong, mostly in seasons of banking restrictions and/or inflation.

Using Bitcoin to purchase lands or cars may not be true but the potential is there, the only thing lacking is a system that empowers it openly and securely.

While it is a one of the best asset ever if it can be accumulated, I believe with the growing interest in bitcoin most especially from the youth, it will soon turn these rare cases to consistent occurrences.