Post
Topic
Board Nigeria (Naija)
Re: The role of Bitcoin in protecting Nigerian Naira inflation and savings.
by
B-BossMan
on 16/08/2025, 04:20:35 UTC
To me it's not surprising, since our Naira loses value. What is the government expecting from the citizens? Already our economy is very poor in nature, and our government tends to move on no matter how. So the government needs to put more emphasis on building a stronger economy so the citizens will no longer be living in a poor economic condition. As such, the aim of the government is to decentralise Bitcoin in nature, which I don't think would be possible.

As the citizens tend to secure their own wealth by themselves, you can see that many people that accept the centralised nature of Bitcoin are safe from any interaction and distraction from the government; your wealth is controlled by you, not any authority boards.

In addition, Bitcoin will definitely gain more growth every time and also gain recognition.