Post
Topic
Board Nigeria (Naija)
Merits 2 from 1 user
Re: What is your vision for crypto in Nigeria in few years
by
Amphenomenon
on 21/08/2025, 20:00:07 UTC
⭐ Merited by igebotz (2)
All these growth highly depend on the regulations made by our government by then but hopefully by then we would have known their actual stance, which maybe to support it because more top countries would have been supporting it more and may have approved their bitcoin reserves

1. The rise of Nigerian Blockchain developers... I would really love to see that Nigeria becomes a hub for Blockchain innovation..where it isn't just about traders and users but also developers...
There will be rise but unfortunately it will still be not as it to be because sadly Blockchain innovation is falling off generally simply from the fact that developers team are only concerned in making money and for this reason they rather create one meme coin more to the next rathe than focus on an actual world problems.  Also investors are more interested in any quick profit, gambling on one  meme coin to another rather than also investing on Blockchain innovation for world problems.


2. True Financial literacy: I really do hope that in like 5years time, almost all household in the country are aware of cryptocurrency, where school, workplace, and even government empowerment programs includes it into their teaching scheme
Definitely more would have been well aware of cryptocurrency, at least in an household more than one individual would be aware if they have access to the internet, but the numbers that would be actually knowledgeable about the truth in this space will be lesser.

3. P2P to Formal market: I really hope to see a crypto market in Nigeria that is fully functional, well regulated and really safe... Where business of all kind and not just individuals can accept crypto payment without fear..

 I would like to hear your vision and hope of crypto in Nigeria system...
I think this may be acceptable in some big supermarket but this even depend more on governmental regulations and also how well individuals visiting from other countries  or tourists are attracted to it.