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29/08/2025, 09:52:11 UTC POST DELETED
Original archived Re: "How Can Nigeria Leverage Bitcoin for Financial Freedom Amidst Naira Devaluation
Scraped on 22/08/2025, 09:52:53 UTC
Bitcoin can be used as an investment and a hedge against inflation but it cannot be used to have financial freedom unless you have invested in it in the past and have gained like 100x return or more.

However, this is not without challenges. Volatility remains a major concern Bitcoin's price can swing wildly in short periods, making it risky as a day-to-day currency. There’s also the issue of government regulations. The Central Bank of Nigeria has taken a cautious, sometimes hostile stance toward crypto, which creates uncertainty for investors and users.
With all the government hostility in the past, Nigerians were still able to trade bitcoin.