Quote from: lovesmayfamilis on August 26, 2025, 11:58:07 AM

Plagiarism
Lolipo

Quote from: Lolipo on August 25, 2025, 01:50:12 PM

Despite a national internet penetration rate of only 40%, less than half the population having access to a bank account, and a government ban on banks from dealing with cryptocurrency that stood from February 2021 until late 2023, Nigeria is one of the world-leaders in terms of crypto adoption.

In fact, Nigeria sits in second place on the global crypto adoption index - behind only India - with a thriving, young and tech-savvy population increasingly turning to cryptocurrency to meet their financial needs.

As of mid-2023, Nigeria's volume of crypto transactions grew 9% year-on-year to $56.7 billion, bucking the global bear market trend. Whilst some of this growth is due to the weakening of the Naira increasing interest in cryptocurrencies as a store of value, cryptocurrency often serves a range of different financial purposes in Nigeria.

Going by this trend in few years to come Bitcoin will increase more

https://creditcoin.org/blog/nigeria-crypto-scene/

Someone who was pardoned by the moderators for plagiarism, but still continues to copy and paste.

Quote from: Lolipo on September 09, 2025, 03:34:12 PM

Not everyone is as immediately bullish as Edelman.

In a March note to clients, TIAA chief investment officer Niladri Mukherjee said, “While broadening enthusiasm around crypto adoption and the bitcoin ETFs are an encouraging sign for the industry, from an investment perspective, its value drivers will take time to develop and to be well understood by market participants.”

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Given that the industry is still “quite opaque and unregulated,” Mukherjee added that individuals should do their due diligence before investing.

But even before you do that, gut check yourself. When asked who absolutely should not invest in crypto, Edelman was quick to reply: “Those who cannot emotionally tolerate volatility. Because we know (cryptocurrencies are) highly volatile. You’re likely to sell when prices are low.”

That’s especially the case if you decide to invest directly in a given coin.

A good way to test your appetite for volatility is to consider how much you might spend on a nice meal at a favorite restaurant and invest that amount into crypto if it doesn’t strain your household budget. Then just watch to see what happens over the next several months, Ross said. “Track it, read about it, understand its ebbs and flows.”

https://edition.cnn.com/2025/06/07/business/should-you-invest-in-crypto-now