solutions that allow shop owners to accept Bitcoin and auto-convert to naira instantly to avoid volatility.
What I know is when you receive Bitcoin you convert it to USDT or you leave it in Bitcoin and then trade it using P2P exchange, so if a supermarket is interested in accepting Bitcoin they should employ someone who will be in charge in doing the P2P trading, for now I don't think there's an auto-convert to naira app or device, however it can still be developed.
Having auto-convert to naira will be helpful because shops can now be accepting payment through Bitcoin without fear of volatility.
Some people may say it those not matter and that why should a shop owner be scared of Bitcoin volatility when even if Bitcoin falls in price it will surely rise again, if you are having this thought you need to understand that this is a business and they sell and restock there goods and they do this with the money they have already sold so you see they need to always have there money complete.
I'm happy to be here, I never knew we have Nigeria discussion place here.
Other forum I join don't have a place like this.
I don't supermarkets accepting Bitcoin has a means of payment anytime soon and I'm not bothered about it because I wasn't going to use my hard earned Bitcoin to purchase anything in the supermarket. It would have been better if you had said a landed property but using Bitcoin to get groceries at the supermarket? That's a no no for me, and I don't really advice any supermarket to publicly announce that they are now accepting Bitcoin as payment for security purposes to avoid being robbed.