Post
Topic
Board Nigeria (Naija)
Re: We need solutions.
by
Achalugo BTC
on 26/08/2025, 21:30:44 UTC
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.



You are right in what you said but for me, I don't think everyone will be interested to participate in Bitcoin or any crypto related discussion, because they see it as another me hint or ways to scam people, no matter how many times one explain to them, they won't adhere to it or will even change their mindset on anything crypto, instead they use the old method to get what they want.