Post
Topic
Board Nigeria (Naija)
Re: Is CBN secretly pushing people toward Bitcoin with the way naira is falling?
by
Charles-Tim
on 02/09/2025, 07:05:34 UTC
We should not all the time be condemning our country. I can still remember that in the beginning of this year, a dollar to naira was around $1600. There was even a time it went above $1620. But right now, a dollar to naira is around $1535.

Naira recently is among the first 10 Africa countries with strong performance.

About your question, people even in well developed countries are still thinking that United States dollar is an inflationary currency and they use assets like gold as a hedge while some people are now going for bitcoin as an alternative.