Quote from: Charles-Tim on September 02, 2025, 01:29:18 PM

All we need is the government to be friendly with bitcoin, unlike the time of Emefiele as the CBN governor. I can easily convert my bitcoin to naira and naira to bitcoin as easy as possible and I think that is what that really matters. But if they say they want to make bitcoin a legal tender, that is good but I think that would be in my dream and not in real life.

Not like Nigeria won’t make bitcoin a legal tender, but they will wait to see other countries to move to that effect first before they will want to decide whether they should move in that direction or not. This is not about any developing nation adopting it but more about other top countries in the world moving to that effect. Bitcoin as a legal tender may happen, but if we’re waiting for it to happen first, then many people will never get to embrace it.

Like you’ve mentioned, if we can conveniently convert our naira to bitcoin and bitcoin to naira using our exchanges through local banks without government interventions, then we can confidently say that we’re getting there and one day we may hear good news and better regulations for the use of bitcoin and other cryptocurrencies in Naija. Many things about bitcoin may look like a dream now until they turn reality in our eyes.