Post
Topic
Board Nigeria (Naija)
Re: Is CBN secretly pushing people toward Bitcoin with the way naira is falling?
by
CryptopreneurBrainboss
on 03/09/2025, 04:48:35 UTC
What do you guys think, is this intentional or just the natural result of weak monetary policies? And will CBN eventually have no choice but to regulate Bitcoin instead of fighting it?

I don't believe it's intentional, if they knew it'll get to this they won't have done it to begin with. They thought fighting Bitcoin will stop the society from having interest but their plans failed. Infact I like the fact that the government aren't being friendly to Bitcoin because that's what has helped alot in making the industry popular among the youths that are always rebellious to the government. I don't believe the government will adopt Bitcoin to the extent that it'll become an accepted currency in Nigeria. What I think is they'll just ignore it. Nobody wants to give up power and not especially the Nigerian government, they won't put Bitcoin over the Naira then lose control to the public.