Old, young, middle- aged, what's stopping a typical Nigerian from using Bitcoin? Nigerians are resilient people, surely we'll jump at the chance if getting services at the least possible cost. Like the aformentioned question, could it be that they are not well educated about Bitcoins accessibility and flexibility? Like the common statement; na scam. Having been victims to schemes like; MMM and FOREX just to mention a few, dear surely would set in. Furthermore, could the strict regulations could be a discouraging factor. What could be more underlining factors?
Me I see say na fear dey mostly make some person in Nigeria not to get involved in crypto related activities because of the risk wey dey for cryptocurrency. People dey see am say crypto currency no dey secured for them. So na mostly lack of knowledge of waiting crypto currency is and also majority of this person are not tech wise so dey have limited knowledge and this could also be a factor.