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?
You said some major reasons already, and they are true. One major thing stopping so many Nigerians form using Bitcoin is lack of good education and awareness, and possibly some must have been scammed form different platforms while some haven't Heard about it at all. So many Nigerians still don't know how Bitcoin work's, and so. Many are scared of loosing their money. Normally many Nigerians dey avoid all this online stuff with the believe say na scam, most expecially when they fall into fake platform like forex and MMM.