As we all know cryptocurrency has plenty benefits although there are also challenges, but it is essential to consider good things cryptocurrency can offer to people worldwide.

CRYPTOCURRENCY IS BRINGING THE WORLD TOGETHER : it is already obvious that cryptocurrency doesn't care about borders, anybody can make use of cryptocurrency wether in big city or in small village. that is to say cryptocurrency can bring people together no matter where you are from. Cryptocurrency also make the global economy more welcoming by allowing everybody to participate, regardless of where they live or what language they speak. this help establish connections between different cultures and communities, making the world smaller and friendlier.

CRYPTOCURRENCY IS FOSTERING INNOVATION AND CREATIVE : the rise of cryptocurrency  has ignite a wave for innovation, alot of people are coming up with new plans and ideas on how to use Blockchain technology in ways that goes beyond money. Cryptocurrency is pushing beyond what we thought was not possible. this innovation can lead to better tools and services that can make our lives easier and more connected.

CRYPTOCURRENCY OFFERS YOU CONTROL OVER YOUR MONEY : though this particular benefit might be common among us, but let call it a reminder or an enlighten to newbies, that one of the significant benefit cryptocurrency can offer to them is control over their money. As we all know in the traditional banking system you have to trust the bank to keep your money Safe and handle your transactions accurately. But with cryptocurrency you're fully in control of your digital wallet, you decide how, when and why to use your money which can be empowering, especially in countries where there financial systems is fragile.

CRYPTOCURRENCY SECURITY IS THE SECURITY YOU CAN TRUST : as we all know security is a major concern when it comes to money. And cryptocurrency uses some of the top security methods available today. All thanks to Blockchain technology where every transaction is recorded and no possible for them to alter, make it difficult for someone to cheat nor scam others.

CRYPTOCURRENCY OFFERS SPEED AND AFFORDABLE TRANSACTIONS: this is the part I admire so much about cryptocurrency. Cryptocurrency transactions are usually much faster and cheap than our traditional banking system. Cryptocurrency is more of advantage when you need to send money quickly. wether to pay bills, or purchase something online or sending money for our families and friends in another country, cryptocurrency can help make the process more efficient.

With the possibility of the federal consumer financial protection bureau being diminished or eliminated,I offer the following for your consideration;

Protect yourself and all your assets from scams.As AI takes hold,the number of scams that will come over the phone,in email,in real mail,in internet searches,in text messages,in link on web pages between news stories is beginning to multiply exponentially.
So if you have not already frozen your credit,please do it,it’s not difficult to do and turn off temporarily and refreeze.Thereafter,run your free annual credit report and check it for bad or suspicious information.

Make sure all,and i mean all access to any of your financial accounts including banking,credit card, investment and retirement is protected using 2 factor or multi factor authentication and pass keys are supposed to be state of the art.
Stop answering calls from unknown callers,let them go to voice mail and i think that alone will allow you to screen out scams.

And be extremely wary of AI generated search results,they cannot yet be trusted without verification.
Keep all your electronic devices up-to-date making sure all operating systems,security updates and applications are checking and updated frequently.

In conclusion;
Remember,there are perhaps millions of human and maybe billions of electronic bots out there that are trying to steal from what you have worked-out your life to build,so is time to put in some effort to protect yourself and your assets against any potential attack.

Theirs something I want to know, the name yellow card is it the name of the exchange? If the exchange is centralised exchange that means their privacy will not that strong, if it is being established in Nigeria, EFCC can break in into their office and extract the data of anyone who has done business with them if their is accusations to their customers,so for me is not good to go into something that you have not fully understand the concept, we have so many exchanges in the field so we need to know that scammers are everywhere before they will scam some of us and go away with our coins

Those who started early have benefited a lot in bitcoin investment; there is no doubt about that. That is why it is always advisable for investors to invest instead of procrastinating. It is true there is no latecoming in bitcoin, but the earlier one begins to invest, the more benefit you get from bitcoin. The price of bitcoin is increasing, and you can't compare the investors of so many years to that of the investors of today, but this doesn't mean people should have the mindset that late investors have nothing to benefit from bitcoin investment. For those who are still waiting and thinking of investing, it is better to start now and not miss the opportunity of today.

First I don't know where you got that but anybody can create a thread.
There's no restrictions.

Second, you have created a thread before around 2023 so why ask how?
 Your rank doesn't show your level of capacity to contribute
There are People of lower rank that have made great
contributions to the forum than some of higher rank.



How the forum works? Check this out
https://bitcointalk.org/index.php?topic=703657.0

These are good materials for anyone interested to know about Bitcoin but sadly Op has suddenly disappeared. I don't know but I'm not sure if he went through this thread after posting. This is why some people see posts like this as not genuine and not worthy of attention. Numerous threads have discussed about this topic before but none of them (poster) follow up to give us a feedback. Probably, only few of them have genuine interest to learn about bitcoin. Their feedback is a motivation for expert to turn up with suggestions and recommendations always.

They can never be in one side.

As some people are saying bitcoin will rise, some people will say bitcoin will fall.

Do you know what I noticed recently, if bitcoin falls and start to rise back and rise above $106000, you will see them saying bitcoin will get to all time high soon and get to $1200000. Bitcoin fall to $105250 not long ago and I have been seeing bitcoin may fall again.

I hate this kind of speculation.

https://talkimg.com/images/2025/06/30/UuxvJb.png


We often hear fintech companies investing in bitcoin and we find it good news. But now we are seeing all kinds of businesses get into bitcoin as well. If this continues all across the world, they may even accept bitcoin for payment. This could be the key to mass adoption of bitcoin. Which businesses do you think could be the next to invest in bitcoin?

Trading works for you based on your knowledge and how you apply it, this is the reason why not everyone can have the same results with it, to some they might have a better life while others might end up losing in a fortune in the market. One thing I can say for sure is that no one can just get a better life kit of trading In the beginning phases, even though there are lots of opportunities to take advantage of you must seek knowledge first

Hello friends, do you think Nigerian banks and other related bodies will ever consider categorizing Cryptocurrency as an asset that will make people eligible for loans? I read online that that is a move been considered already by countries like the United States.


https://www.investopedia.com/federal-regulator-opens-doors-to-crypto-in-mortgage-applications-11761381

There are moments we have regular benefactors and those we may have business transactions on a regular basis with who facilitates on executing transactions without informing the other party first and take them unaware while sends the funds probably could be a usual and successful.

But while the receiver was not informed before the sender sends the funds, there are times we ends up sending the funds into one of those abandoned accounts due to insecurity activities in the Wallet address or those inaccessible Wallet addresses due to lost of seed phrases where the funds there are forever be unclaimed due to inaccessibility of the account.
So there is always a need to request for the recipient (s) to either send you their wallet address or ask to confirm if you can send to the usual address you may have transacted with the person.
This is to avoid getting your funds stuck and we know in the Crypto network especially in the non custodian wallet providers once you have lost you seed phrase and lost access to your wallet, you have lost it all forever.

This happened between an uncle and I during my school days who sent money in my dormant back account.
I am motivated to say this today after a friends cousin recently sent him Bitcoin worth of $6K from abroad and hoped was going to be an exciting surprise to him but as it is, the money has become a waste because the guy has already trashed and forgotten that wallet address the fund was sent to.
The recipient should be blamed too because benefactors or regular
business partners are ought to be notified in cases like that because funds can be sent without your notice at anytime.

How necessary do you find this post?

New here?  This happens all the time.  And when all people lose hope, it finally starts showing signs of life.  You need to calm yourself, it is another asset and it does not GUARANTEE that it will make it like it used to every single time.  In fact, it does not even guarantee success at all and no asset is really going to be sky rocketing forever.

I never knew that such a thread is here, I'm glad to come across these thread base on useful information for Nigeria newbies, i just pick a encourage never to give up again because i was having double mind if i can still continue but I'm glad to see my mates here, i believe that i continue pushing and abide to rules in this local bored and this is the first time of me posting here, and i believe i do better with help of the information gotten from this thread

Hello everyone,

I wanted to create this topic because a friend asked me about the legitimacy of something he came across. This friend usually uses websites that provide virtual phone numbers which can be used to receive text messages, and these messages are usually visible to everyone. He encountered this first message, which everyone who used this virtual number would see,, stating that a large amount of USDT had been withdrawn through one of the websites. The visitor also sees login credentials for the account.

https://www.talkimg.com/images/2025/06/24/UujInD.png

Now, everyone should be cautious: this is a phishing message that was intentionally sent to this virtual number to lure users into visiting a phishing website that impersonates the well-known platform OKX.


From this situation, we must learn the following:

1. Do not use websites that offer virtual numbers and receive temporary SMS services to confirm personal and important accounts.. Always create emails through trusted and official email providers.

2. Never open random websites you come across, whether on receive-SMS platforms or any other sites,, as many phishing sites impersonate famous platforms. You should always do the necessary research, bookmark only official links, and stick to using them.

     Greetings to all my fellow Nigerians I brought this topic for all of us to add our perspective on why you think Nigeria is leading the adoption of bitcoin in Africa .

 in the year 2020, the term( Bitcoin) became more  popular in Nigeria after our Naira currency devalued, which made  many Nigerians to explore Bitcoin as a potentially  store of value and it iscertain that every since many Nigeria Bitcoiner has evolved over time in suggesting a cautious embrace of the technology.

With the Central Bank of Nigeria (CBN) stop financial institutions from dealing in crypto then not too soon a shift occurred in May 2023 when a 10% tax on cryptocurrency sales signalled recognition of the sector. That same month, a national blockchain policy was introduced and was aiming to foster a blockchain-powered economy.but it didn't end there, more progress came in January 2024 when the CBN released guidelines that allowed  banks to service crypto firms (though not directly hold or trade crypto themselves) even in the  earlier restrictions crypto transactions in Nigeria still  demonstrated a thriving peer-to-peer market.

 As years past there is no doubt that Nigeria will definitely continue to adopt bitcoin , (cryptocurrency) due to our economy, youths are all looking for was to be self employed because it is certain that to find a good job in our country is very hard .

The factor that is bringing adoption in Niger Nigeria .
 High Inflation and Currency Devaluation:
Our country currency for years now has experienced significant devaluation  that is making it less reliable for storing and transferring value,  This have made many of our Nigerian people to explore ,bitcoin  as a store of value and a means of preserving their wealth.

Youth Population and Tech Savvy:
It is certain that we  Nigerias has a large youth population with a high rate and asses to mobile phone and we also have an incredible  interest in technology, Which makes it easier for more adopt in new technologies, including cryptocurrencies (bitcoin).


Peer-to-Peer (P2P) Trading:
P2P have become popular in Nigeria over the years  for cryptocurrency trading, and also for smaller transactions.
 it is certain that the economic climate in our country  Nigeria and also with all the challenges we are going through has definitely  encouraged many nigerians to seek financial alternatives, boosting the appeal of bitcoin and other cryptocurrency .

There is no doubt that with time many more and more Nigerians will start having interest in investing in bitcoin and other cryptocurrency leading to more adoption of bitcoin .  because right now many of our nigeria bitcoin investor are definitely viewing bitcoin as the future of money in our country  .
so I will like to hear your comment on this topic

Priority differs and depending on different Investors, what's the priority of one might not be the priority of another depending on the different individuals financial status.

If you don't have a source of income, there's no possibility that you can even consider investing in the first place. You have to first have a source income, earn up to a given amount already then you can talk about investing which is more like a means of diversification of the income you've already built over time. Trying to invest without a single stream of income is just like going for a Z even when you don't have anything at the foundation level.

Even an average salary earner in Nigeria that has a steam of income that's just enough to meet his needs can't boost of investing in bitcoin because from a realistic point of view, our currency places us at a disadvantage where investing is going to be tough if you're not earning a really strong income.

Many thought that the price of Bitcoin would fall a lot in the Iran-Israel war, but this war did not have much impact on the crypto market. However, after the United States attacked Iran's nuclear facilities, the price of Bitcoin fell quite a bit, but it quickly recovered. Since Bitcoin is unstable, it is normal for Bitcoin prices to go up and down. Now if you are investing in Bitcoin then there is no reason to worry, because the price of Bitcoin will continue to rise with time, now even though the price of Bitcoin falls a bit then it recovers quickly. But you may be worried about altcoins, because recovery is difficult if the price of altcoins falls. So if you are investing in Bitcoin then move forward with faith in Bitcoin.