The adoption of Bitcoin by the Nigeria government
Recently there is an open letter written to Nigeria government about the adoption of Bitcoin ,to pursue a Bitcoin standard ,that a delay in pursuing a national plan for Bitcoin adoption will risk a scenario that Nigeria will be left behind
I read this on my Twitter page and also Jack the CEO of Twitter also quote it that the people of Nigeria will lead Bitcoin
Nigeria is nation with more than 200million population in which up to 46% are youth ,which at least half of the youth are into crypto currency even when the Nigeria government decide to ban the deposit and withdraw of crypto currency to the Nigeria bank which make us using ptp system thanks to binance
On the 5th of February 2021 the Nigeria government ban crypto currency releasing a letter to the every bank and financial institution that dealing with crypto currency and trading of crypto currency is prohibited which affect everybody include me
Africa and Latin America lead the way of those who transact with Bitcoin in 2020, although the statistic did not show every country in Africa ,the volume of those who use Bitcoin In Nigeria is higher than any other country in Africa which make Nigeria the leading role who use Bitcoin
I hope Nigeria government rethink their decision and adopt crypto currency ,if you think this tread is any use ,you can leave comment
Thanks
Bitcoin is taking over the world, haha!
The nigerian government needs to understand the benefits of cryptocurrencies and embrace it
I hope it won't too late
Better late than never,but i hope so too @ajanaku
I hope they do so