BITCOIN GROWTH IN NIGERIA!!!!!!!

in #bitcoin7 years ago

Bitcoin trading with the Nigerian naira hit record highs at 971,829,166 worth of Nigerian naira exchanged, which is the equivalent of about $3 million USD. There is not one specific reason why the Nigerian bitcoin trade has grown so rapidly, but there are clues. The Nigerian people do not necessarily have faith in fiat currency anymore. They also desire more economic freedom.
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In Nigeria, local traders and activists believe this new money presents an opportunity to democratize the economy. This is propelled by the fact that people in Nigeria have been failed by conventional money.Screenshot_20170725-124506.png

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Great post here! Bitcoin trading is growing at an incredible pace. Nigeria should not be left behind that's for sure!, though it would be nice if you quote the actual source

Its not to be unexpected, cryptos in general has had a great leap this past few months, people are bound to notice, not to mention the fact that nigerians populate many crypto enlightened countries. These ideas would easily be carried bck home. Steemitnon its own is also enlightening more nigerians to cryptos as can be seen from the recent stats.

Yes indeed steemit has brought about a sort of revolution to the average Nigerian, bitcoin use rise is no surprise at all.

It will grow even more for the next half year

Nice observation!

True, nigeria currency need and overhue change...we need to legalise bitcoin as means of exchange like other countries in the world...

Bitcoin isnt illegal in nigeria, it isnt also an official currency in many places, including the US, its just an acceptable currency, we have shopnow.ng using bitcoin and some other places in Nigeria, nairaex, luno etc etc.

Awesome... Real facts...

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Yes brother about time crypto will rule the world😎

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