You made a really good point. Cryptocurrency checks all the boxes when it comes to it's use as medium of exchange and it is more mobile than fiat. I think there are two things that make it more mobile.

1. It is a digital currency, it can be sent over long distances in very short time.
2. It is globally accepted. Bitcoin for instance can be used in the US as well as in the UK, Australia, Canada, Nigeria, Japan without any conversion.

This is my opinion though.

A regulatory framework is crucial so that the government can manage the benefits and challenges of crypto. It will also provide some measure of security.

#onepercent #nigeria