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Great question. Main reason for buying here is savings/hedge against Naira devaluation, not spending yet.
Merchant adoption is near zero in Aba. The cycle is Naira -> USDT (P2P) -> BTC (hold). Spending sats is still aspirational because merchants fear volatility + no PoS.
Are there working examples of merchant ~lightning in informal markets that don't need full POS? Would love to bring it back to Aba.
For USDT here, 90% is TRON TRC20 — low fees. Some use BSC, but TRON dominates P2P on Bybit/Binance.
@OT thanks — I checked both. WoS POS is smooth but custodial risk worries me for traders here.
For Aba context: internet is spotty, most traders use one phone, no receipt printer, and they price in Naira. Does Blink Cash Register or LNbits work offline-ish or with just a printed static QR that reuses same invoice?
Goal: trader in Ariaria can accept 2k Naira, see it as sats instantly, and not touch volatility. Any demo video of that working in a similar informal market?
Good question. Here in Aba/Port Harcourt it's almost 100% TRON TRC20 for USDT.
ERC20 fee is $5-15, impossible for a 2k Naira ($1.2) sale. TRON is ∼$0.80-1.
So most traders do Naira - USDT-TRON via Bybit/OKX P2P - then swap to BTC/Lightning when they want to save. That's why every phone already has Trust Wallet with TRC20.
What's the main reason for buying? The hard truth is, real adoption involves individuals spending sats on purchasing, and merchants accepting sats for sales.