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10 sats \ 5 replies \ @inverselarp 2 Sep 2023 \ parent \ on: Why are there so few bitcoiner e-commerce businesses??? bitcoin
Are you saying that Bitcoin is adopted on day to day basis in Nigeria. That would be awesome.
Of course. The citizens have found a way to incorporate the use of Bitcoin for financial transactions. However, the banks are barred from getting involved. You can't transact Bitcoin with the local banks, which has brought about the establishment private channels which facilitate the use of Bitcoin. So, the average, savvy Nigerian has a crypto wallet.
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Really awesome you guys find your way around and been able to lift citizens. That will pay off. People from the “1st world” will be learning from you experience.
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When you live in a country where survival of the fittest and most corrupt is crippling everything legitimate for those who just want to do the right things and live their lives, you'd surely find a way out of the matrix. Bitcoin ownership and transaction is a beautiful way out.
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Someone was telling me there are fiat-bitcoin markets that are just large WhatsApp groups.
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There are large WhatsApp and telegram group, also we have the more integrated ones, an example is binance. And there are other ones just like binance. It is left for the citizens to find a way.
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