I think that it will be very good to promote to the cryptocurrency world within this continent as well because many people in Africa are actually starting to utilise cryptocurrency and it has become almost integrated into financial systems.
Yes, most developed countries in the African contingent have now diverted into Cryptocurrency investment and financial institutions have adopted it so well. If not that my country disabled Naira to crypto recently, we exchanged our Fiat currency with crypto perfectly.
I think that many governments are actually quite conservative when it comes to accepting cryptocurrency and exchanging it with their Fiat currency because of the fact that many people might not actually be taking the necessary precautions with cryptocurrency. I think that in the future your country will probably start to accept cryptocurrency again as more and more countries become more accepting to the idea of crypto.
You spoke admirably well @BrolySSJ. Let's see what the future holds around crypto here in my country. If it will come to stay or the initial ban will be lasting one.
I think that it will come to stay, because based on teh words that were spoken by the central bank and the governor recently it seems that they want to be a part of the digital and cryptocurrency age and as such need to start making provisions from now to do and promote it among their citizens,
bitcoin prices are ruin nowadays and it is good I prefer bitcoin when I compared both bitcoin is good and it is an investment tool so the prize is increases in the future.
Oh, you even saw the news in your own country, that's wonderful. You're very smart when it comes to getting updates around what matters a lot. I didn't even listen to the news, cos i hardly listen to what my country's politicians say. Not all come to fruition they just say, for formality sake and that's all.
I can see your experience through your post, I have been thinking about investing in Bitcoin Cash and that is why I am reading this thread. From your knowledge do you think it is a good idea ?
You're very correct. A lot of conversations are surounding the Bitcoin than you hear concerning the Bitcoin cash. The coin may seem popular, but it is not that transacted on like Bitcoin
Hahaha. I am also tired of all the horrible news everyday but there is always the need to know what is going on, right? The decision of the central bank is just laughable considering there has been no understanding or understudying of how digital currencies work.
Ya the price factor always favors bitcoin but when it comes to transaction fees , bitcoin cash is preferred over bitcoin but still I dont recommend bch investment for long run.
Its laughable indeed, some of those people working in the government and in the CBN department are just stark illiterates. They bundled them as staffs, to make unwise and selfish decisions without thinking. The reason why i don't listen to our own news update regarding uptrend, is how the country is been run by fools, and old folks who aren't ready to better the bad look of the country, they are just sitting on the hot seat doing nothing. Just laughing at those who are trying so hard to find life going.
Thank you for that.
Much appreciated. I stay updated with the cryptocurrency news by regularly checking cryptocurrency sites and even following a few of the pages on twitter as well to keep me updated. Yeah i understand that. There is concerns in politics as many are just empty promises as well.
That's good that you have different sites you get daily crypto updates on all happenings around its ecosystem. When it comes to political chamber, not all they say its true, they are just hitting around the bush with empty comments especially here in my country.Thank you for that.
It is a campaigning tool that many of these politicians make use of in order to try and secure the votes from their citizens especially during election times.
You're right, you really know their secrete, and tricky ways. Immediately they gain that vote from us, you will never see them fulfilling those promises.