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jayboi
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2024-10-09 10:51:26

jayboi on Nostr: Nigeria stands out as one of the top countries gaining more from bitcoin despite the ...

Nigeria stands out as one of the top countries gaining more from bitcoin despite the volatility of our national currency (NGN). Our high adoption rate of bitcoin has helped us to benefit from Bitcoin price surges. As Bitcoin's value dips globally, hodlers in Nigeria leverage their NGN to purchase or Hodl Bitcoin, translating to greater gains when the price surges. Despite regulatory challenges and government restrictions on crypto transactions within the traditional banking system, peer-to-peer (P2P) trading platforms remain highly active, allowing Nigerians to continue benefiting from Bitcoin price fluctuations.
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