nostr and nvote feels like the future of the internet is coming

Nigerian government blanket banned bitcoin last year and introduced e-naira CBDC. Nigerians rejected CBDC, less than 1% adoption rate while peer-to-peer bitcoin usage soared by 800% and a bitcoin circular economy is now being built in Lagos. The government was then forced to “legalize” bitcoin which probably means they want to get people away from P2P to on/off ramps they can control. Eliminating cash is just another measure to both force e-naira adoption and control on/off ramps to bitcoin.

_{This is an automated repost from reddit. View the original post.}

Nigerias population is growing fast and is expected to be the fourth most populous country by 2050 with nearly 400 million people. BTC adoption there is a great thing.

_{This is an automated repost from reddit. View the original post.}