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Nigerian Languages / Re: Bitcoin as a method of Payment
« on: Today at 05:33:47 AM »Yes there is a possibility of it becoming a recognized method of payment for both the private and government sectors - but not something that we’re going to see very soon because the current government are not that well equipped with the right knowledge and personnel to help educate them about it; so for the current government we probably should take our mind off of it for now but when we finally gets someone who’s technologically grounded and knows the nitty gritty of this situation and how it can help improve the situation of the economy then we can see possibilities of it happening but for now - I think we should be more focused on Egbado.
What is the meaning of Egbado?
It is the government that is not yet ready to make this move of integrating cryptocurrency or Bitcoin to say as a means of payments for salary earners. Basically, because they have no idea on how it works and are not interested yet to make a technological growth or development. I believe that Nigerians who are technologically inclined and knows this cryptocurrency very well and can teach the so-called leaders on how it works, but the leaders who are self-centered are more interested in what will come out on-top for them.
Until we have a regime that will come to serve the nation and the people in it, we may find it difficult to see positive changes in growth and development in our nations all-round.