Building Bitcoin Village In Nigeria – Bitcoin Magazine


Nigeria is a unique country in West Africa, geographically situated between the Sahel to the north and the Gulf of Guinea to the south in the Atlantic Ocean. Inflation is currently over 18%, and money debasement is sometimes a daily occurrence. If you’ve never had a backpack full of useless naira, you wouldn’t understand.

In places like Accra, Ghana, the cost of living is among the highest in any African country. But Bitcoin can remove the trust factor of money from the hands of nefarious governments and broken monetary policy, which drive inflation and high costs of living across Africa.

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