Trey

bitcoin


Nigeria is a country with a young and growing population, a large informal economy, and a history of corruption. These factors have made it difficult for the country to achieve sustainable development. However, blockchain technology and cryptocurrency could offer new solutions to these challenges.

Blockchain is a distributed ledger technology that can be used to record transactions in a secure and transparent manner. This makes it ideal for use in areas such as finance, supply chain management, and government services. In Nigeria, blockchain could be used to:

1. Improve financial inclusion: Blockchain-based financial services could provide access to financial services to millions of Nigerians who are currently excluded from the formal financial system.
2. Facilitate trade: Blockchain could be used to track the movement of goods and services across borders, making it easier and more efficient to trade.
3. Reduce corruption: Blockchain's transparency could help to reduce corruption in government and businesses.

Cryptocurrency, a digital or virtual currency that uses cryptography for security, is a type of digital asset that uses blockchain technology to record transactions. Bitcoin is the most well-known cryptocurrency, but there are many others. Cryptocurrency could be used in Nigeria to:
1. Provide a hedge against inflation: The value of cryptocurrency is not tied to any government or central bank, making it a potential hedge against inflation.
Send and receive money internationally: Cryptocurrency can be sent and received anywhere in the world, without the need for a third party. This could make it easier and cheaper to send money to family and friends in Nigeria.
2. Invest in the future: Cryptocurrency is a new and volatile asset class, but it also has the potential to offer high returns. Nigerians who are looking to invest for the future could consider investing in cryptocurrency.

The use of blockchain technology and cryptocurrency in Nigeria is still in its early stages, but it has the potential to revolutionize the way the country does business. With careful planning and regulation, blockchain and cryptocurrency could help Nigeria to achieve sustainable development and transparency.

In addition to the benefits mentioned above, blockchain technology and cryptocurrency could also help to improve the following areas in Nigeria:
1. Education: Blockchain could be used to create a more efficient and transparent education system. For example, it could be used to track student records, manage payments, and provide access to educational resources.
2. Healthcare: Blockchain could be used to improve the delivery of healthcare services in Nigeria. For example, it could be used to track patient records, manage medications, and provide access to medical experts.
3. Agriculture: Blockchain could be used to improve the efficiency of the agricultural sector in Nigeria. For example, it could be used to track the movement of food products, manage payments to farmers, and provide access to agricultural loans.

The potential benefits of blockchain technology and cryptocurrency for Nigeria are vast. With careful planning and regulation, these technologies could help the country to achieve sustainable development and transparency.

Blockchain  Technology: Development and Transparency in Nigeria.

Daily discussion thread

saloon

Dear @k00b, just want to say the world 🌎 is. Better place with @sn ... Just want to say thanks

What are you up to @k00b, cause it's high time someone checks on you, you've done so much for the community... 👍 Man

Some friends making my weekend worth while out here.... When can we start getting drinks with SATs... 😁

It's weekend, sitting here and a sea of thoughts flowing through... The one that stands out the most is how the guy who bought pizza with 10k Bitcoin feels right now!!! 

PS: let's stack up for Bitcoin Pizza 🍕 day coming up within the month!

Bitcoin Vs Shitcoins

This thread is meant to run for the week, as a learner I'll like to know more about the edge of Bitcoin over others...

Note: I've made my research, but want to also learn from the community (#
StackMeUpwhileYouatit)

Thanks... I appreciate the kind words... 

Today marks my 8th Month since I quit my 9-6 reflecting over the decision, has it been worth it? Yes! Would I take up another offer if I get the chance? A big Yes!! However, I'll like it to be something I enjoy as well!

Just wondering what are the chances tomorrow might actually get better? Life is tough, so much so our hope gets to run out most times... 😥

Haven't been online today, had alot to follow up on since its weekend... N since banking ain't going to be open till Monday... I can't even figure out where to start... Let's hodl SATs all the way...

Just trying to stay happy despite the repeated ups and downs of life 🧬... Guess it's true what they say, money makes the world 🌍 goes round!

1 SATS to USD - Exchange - How much US Dollar is 1 Satoshi ?  Walletinvestor.com

Believe

13 BTC mistake: F2Pool accidentally mines 2 invalid blocks with too many sigops

shibe

Looking at chat patterns and wondering what the price of BTC would have actually been if only they were no Alt coins...🤔

The weekend has been great so far, just anticipating the direction of the market... 

Guess @k00b and @sn didn't miss me, I've been off for a month plus, and no prompt... 🤦🏿‍♂️

Standard Sats Year in Review

standard_sats

I just downloaded the app now and it's not loading, I am using a Redmi Note 11 pro and the App seems to just blink and go off... 