Like I tell people, too much of everything thing is bad, things should be in moderate form.. Hyping has really make things worse in so many ways even down to crypto.
Nigeria is a blessed country with natural resources despites the ups and down issues we are having right now, like insecurities and economy down time, which most countries also experience too.
We are industrious people when it's has to do with Tech, Stcoks/market, faming etc. Some times we faces restrictions of International payment as Freelancer, content creator and Tech at large.
We strive to get the to the top in our daily lives, irrespective of the job you do.
Nigeria is blessed, but so many things has to be put in order for better Nigeria.
Some times we faces restrictions of International payment as Freelancer
If there ever were a scenario to which "Bitcoin fixes this" is applicable, it's this. I understood that in Nigeria, voluntary p2p transactions are still somewhat grey zone, but not illegal, and only about Naira use (?) 1
This problem is not exclusive to Nigeria. Any country that is connected through intermediary banks is likely to have issues. For example, I've spoken with people that were trying to solve this for Ethiopia and Trinidad too, this year (so far I didn't hear they were successful.)
Maybe something can be developed for this. AI won't help solving this issue though.
Footnotes
"While ISA 2025 governs licensed platforms, the CBN may still restrict Naira use in P2P deals via banks. Watch for further CBN circulars." - source↩
Yes talking about P2P it's still works here in Nigeria and secondly so many people can easily trade themselves without literally relying on third party, which is 100% legal, I personally thank God for the fast technology growth in the country.
They future belongs to people who chooses to embrace every good technology. However, AI can promote dependency and submission, which I consider the dark side of this technology
Footnotes