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5 sats \ 4 replies \ @Zepasta 5 Feb 2023 \ on: Nigeria: Look Into The Coming Crisis bitcoin
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24 sats \ 2 replies \ @Lost_dogz 6 Feb 2023
There is no premium.
If you convert using the black market Dollar/Naira rate the price is very close to the rest of the world.
If you convert using the official Dollar/Naira rate there seems to be a premium. Nobody except the people in charge have access to these rates. They use it to buy cheap dollars, not expensive Bitcoin
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0 sats \ 1 reply \ @siggy47 6 Feb 2023
Are you Nigerian or living in Nigeria? If so I would be very interested in hearing your first hand opinion of the current crisis and your general impression of bitcoin, as opposed to "crypto" or stablecoin, adoption in Nigeria.
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0 sats \ 0 replies \ @Lost_dogz 6 Feb 2023
Sry, I'm in Europe
Plenty of folks to find on Bitcoin Twitter who may be able to don't some more light on this
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2 sats \ 0 replies \ @elzonte 6 Feb 2023
They don't have big exchanges. That premium is due to p2p market conditions
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