Bitcoin Is a More Equitable Economy, See Who Agrees

Study finds that Nigeria is the most enthusiastic about the future of Bitcoin (BTC).
Nigerians see Bitcoin as a much more equitable option in our present economy.
The nation is closely followed by India, Vietnam, Argentina, and South Africa.

Nigeria takes the lead for having the most enthusiastic citizens for the potential of Bitcoin (BTC). According to a research study, Nigerians have come out on top as the most optimistic citizens for the future of Bitcoin (BTC).

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As we can see in the tweet above. The study shows that out of the entire world, Nigerian citizens are eager to see the future of Bitcoin (BTC) unfold. Nigeria is followed closely by India, Vietnam, Argentina, and South Africa.

In detail, Nigerians see Bitcoin (BTC) as a far more equitable solution for the present state of our economy. In fact, they also believe Bitcoin facilitates cheaper payments, protection from inflation, and so much more.

By taking a closer look at the report, many are expecting the adoption of Bitcoin to increase once more of the world’s population are educated on the topic. The study also shows that Bitcoin is more popular globally in comparison to other existing cryptos.

It is no surprise that Nigeria has such strong faith in cryptocurrency, especially Bitcoin (BTC). After all, Nigeria launched the e-Naira and limited cash withdrawals to boost CBDC adoption. Truly, the nation has a lot of faith in crypto and blockchain technology. More so, Nigeria received about $20.9 billion worth of BTC remittances in 2022 alone.

In support, Bitcoin (BTC) has had a great 12-day run. The asset is showing high bullish signs as its price has been steadily hiking during this time. The rally has been so strong that it brought Bitcoin’s market cap to surpass the $410 billion mark. Presently, the price of Bitcoin has reached $21,096, according to CoinGecko.

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Lauren Cole

A focused and vigilant storyteller for all things blockchain and cryptocurrency. Besides consuming every piece of literature about the metaverse, she can often be found at industry convections looking for the latest scoop.