The Nigeria you know, or do you know another?.


Yes, or you have another President?


Sure it is a good news for us. We should be careful with our politicians and not to be scam again. These politicians know how to get through us with their fictional plans for the country: they're all the same guymen. We should be happy that, it has come to saty and we're going to benefit from it.


The President has nothing against Bitcoin even though they're not open to either negative to Bitcoin or not. Certainly, the government has seen how beneficial the technology is to our teeming youths.

Actually, it is 11th year of Bitcoin now and there hasn't been any clear case of it regulations across the globe in regard to it ATM. But what I still remember is that, there are two level to Bitcoin license which are primary and the state level. The secrecy bank act (BSA) and the operators register with FINCEN.


Although, these laws and regulations are to curb the Money Laundering and other financial related crime from taken place. Also, a surety will be needed before allow for full operation. Don't worry, the ATM machine will be extended to the Northern parts, believe me, after Lagos next will be Abuja FCT.

Yes of course, like any other country in Africa.

 
Frankly speaking, you have to research the Google again and ask more about the Giant of Africa(Nigeria) in terms of digital currency. Remember, garbage in, garbage out, that's what Google is, so, ensure to ask rightly and you will get the needed answers to your questions.


Well, speak for yourself comrade, though you can ask my brothers why they love to visit the Black Nation(Nigeria) often. If you are listening to the recent WHO on covid-19 news then you will get more exposure to what extent the Nigeria country has gone so far.


Kindly ask Binance and remitano about Nigeria in terms of Bitcoin and cryptocurrency in general, they will feed you with the needed information. Nigeria is well known to be a country of Bitcoin and cryptocurrencies. We the youths have already taken the opportunities.

ATM is important for African countries, and it is also a way of advertising

If developing economies like Ghana, Botswana, Nigeria , Kenya could see the future of the block chain technology and its evolution that means alot to the cryptocurrency industry.

The adoption of cryptocurrency by these countries will lead to new set of job creations and development of new skill sets.
This will in the long run affect the price and value of bitcoin positively because more people will start using the coin for payment purpose.

That's a good news to the cryptocurrency network.

I dont think that ATM adoption is very important in current situation

Not important if you don't appreciate small things that can contribute to bitcoin adoption. With this BTC ATM that's being installed in Nigeria, this is just the start and initiation of people who will get into it.

It may take time for them to adopt it but the important part is that there's already one. Investors or entrepreneurs that have started this business sees the potential into the area and IIRC, Jack Dorsey eyes the continent of Africa to be a very good place to start for blockchain and crypto related businesses.

ATM is not that important they are everywhere. Look at Aella and Creditcoin offering microlending to the poor in Africa. Invested in by Coinbase and Y combiantor. This is the type of stuff that will change personal finance for africans.

I think it does. Maybe you think it is the general ATM machine you see around but this is a BTC atm so I think it will create more awareness especially in Nigeria where a lot of people are very much into using cryptocurrency. Having BTC atm makes it easy for merchants and offline stores to further boost their interest in accepting crypto as payment option