What is most important is even more important than a state-wide adoption, in some regions around the world, even though Bitcoin is not publicly adopted by the government but the citizens of such countries still engage in Bitcoin and take advantage of its numerous advantages.
In terms of the level of adoption or usage by the countrypeople, Bitcoin is yet one of the most embraced new technologies amongst the young demographics in Nigeria. It users have continued to increase on a daily basis, over time. Especially amongst the most educated people and most enlightened climes.
The only set back or bottleneck (if we may address it as such), is the acceptability of the government to at least recognize the digital currencies and grant it the usage by its citizens. That in itself will shoot up the number of individuals, brokers, miners, investors and many more in the country, which will make the market more noteworthy, as the digital currency will be more credibly embraced and people can now develop that confidence through the PR activities of the government which is coupled with the fact that we live a highly populated country.
The government's adoption could also speedily bring out the implementation of the Bitcoin/Blockchain technology as a legal tender in the country. Banks and other government institutions with large volume of resources will begin to use Bitcoin for their transactions. Which will give Bitcoin that needed attention we're advocating for.
Very interesting stuff op. I applaud your effort to try and help improve BTC adoption to some extent even though I have no clue about the Nigerian government's stance related to BTC and cryptocurrencies in general.
This one post in this forum sheds some positive light on your country which is mostly recognised for negativity(Scammers etc).
Bitcoin, Cryptocurrencies, generally, still recognized or at least perceived as a scam here in my country as, of today, by many people and the government.
Source What will be able to change that narrative requires some serious work on communication and marketing. How I wish there's anything like a foundation where one can apply for grants to carry out such humanitarian efforts. A lot of people are still leaving in the Doomsday.
Nevertheless, let me share a bit of my next intended plan which is to take the idea to the public while we await the response of the government. I am still mapping out on how I can execute such plan but it won't take long before we will set out there.
I see these crusades as necessity and I am pretty sure with many convictions that this will help to uplift people from the bondage of fiat currencies.