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Nairaland Forum / Nairaland / General / Investment / Should The Naira Get Devalued By Bitcoin (224 Views)
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Should The Naira Get Devalued By Bitcoin by Write4me(m): 7:20am On Dec 10, 2020 |
Theres no gain saying Bitcoin could become the next global reserve currency. Over the years, many country currencies such as Portugal, Spain, England, and now United States have had thier currency as the world reserve and progressed on that. From Venezuela to Iran among many other countries undergoing one economic sanction or the other, Bitcoin has provided a way around the harsh economic realities of political sanction as Central government have been buying and using Bitcoin to make unhindered transactions. With the failing dollar and its impact on Naira, do you think it's time we dump the dollar and get our currency backed by Bitcoin? Your take... 1 Like
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