Nigerians need Bitcoin Cash
You all will wonder what i mean when i say Nigeria needs Bitcoin Cash, yes i meant it when i said that, in fact we need it more, with everyday increasing population of Nigerian, as we know it Nigeria has the highest population in the whole of Africa, and top 10 in the whole wide world
With the way government is handling the financial sector of the company, going backward everyday, with so much spending and borrowing, its so clear we might go bankrupt or sell off part of the country to service the loans if we are unable to pay off the debt. The banking sector too has been acting funny, primarily it was supposed to be an independent body and not tp be controlled like a toddler by the government, but lately it has been tossed around by the government, siphoning the public funds through the Apex bank.
The Commerce sector too needs a rebound, it has been a shadow of itself which everyone has become their own boss by inflating the price of products as they deem fit, and the E-commerce sector too needs a viable financial rebound where we can make payment for goods and services easily without minding the hassle. Recently the Nigerian Government has just set the E-commerce international payment to $50 maximum and this has not been good to the industry because many would want to purchase goods worth so much more, so being controlled by the financial institutions has incapacitate buying and selling.
Why Nigeria Would need Bitcoin Cash the more;
Reliable Transactions; This i mean in terms of sending and receiving payment for goods and services sold and bought, the commercial banks we have all over the country are not prove to be worthy to be called financial institutions, they control how you spend and how much money one received, so many times are not reliable, network hangs and so many more deductions, Bitcoin Cash would really solve a lot in terms of that, and the country as a whole needs it, well we keep moving it into the system.
Faster Transactions; Seriously we really need this in this part of the world, a lot more people complain about slow transactions when sending and receiving money to and fro, sometimes the network always seems so frustrating so many times, if Bitcoin Cash can be included into our banking sector, things should be a lot better than it is now, but in the coming years we see what the banking sector in terms of this would become.
Decentralized finance; We really need this too, the way money comes in and goes its just something else, you keep your money in the bank and the next thing you see is incessant deductions from your account in form of charges fees and bank maintenance fees, this is becoming so ridiculous. Involving Bitcoin Cash into the system, we will have a decentralized kind of structure in our finance where we will have the keys and control our our finance and not decided by an individual or government.
Transparency; This we need it even in the whole of Africa, our Government even our financial sectors are not transparent enough to the people and their customers keeping money with them. If these people are not transparent and tell the masses how their money is being spent or deducted, then they do not deserve us or our hard earned money, this is so common keeping relevant information from the public maybe so they could use their money for something else or other business, thats cruel. Bitcoin Cash would really solve this, because it gives a transparent in every transaction, imaging being able to track every of your money spend and received on the blockchain, with this we also have a control over our funds.
Bitcoin cash is open to anyone; putting Bitcoin Cash to run over he affairs of our financial sector will be the greatest choice because there wont be a shady business or deals in this, there wont be a CEO and we wont need to ask for permission before we can use it and thats what the world at large.
Secure Transactions; With Bitcoin cash blockchain being used in all of our financial sectors, we will have more secure transactions because everything is secured on the blockchain coupled with the decentralization features which is the height of it all, there wont be a case of my money is hacked or hijacked by someone else, we should have a more secure transactions with Bitcoin Cash.
Peer to Peer kind of transactions; This in terms if inculcating Bitcoin Cash into our system will help sending money and receiving money from person to person in a better and secured way, in a way that we don't have to go the financial instructions before we can make transaction, we can easily transact business from person to person easily and effortlessly, this would surely help internally and international business.
Low Fees; when we have Bitcoin Cash, we don't have to worry about the fees being charged when sending and receiving money, Bitcoin cash surely enables like i said earlier fast and reliable transaction regardless of the states and locations one could be, Bitcoin Cash could surely be the best compared to Visa, verve and Mastercards alike in terms of using for payment, the fees is way lower compared to the aforementioned, Bitcoin Cash would really help and boost our payment method.
