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How Bitcoin Is Succeeding In Nigeria - Bitcoin Magazine: Bitcoin News, Articles, Charts, and Guides

Mar 4, 2021 Bitcoin has offered many Nigerians a solution to fundamental economic challenges. The ban from the country’s central bank won’t change that. Back in 2017, the idea of Bitcoin in Nigeria was an interesting one that generally got the attention of two main categories of people: the early adopters with an interest in emerging technologies and the “hustlers” that are always on the lookout for new ways to make money. The latter category consisted of the same people that turned to the Mavrodi Mundial Movement (MMM), one of the world’s largest Ponzi scheme, when it became popular in 2016.

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