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How Nigeria’s Soaring Inflation Demonstrates a Real-World Use-Case for Bitcoin As life finds a way, so does cryptocurrency as the only form of sovereign money detached from the foibles of rulers. Last updated on May 10, 2021 Neither the author, Tim Fries, nor this website, The Tokenist, provide financial advice. Please consult our website policy prior to making financial decisions. When Satoshi Nakamoto developed Bitcoin, Nigeria might have been furthest from his concerns. Yet, Nigeria holds all the ingredients to become the first large nation to unofficially supplant the failing official currency with his monetary invention. If the First World Struggles to Recover, How Will Developing Nations Fare?

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