'Cryptocurrencies Like Bitcoin Make Global Commerce Easy' — Founder of Nigerian Crypto Exchange – Interview Bitcoin News

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'I think that another reason why people are resisting the CBDC is that there’s been no widespread sensitization,' said Benjamin Eseoghene. cbdc digitalcurrency roqqu

'Cryptocurrencies Like Bitcoin Make Global Commerce Easy' — Founder of Nigerian Crypto Exchange

the CBN’s digital currency — the e-naira. Despite the central bank’s attempts to present the e-naira as an alternative to cryptocurrencies, local residents seemingly still prefer the latter. According to Benjamin Eseoghene, the founder and CEO of a local crypto exchange, the residents’ reluctance to use the e-naira could be tied to the CBN’s failure to fully sensitize the masses about it.recently received approval to operate in Europe, told Bitcoin.

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Let’s face it: Nigerians are very interested in cryptocurrencies. The country’s cryptocurrency trade has grown astronomically during the last few years. Nigeria is the largest cryptocurrency market in Africa, with the second-highest volume of bitcoin trades globally, after the United States. According to data from QZ Africa, a reported $400 million worth of cryptocurrencies were exchanged in the nation last year.

 

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I’d rather stay with tether tho

Because USDT is much better than CBDC..

people can resist as much as they want, but they are already using the CBDC. They just call it 'USDC' the same authoritarian stuff

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I don't even know what sensitization means, but I sure as hell won't ever prefer another surveilance tool to, say, tether or any other decent stablecoin for that matter

Bitcoin might be convenient for everyone if it were globalized. But it must need complete rules, which is not enough now

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