Bitcoin as Lifeline Amid Crushing Devaluation, Extreme Poverty, Sectarian Violence in Nigeria

The scrappy citizens of Lagos, Nigeria are traders and can-do survivors almost by nature. Their government, however, has mismanaged the nation’s money to such a degree that it’s prone to wild devaluation swings. And while an argument could be made bitcoin too is volatile, it actually isn’t comparatively. With access to peer-to-peer exchanges such as … Read more