ihate1999 on Nostr: As Bitcoin's price continues to rise, events in Nigeria haven't been as smooth ...
As Bitcoin's price continues to rise, events in Nigeria haven't been as smooth sailing. In my latest piece for Forbes Crypto, I cover the rabbit hole of developments from late February to date here.
"While many things are in flux, it is safe to say that Bitcoin is not going anywhere. Bitcoin and stablecoin speculation may continue to impact the Naira's FX future, but it is an overstatement to single them out as the sole factor in the Naira's FX crisis."
https://www.forbes.com/sites/digital-assets/2024/04/08/as-bitcoin-surges-nigerians-are-facing-harsh-fx-related-interventions/?sh=3478a962547c
"While many things are in flux, it is safe to say that Bitcoin is not going anywhere. Bitcoin and stablecoin speculation may continue to impact the Naira's FX future, but it is an overstatement to single them out as the sole factor in the Naira's FX crisis."
https://www.forbes.com/sites/digital-assets/2024/04/08/as-bitcoin-surges-nigerians-are-facing-harsh-fx-related-interventions/?sh=3478a962547c