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Comment By: Ayo Davies

Posted by obayomi olubowale on August 31, 2016

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"i like the efficiency"
https://instantexchangers.net

-Ayo Davies

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Bitcoin For Nigerians

I have been trying to dig out a good & funny intro line to start this article but none seem to be coming at this time. So I'm just gonna straight to the point.

What is Bitcoin?
Bitcoin is a digital or virtual type of money. Digital in the sense that, it is not printed like your Naira or Dollar. Virtual in the sense that, it is not physically felt or produced like other commodities that can serve as a medium of exchange, store of value and unit of account. I believe we understand that 'money' is not limited to our fiat currencies alone. Money can be anything. Anything that can perform the main functions of money can be used as 'money'. As you can exchange your 1000Naira for a plate of eba and egusi soup. You can also exchange your iPhone7 for that same plate of food if you want to. Am certain Mama Kabiratu won't mind. It is satisfying the same desire.

Now, defining bitcoin technically, Bitcoin is a kind of money or peer-to-peer payme…

Jostpay's Bitcoin Education

What is Bitcoin? Bitcoin is a kind of money or peer-to-peer payment system that is digitally created and handled through encryption techniques with transactions taking place without any intermediary. Transactions are confirmed though, by network nodes, documented in a public ledger which is called the Blockchain.
Bitcoin is also a digital or virtual type of money. Digital in the sense that, it is not printed like your Naira or Dollar. Virtual in the sense that, it is not physically felt or produced like other commodities that can serve as a medium of exchange, store of value and unit of account.
What Makes Bitcoin, Money? The same things that make your money, money; are the exact same things that make bitcoin, money. We must understand that 'money' is not limited to our fiat currencies alone. Money can be anything. Anything that can perform the main functions of money can be used as 'money'. Bitcoin can used as a ‘Medium of Exchange’, as a ‘Store of value’ and as a ‘Unit of …

E-commerce Website Operators In Nigeria: How To Get More..

You want more money, don’t you? We all want more money. That’s because we know that more money means more everything good. It could be more publicity. You could run more paid ads on social media sites; start a Google ad word campaign; you could have your banner spread across Linda Ikeji’s blog background.

More money for you could be more space. You don’t have to kick your couch every time you are stepping into the bedroom. You could finally get that big house you’ve always eyed. That big house with a big balcony as big as your current living room. You’ve imagined yourself lounging there, sipping your kunu, watching the stars communicate with you.

Or it could be more toys! You could say goodbye to your current old car. That’s goodbye to driving with fear every day. That’s you driving around with confidence, with your air condition on max.
Boss, you need more money. I’ll tell you how you can get more out of your platform.

You must have heard about Bitcoin. Bitcoin is a digital or virt…

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Comment By: Ayo Davies

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