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Comment By: Bolaji Afolabi

Posted by jostpay on August 24, 2016

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-Bolaji Afolabi

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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

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Sell Your Cryptocurrency to any Bank in Nigeria, UK, European Countries, USA and Canada

You can sell your cryptocurrency such as Bitcoin, Litecoin, Bitcoin cash, Ethereum, Dogecoin, Zcash, Dash and receive payment into any Bank of your choice in Nigeria, UK, European Countries, USA and Canada. Jostpay can now make payment in Naira, British Pounds, Euro, USD and CAD into any preferred Bank. Sign up today and start selling right away.

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Comment By: Bolaji Afolabi

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