Cryptocurrencies are making a difference worldwide due to their flexibility to be converted into any currency worldwide. Though cryptocurrencies are brilliant investments, Nigerians face trust issues when investing in them. Stakeholders, including banks, the government and its agencies, businesses, active accountants, etc., are concerned about the emergence of cryptocurrencies and their future. Cryptocurrencies’ development has given Nigerians and the government some reason to reflect. As a result, the Central Bank of Nigeria warned Nigerians, advising them against adopting privately produced cryptocurrencies. However, cryptocurrencies may have some advantages in the Nigerian economy. Nigerians’ experience with the different ponzi scams has led
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Author: coinmaker