The global community is reaping the benefits of Bitcoin transactions without KYC requirements, thanks to decentralized exchanges such as @peachbitcoin, @bisq, @vexl, @RoboSatsOrdersBot, and @hodlhodl. However, Nigeria seems to be left out. Why is this the case? We need a peer-to-peer exchange capable of engaging at least 50% of traders in Nigeria in decentralized trading. @bisq has the potential to launch and sustain an NGN market. What initiatives are others taking to address this?

#decentralized #p2p #nokyc #stacksats #bitcoin #btc

Bitcoin was created by the mysterious Satoshi Nakamoto as a symbol of financial freedom. It offers a decentralized alternative to traditional currencies, which are often controlled and manipulated by governments to serve their own interests. Why will these oppressors, who thrive on the control of fiat, stand against our desire for liberation through Bitcoin in Nigeria?

Just, WHY?

#bitcoin #btc #stacksats #nostr #p2p

nostr:npub15369wu3wzzar5fclhecyqfv683x69n6nhlg7rxqnsg2dydgxflpq3apswl , a peer-to-peer (P2P) Bitcoin exchange platform, has seen a growing interest globally, but not yet in Nigeria. However, the percentage of users in Nigeria is not publicly available. nostr:npub15369wu3wzzar5fclhecyqfv683x69n6nhlg7rxqnsg2dydgxflpq3apswl can Leverage popular platforms such as Twitter, Facebook, and Instagram, which have a significant Nigerian user base. Additionally, influencer marketing can be instrumental in expanding reach to a broader audience. We have many traders in Nigeria but most don’t really know what it means to buy and sell their Bitcoin non-kyc’d they’re mostly focused on trading using centralized exchanges.

#decentralized #peachbitcoin #bitcoin #btc #nigeria

Many Nigerians avoid P2P crypto trading services due to a particular key concern which is:

- P2P trading platforms in Nigeria often face issues related to fraud, scams, and lack of trust among users. Incidents of fraudulent activities can significantly deter users from engaging with these platforms.

My suggested solution:

- To mitigate this issue, Enhancing security measures is critical. P2P platforms should implement robust identity verification processes, fraud detection algorithms, and secure payment systems. Educating users about safe practices and providing insurance or guarantees for transactions can also build trust. Collaboration with law enforcement to address and prosecute fraudulent activities effectively is essential.

#bitcoin #p2p #nostr #nigeria #btc