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Moreover, the continent's biggest economy nigeria, proves bitcoin is very much in practical use. This indicates that while the speculative mania which burst in early 2018 has ended, many nigerians are still using bitcoin, probably as a store of value due to the unstable economy or for making international payments. The legal status of bitcoins in the u.s. Is bitcoin mining or bitcoin investment in nigeria legal? This applies whether you're from lagos, kano, ibadan, benin city.
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