Bitcoin village being built in Nigeria

Bitcoin village being built in Nigeria

According to a report by KuCoin, 86% of Nigerians with internet access are aware of cryptos (especially bitcoin) as a means of investment. This percentage speaks to Nigeria’s interest in digital assets in general, and bitcoin (BTC) in particular. In this context, some of the entrepreneurs in the country decided to create the Bitcoin Village.

Nigeria, a very strange nation when it comes to crypto

Nigeria, the most populous nation in Africa, is the strangest country when it comes to digital assets. Recently the population has shown a strong interest in cryptocurrencies as they face the recession. Since April, she hasn’t stopped researching “buying crypto” or “investing in crypto.” It should be noted that inflation in Nigeria is currently over 18%. The local currency, the naira, continues to face sharp depreciation.

In this context, entrepreneurs decided to develop the first Bitcoin village in Lagos, the famous city of Nigeria. The idea is that turning Nigeria into a bitcoiner tourist spot of the whole world. That said, Jeremy Garcia and Oluwasegun Kosemani, the founders of Satoshis Journal, are busy building a Bitcoin village.

This place is expected to rejuvenate the Nigerian economy with the crypto flagship. The Bitcoin Village will be powered by solar energy. We can mine bitcoins (BTC) and educate the local community about bitcoin.

Nigerian entrepreneurs Jeremy Garcia and Oluwasegun Kosemani are actively working to create Bitcoin Village. On this, Kosemani said, “We are going to open a Bitcoin village in Lagos, Nigeria. ​​​​​​You would come here, spend your cryptos (Bitcoin), buy fish from local fishermen, buy items from locals directly using the Lightning Network, and that’s all. “.

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