Our guest this week is Ahyke Otutubuike, a technical writer and Bitcoin user based in Nigeria. Nigeria has been in the news this month as its central bank issued a directive, prohibiting regulated financial institutions from dealing with cryptocurrency exchanges and companies that touch crypto, essentially unbanking them. Ahyke had a piece in Bitcoin Magazine this past week explaining the situation and adding context for the Bitcoin’s place in Nigeria’s economy overall, and we get additional analysis from him here. We discuss the momentum for Bitcoin in Nigeria and its main use cases, national economic factors behind the central bank’s move and what he sees as the main driver of the move, and what comes next.
Ahyke’s Bitcoin Magazine article
Follow Ahyke on Twitter @AhykeCop