Bitcoin is the first decentralized digital currency in the world, the concept of bitcoin was introduced in 2008 by an anonymous developer called Satoshi Nakamoto.

Bitcoin price was initially around $0.1 per bitcoin and since then there has been a huge market for trading this currency. Now bitcoin is around $420 and there were situations in which the bitcoin price was actually $1000+ for a bitcoin in 2013. Despite being so volatile with the value fluctuating, the price clearly shows that there is a huge demand for the digital currencies and because of that it’s a very good idea to get into the Bitcoin game in Nigeria/Africa.

Each year that has passed since the inception of bitcoins in 2008, has clearly shown that bitcoin is indeed a massive market with a huge potential. Some people invested early and got rich thanks to increased adoption of bitcoin around the world and that’s why people invest in bitcoin startups. In fact, even governments see the benefits of bitcoin and invest in bitcoin technologies that would help make digital transactions faster, easier and more secure.

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