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The Federal Republic of Nigeria a young nation having been declared a republic in 1963 is located in West Africa. Nigeria has a recently felt the pressure of the economic times in many ways similar to that of Venezuela. Nigeria had at its disposal, oil. However, due to the nation's failure to reinvest in its refineries and peripheral assets the Naira (NGN), Nigerian fiat currency, has succumb to that of many nation-states. With a population of 182.2 million (2015 estimate) Nigeria has a very large number of young people that have resorted to finding another medium of exchange. Stage right enters Bitcoin. Many young Nigerians have began searching out how to acquire Bitcoin and how to make a "living" with the cryptocurrency. considering that English is the recognized language the average Nigerian will not have much difficulty reading available channels to Bitcoin. I would project that should the general public in Nigeria begin the use and acceptance of Bitcoin then $1,000+ prices will be a norm.
Peace

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