By PATRICK ABANG, Càlabar –
A Financial expert, James Etudor, says the use of bitcoin as a hedge unlike traditional currencies has a capped supply making resistance to inflationary pressure.
Mr. Etudor, who is the Manager of Ipaybtc, stated this in an exclusive interview with NATIONAL ACCORD in Calabar.
He said: “this features can help Nigerians preserves the value of their wealth over inflation, providing a potential shield against the eroding effects of inflation on traditional currencies”
According to him, ipaybtc also enables Nigerians to experience fast and cost effective Bitcoin transaction.
He further disclosed that the lightening Network is designed to facilitate significantly lower fees compared to chain.
“This speed and cost efficiency enhanced the practicability of using bitcoin for everyday transaction, making it convenient option for sending and receiving money locally and abroad”
He stated that the vision of the app is to extend beyond mere transaction , its ams to foster a thriving Bitcoin community in Nigeria, empowering users, through comprehensive education resources and active community engagement.
Etudor advised young and enterprising Nigerians to login into the app for their benefits.
