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by SideburnsOfDoom 1449 days ago
> 1. Nigeria has 30 MILLION people that use it (crypto)

30 or 34 m users out of 206m isn't the whole market, not close.

> Most of the usage is for cross-border transactions

And why mostly "cross-border transactions" ? Could it be that NIBSS has the domestic market:

https://nairametrics.com/2017/09/26/why-the-m-pesa-miracle-h...

https://nibss-plc.com.ng/

https://www.crunchbase.com/organization/nigeria-inter-bank-s...

So, the huge Nigerian domestic market has a SEPA-like product for domestic transfers. It's not a bitcoin thing.

Do you think that this success (and the success of EU SEPA) won't be noticed in Africa?

https://www.un.org/africarenewal/magazine/november-2021/new-...