Jack Dorsey freeky for Bitcoin
Together they have managed to put in 500 bitcoins which is worth around $23 million in the endowment.
Just last year Nigeria was reported to have traded over $400 million worth of crypto and they are even the second to US in terms of volume of Bitcoin traded in the last five years.
Bitcoin trading in Nigeria took to the skies last year during the #Endsars protest that hit the nation. Donations were flying in from all over the world to Nigerians to aid the protest.
It was during this period that the government of Nigeria began blocking and suspending accounts used to to facilitate the crowdfunding. But Nigerians turned to cryptocurrency and that was when it exploded in the country.
But just when cryptocurrency was starting to take it heed in the country, the government decided to stick their nose where they’re not supposed to. They banned crypto-trading in country.
Kenya also has been a huge contributor to the cryptocurrency game as the Central Bank of Kenya recently said they’ll be using Bitcoin as a reserve currency. Also note that after Nigeria, Kenya was the second country to trade most crypto in Africa.