I was watching a Nigerian saying he earns $200k- $300k monthly and in my local currency that's ₦145m- ₦216m, damn, that's some really huge cash and of course I knew it is, but seeing the numbers is just mind-blowing. If you actually save up ₦100m for 10 months, you'd have a billion naira in the bank and oh, let's just leave out investment and inflation and whatever else would make the money depreciate, let's just walk the line.
In actual sense ₦45m is more than enough for the average Nigerian as all could be provided with that amount on a monthly.
Taking the time to analyse if I'd actually prefer getting paid in fiat or crypto used to be a very easy answer that I'd usually jump into conclusion with and riding through deeper into cryptocurrency has made it possible to equally juxtapose what's truly worth it. The conclusion is plan and simply, there has to be an environment where cash and crypto are of the same value and not one taking a higher position.
The world has been able to identify a stance that favours everyone. We know crypto is freedom and we know that whatever has it advantage would have a gap to fill at the same time. Crypto is all about time and timing means knowing what market season is at the helm of control.
At a point I rooted so deeply for crypto that there's nothing I could be told that changed my mind about the b crypto but today is absolutely different.
How would I prefer to be paid for a job with fiat or crypto?
I would prefer fiat to crypto especially during the bear market, as it stands today, I know if I had a job that I was earning, money would be used to buy more crypto because the price favours everyone that's willing to stake on it.
The best would rather be to earn in both as two is better than one. Inflation affects cash and bear market affects crypto so it's to get legs in both ships.
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