How to be future-proof: Bitcoin approaches $100,000, while Nigeria’s currency approaches zero

There is a term we use at Neutronpay: future-proof your business. What does this mean, and what does it have to do with Bitcoin?

Businesses can fail, governments can fail, and currencies can fail too. The Nigerian Naira hit a record low, and this is not an isolated trend. Inflation is getting significantly worse in many countries globally, for a variety of factors that are outside the scope of this article. 

Conversely, a much simpler conversation is to focus on why is Bitcoin continuing to succeed, time and time again, while everything else seems to be falling behind. Because Bitcoin is future-proof. It was designed with foresight and contingencies for the next 100 years, which has allowed it to grow in strength as a monetary network. Again, it’s a topic of 15 years of discussion at this point by various experts like Andreas Antonopoulos, so don’t take our word for it.

If your business is affected by what’s happening in Nigeria, the good news is that Bitcoin can help. It provides a means of global payment and settlement, over the internet, that has helped countless small businesses and individuals remit money, particularly when their local currency fails.

Add to the fact that Bitcoin’s features are improving. The Lightning Network is an additional layer built on Bitcoin that inherits its security features and allows for instant global payments at lower fees. Neutronpay has built its business on believing that Lightning will be the interoperable payment rail of the future because it is built on Bitcoin, and because it is an open protocol, like the internet, that can connect individuals, apps, and businesses together through instant cost-effective payments. It’s still new but is rapidly growing - much like the internet in its infancy.

Finally, a cool feature that is coming to Lightning is the capability to support stablecoins - a means of transferring USD-denominated value over Bitcoin’s payment rails, instantly. 

Neutronpay’s infrastructure gives you an out-of-the-box solution to get all these future-proof features with a ready-made payment product for clients and users. Users can receive Bitcoin and convert it to local currency, or buy and send Bitcoin from their local currency.

Join Us in Shaping the Future of Payments

Reach out to Neutronpay to future-proof your business through one integration with Bitcoin, USD stablecoins & Lightning Network for instant and cost-effective global payments:

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