Ahead of its January 14, relaunch, popular MMM Nigeria has said it is introducing Bitcoin, the 2016 world’s best performing currency, as its means of payment.

The surging digital currency tipped to become a new safe haven asset as the world grapples with growing economic uncertainty, neared its all-time high on Thursday, January 5.

Although hopes among the participants of the ponzi scheme are still high in Nigeria, many have continued to turn to Bitcoin which had been there but had little patronage like it was with the ponzi scheme.

Before MMM froze the accounts of its members, participants were allowed to provide help in bitcoin, but they were paid back in Naira.

However, the new plan allows participants to receive payment in bitcoin, and watch their monies grow in bitcoin.

MMM in a statement on its Facebook page to participants on Sunday, January 8, said: “Due to the recent sharp price fluctuations of Bitcoin, MAVRO-BTC is being introduced in the system”.

So far, we have only had Mavro-Naira in the System. Even though you provided help via Bitcoin, your Bitcoins, anyway, were recalculated into the Nigerian Naira at the exchange rate at the moment of providing help, and you were credited with Mavro-Naira in your PO,” the statement read.

“It was the naira amount that grew. In other words you received 30% a month specifically in the naira (not in Bitcoins, although you originally provided help using Bitcoins).

“Now, you have a chance to have 30% growth of the Bitcoin amount, not the naira amount. So, acquire MAVRO-BTC which will be credited in your PO and will grow at a 30% monthly growth rate. In a month not only 30% will be added to your initial amount, but it can increase itself due to Bitcoin price growth.

“And what if Bitcoin price is going to fall? In case Bitcoin price might go down, you will be able to return to naira at any time — instantly convert your MAVRO-BTC into Mavro-Naira (and vice versa, if Bitcoin price might increase again). This option is available in PO. You can convert both confirmed and unconfirmed Mavro.

We hope that with implementing MAVRO-BTC, your participation in MMM will become more comfortable!”

source https://www.naij.com/1081429-ahead-january-14-relaunch-mmm-introduces-bitcoin-payment.html?source=notification

It's looking like south africa
MMM will come back but people wont be able to get their money back
That is the law!
This is the same thing they did in zimbabwe and south africa
January 14th resumption date is just a way of slowing down the tension.You will never get your money back !

bettercreature:
It's looking like south africa
MMM will come back but people wont be able to get their money back
That is the law!
This is the same thing they did in zimbabwe and south africa
January 14th resumption date is just a way of slowing down the tension.You will never get your money back !

Leave them.


At times, the dog that will get lost will never hear the hunter's whistle.

bettercreature:
It's looking like south africa
MMM will come back but people wont be able to get their money back
That is the law!
This is the same thing they did in zimbabwe and south africa
January 14th resumption date is just a way of slowing down the tension.You will never get your money back !

And when it does come back what would u do?

Pls get a life. Or send ur account number ahead of 14th

AntiWailer:



Leave them.


At times, the dog that will get lost will never hear the hunter's whistle.

Bad belle Association..
e concern u?
Maybe person you hate for your neighbourhood buy car with MMM money, u come dey envy.

Even if dem no come back 14th..e concern u?

Bad belle people too much for naija.

AntiWailer:



Leave them.


At times, the dog that will get lost will never hear the hunter's whistle.

wen it does.Use d lagoon

those that are not participating in the scheme will still come here with their bad belle mouth to comment.
leave MMM participants alone!
it ain't your money!

Why bitcoin??

They should've leave it in the normal way it used to be na

Chai does it mean we cant PH in Naira again

AntiWailer:



Leave them.


At times, the dog that will get lost will never hear the hunter's whistle.

Kaiiiiiiii, People are wicked, especially Nigerians. Did anyone used your money to invest So who is the dog, I guess the MMM participant, and who is the Hunter?? You Hahahaha Weldone Mazi Eke the Hunter...... Mtcheewww

bettercreature:
It's looking like south africa
MMM will come back but people wont be able to get their money back
That is the law!
This is the same thing they did in zimbabwe and south africa
January 14th resumption date is just a way of slowing down the tension.You will never get your money back !

So you were an MMM Participant both in SA and Zimbabwe

If they like make they start to pay in COWRIES

Why are the MMM non participants crying more than the bereaved? Their money is already in d system and dey are still hopeful jus as the system has given a date so except U are d system, a participant or somehow lost money to the system before, mind ur Damn bizness!!