Omihanifa:
The central bank is just plainly stupid for taking this funny decision

They banned it simply because they don't know how the system works.

The CBN should better wake up and embrace technology. the world is moving away from Fiat money

Ordinary dollar they can't provide sufficiently for businesses in the country now people are moving towards digital money they are getting angry.

Thesame government that can't provide jobs for the masses wants to kill the little that is putting food on the tables of Nigerians

HopeVictor:
I was reading it oh..until I remembered I'm a Nigerian..while will I read such long thing that wouldn't give me money..only the stress in Nigeria is enough no need to read long write ups.. somebody should please summarize it..

id911:
This is what you get when archaic and museum object like Mohammed Buhari, a stark economic illiterate is placed in position of power. The government of Buhari and Osinbajo has inflicted so much pain on Nigerians, pain never experienced before except during the civil war and mid eighties which, incidentally was during Buhari's draconian regime. When will Nigeria stop appointing a banker as CBN Governor?

To those who voted Buhari and Osinbajo because of tribe and religion, are you enjoying their evil and wicked policies?

id911:
This is what you get when archaic and museum object like Mohammed Buhari, a stark economic illiterate is placed in position of power. The government of Buhari and Osinbajo has inflicted so much pain on Nigerians, pain never experienced before except during the civil war and mid eighties which, incidentally was during Buhari's draconian regime. When will Nigeria stop appointing a banker as CBN Governor?

To those who voted Buhari and Osinbajo because of tribe and religion, are you enjoying their evil and wicked policies?

iamJ:
what does speculators mean is it not speculators that cryptocurrency brought out of poverty? How does cryptocurrency benefit the society at large, you don't understand monetary policy and last last like mmm, which cryptocurrency is, una go wail

iamJ:
how is cryptocurrency beneficial to nigerians at large?

iamJ:
mmm users said the same thing

iamJ:
na ponzi scheme, mmm 2.0

You buy and hope it rises, if more people buy you make money, if everybody wants to sell it will crash, the more people buying the higher it rises, if everybody wan remove their money plenty people will commit suicide


Like mmm but international mmm

iamJ:
it's not going to, government can't tax it and it doesn't provide any benefit to the society, it's only criminal elements and speculators that it is beneficial to.

definitelyCYRIL:
I dey tell you!!! Na only person wey no get money to by crypto go dey support this ban.. may be becos one of his friends is making it big time and he is becoming jealous.

definitelyCYRIL:
bros if we wail, it is our wail.... The way you're talking it's like you are one of those guys that can't afford to buy cryptocurrency and is envious of those that can, and are making it, so you just want the system to crash... You better go and borrow money and start moving forward... Nonsense..

casppyjay:
I know it will be counterproductive even if it’s a step In the right direction but we can’t use caffeine products for patients allergic to caffeine.. only people with high IQ can comment and understand..

iamJ:
na ponzi scheme, mmm 2.0

You buy and hope it rises, if more people buy you make money, if everybody wants to sell it will crash, the more people buying the higher it rises, if everybody wan remove their money plenty people will commit suicide


Like mmm but international mmm

Rubbiish:

Crypto and mmm are two opposite things!
Something that has been constantly appreciating since 2009 till date like a plot of land is what u compare to mmm? Yahoo boys have been using western union since way back till date, why didn't any of u come out to clamour for the ban of western union? Crypto started in 2009, and started gaining recognition around 2016, na 2009 criminal activities start?

We know those of u who were unlucky to go into the crypto before the increase are the ones masturbating on all thread, shouting crypto ban! It is typical of the Blackman, it is a case of envy!

Odunolumide:


You decaf.
Everyone wins

thatigboman:
Op, i dont work in CBN or know their reason for doing what they did.
But i know i attended a conference in lagos about this cryptocurrency and the man from CBN say they are against it it because it is unregulated.
U can put N10 million in there and it vanishes, u cant call police, u cant reach out to CBN, your money just fanishes.
Always state the both sides of the argument

CooldudeX1:
Ignorance at it peak. You don't know jack about cryptocurrency. If cryptocurrency is a Ponzi scheme like mmm, it means buying of company stocks and shares is also a Ponzi scheme.

4ckTOT0:
rubbish. cryptocurrency is bigger than naija govt. even top world powers like usa , china cant ban it, is it naija that cant even give its citizens nin?
next news abeg.
the govt hates anything that makes it citizens independent. they hate any thing they cant tax.
if there is anything they should ban is betnaija and co. for destroying the lives of many promising youths. n they wont ban it because they get a huge commission and tax from it. Bleep them all.

iamJ:
they are the same, the money you make from Bitcoin is someone else investment in Bitcoin

Bitcoin is not a company, it doesn't have offices, it doesn't make or generate revenue, if more people buy it, it becomes more profitable for the previous investor, it's a gigantic ponzi scheme

definitelyCYRIL:
bros if we wail, it is our wail.... The way you're talking it's like you are one of those guys that can't afford to buy cryptocurrency and is envious of those that can, and are making it, so you just want the system to crash... You better go and borrow money and start moving forward... Nonsense..

iamJ:
Bitcoin is a company

Do you know their office

slimanyd:
Join my cryptocurrency escrow group ,Where we do buying and selling and also give an hint about the best coins to hold.

https:///44Ra

iamJ:
what does speculators mean is it not speculators that cryptocurrency brought out of poverty? How does cryptocurrency benefit the society at large, you don't understand monetary policy and last last like mmm, which cryptocurrency is, una go wail