helinues:
Not surprised... Igboho is an illiterate guy .

So FG shut cryptocurrency because of Igboho's go fund me that is yet to reach £100k ?

Illiteracy is indeed a disease

lol this Fulani minion on the beat again

Cantonese:


Very wrong observation.

How do you think Buhari has set Emefiele against his brothers? Or is it only the Igbos who are affected by this policy?

Emefiele & his Southern Banker friends from his Oga Jim Ovia of Zenith Bank, to Atedo Peterside of Stanbic Ibtc, Segun Agbaje of Guaranty Trust Bank, Wigwe of Access Bank, Otunba Shubonmi Balogun of FCMB, Peter Obi & The Ohaneze people of Fidelity bank are cleaning out too the maximum, & are the benefactors from all the CBN policies for the last 6 years, keep blaming the Fulanis, whilst your brothers are sitting clean.

Esseite:
Crypto currency is a death nail on import dominated countries. there is no balance of trade or how that can be regulated. Do you think the loans gotten from china is not a means of balancing trade due to our large imports?..

how do you balance the escape of forex through cryptos for an import dominated country especially for non physical services/goods?

- It undermines monetary policies of various Government..
- There are no checks and balances.
- Any dick and harry can prop up a coin.
- it discourages foreign investors from investing physically in developing nations.

Best initiative from CBN on saving the naira.

CBN is only chopping of leaves in trying to kill the tree. Crypto currency is the future of transactions. The digital economy can never be run by physical money.

If Mark Zuckerberg is allowed to start his own crypto currency, that will be the beginning of the end for paper money.

You balance your exchange of forex (through cryptos or real money) by balancing your balance of trade. Importing everything and exporting nothing is not a sustainable economic model. Nigeria must start start producing instead of always consuming. Government at all levels must start an "autarky" policy. Self sufficiency must the most important policy of government.

Esseite:
Crypto currency is a death nail on import dominated countries. there is no balance of trade or how that can be regulated. Do you think the loans gotten from china is not a means of balancing trade due to our large imports?..

how do you balance the escape of forex through cryptos for an import dominated country especially for non physical services/goods?

- It undermines monetary policies of various Government..
- There are no checks and balances.
- Any dick and harry can prop up a coin.
- it discourages foreign investors from investing physically in developing nations.

Best initiative from CBN on saving the naira.

Eleeribuu ni e..oloshi...na curse I go dey give all of una supporting evil ..oloshi...na crypto go save naira...before crypto what was killing naira... eleeribuu

post=98792022:

U sef talk am?
It's alarming reading some comments from some dumb people on cyberspace.
CBN Governor shut down crypto because of one Igbo whatever in a village in Oyo State?!
Some fraudulent naija youths are a huge disappointment sha, very mumu fraudsters.
But thank God that, the good, honest and hardworking youths are more than the dumb ones.
Do they even know how so dumb they sound with the stupid theory? Na because of one Sunday CBN governor shut down crypto?
Mad, Lazy people everywhere.
This is so appaling!

Lawd

In your little mind , you've made sense .

Your useless darling daddy president is so useless like a used condom
Everything he met on ground ha crumbled.

Nigeria is run by literal satanists. The evil is unthinkable. The atrocities committed by those the public loves and respects are immense. Everything the public has been made to believe for generations is false. All Nigeria politicians don't care about Nigerians welfare they like seeing them miserable

wirinet:


CBN is only chopping of leaves in trying to kill the tree. Crypto currency is the future of transactions. The digital economy can never be run by physical money.

If Mark Zuckerberg is allowed to start his own crypto currency, that will be the beginning of the end for paper money.

You balance your escape of forex (through cryptos or real money) by balancing your balance of trade. Importing everything and exporting nothing is not a sustainable economic model. Nigeria must start start producing instead of always consuming. Government at all levels must start an "autarky" policy. Self sufficiency must the most important policy of government.

Don’t mind the lazy minded youths.
https://www.yahoo.com/finance/news/cryptocurrency-hedge-fund-founder-admits-014839372.html

Please is PI NETWORK a crypto and is it banned too

wirinet:


CBN is only chopping of leaves in trying to kill the tree. Crypto currency is the future of transactions. The digital economy can never be run by physical money.

If Mark Zuckerberg is allowed to start his own crypto currency, that will be the beginning of the end for paper money.

You balance your escape of forex (through cryptos or real money) by balancing your balance of trade. Importing everything and exporting nothing is not a sustainable economic model. Nigeria must start start producing instead of always consuming. Government at all levels must start an "autarky" policy. Self sufficiency must the most important policy of government.

I agree with you and with the person you quoted.Both of you make clear sense.

The truth is, CBN must stop dollars leaving the country because we aren't earning enough dollars,so that we don't end up with the naira becoming like the Bolivar and the Zim Dollar, but in the end the ultimate solution is we must earn more dollars by being a productive industrial country, not an 'oil dependent' country.

Tolexander:
[s][/s]Thrash bin content

Don't be pained,act your old age,thank you

CocoaOla:
Nigeria is run by literal satanists. The evil is unthinkable. The atrocities committed by those the public loves and respects are immense. Everything the public has been made to believe for generations is false. All Nigeria politicians (People above 21 years of age) don't care about Nigerians welfare they like seeing them miserable

We blame only ourselves, everyone is created a political animal so we were taught in sociology, some choose to flex their options, whilst others choose to sit on the fence & complain.

NiRfreak:

Eleeribuu ni e..oloshi...na curse I go dey give all of una supporting evil ..oloshi...na crypto go save naira...before crypto what was killing naira... eleeribuu

The chap you quoted does not support Buhari, or APC, and is in fact a very fierce opponent of Buhari.

Plus, do you have any points to counter his point?

NiRfreak:

Eleeribuu ni e..oloshi...na curse I go dey give all of una supporting evil ..oloshi...na crypto go save naira...before crypto what was killing naira... eleeribuu

Give me points not emotion.

So na Igboho make them ban crypto trade ni... OK.

Xeedee:


This is another real perspective that the commons Nigeria man won't reason. We should all learn to think beyond our sentimental reasoning and think about saving the future economy

do u know that this same govt has in addition made it very very difficult for people in diaspora abroad to send foreign currencies (funds) into the country?

Now if this is not a clear stupidity and foolishness? what is it?

If it is to ban the repatriation of scarce Forex (or launder it out like most corrupt people in govt do) out of the country, then I have no problems absolutely with that!

But to ban the entry of scarce Forex into the country? haba!

Okay I see, maybe it is the recent rapid rise in oil prices that is shacking them! Btw the oil price might hit $100 per barrel before year end.

Or it was done to destabilize yahoo yahoo boys, so that maga (defrauded client) will not pay them any longer.

From all indications it is now very clear this APC govt can even destroy the very citizens they are ruling in order to achieve its own evil objectives/agenda!

They strongly behave like the monarch Queen Cersei Lannister of the concluded game of thrones movie series, who wiped out her own people!

wirinet:


CBN is only chopping of leaves in trying to kill the tree. Crypto currency is the future of transactions. The digital economy can never be run by physical money.

If Mark Zuckerberg is allowed to start his own crypto currency, that will be the beginning of the end for paper money.

You balance your exchange of forex (through cryptos or real money) by balancing your balance of trade. Importing everything and exporting nothing is not a sustainable economic model. Nigeria must start start producing instead of always consuming. Government at all levels must start an "autarky" policy. Self sufficiency must the most important policy of government.

Good point, now how do we do that, when a large volume of liquidity is plunged into crypto currencies and stagnated by people waiting for it to rise rather than real investments.. how then do we run the economy?

Vardanes2:


The chap you quoted does not support Buhari, or APC, and is in fact a very fierce opponent of Buhari.

Plus, do you have any points to counter his point?

Which point did he gave deceiving you gullible.

Regex:
So na Igboho make them ban crypto trade ni... OK.

As silly as saying Abacha brought the internet to Nigeria?

Gandollaar:
What tools?
Police, Army or monthly allocation?

The only support the state government needs from the federal government is for them to ban public grazing and the consequences for those who go against this law should be clearly stated.

It's not acceptable that we have a President who in words and in deed think it is okay for herdsmen to trespass on lands that don't belong to them.

buckeyemedia:
As silly as saying Abacha brought the internet to Nigeria?

Sarcasm, do you speak that?

luvmijeje:


The only support the state government needs from the federal government is for them to ban public grazing and the consequences for those who go against this law should be clearly stated.

It's not acceptable that we have a President who in words and in deed think it is okay for herdsmen to trespass on lands that don't belong to them.

It is not the President’s call to ban herdsmen, that is the duty of the individual State Governments, the severity of herdsmen’s problems vary from State to State, some states are more critical than others, so a 1 wand solution can’t fix the problem, it is a state by state problem, not a Federal problem. Take for example Alausa’s problem is urban not rural, Lagos State Government is interested in seizing more Okadas than cows.

It is well

A305:
Just as you have listed the disadvantages of crypto currency, Also take the time to list out the advantages and you would realize the total financial control the government is imposing on the common man to their own benefit.

It isn't about the economy because:

1 - There will always be inflation, deflation, recession etc. It's just the vicious circle of macro economy.

2 - Naira can never equal Dollar any time soon due to 'balance of trade deficit' amongst other factors however, Crypto currency puts you on that level playing field with the almighty dollar (trade and investment)

So, You would ask yourself; "why then is FG trying to monopolize money?"

Simple answer — Money is power.

Crypto currency is a lazy investment, it is beneficial to you and myself when we make small margins, but robs of liquidity from the economy. what happens to unemployment if we all are waiting on cryptos and push every atom of funds into crypto market despite have very low export to commiserate with the forex outflow?

This is the reason countries are propping their own coins, but would we ever invest in a Nigerian coin?

Esseite:
Crypto currency is a death nail on import dominated countries. there is no balance of trade or how that can be regulated. Do you think the loans gotten from china is not a means of balancing trade due to our large imports?..

how do you balance the escape of forex through cryptos for an import dominated country especially for non physical services/goods?

- It undermines monetary policies of various Government..
- There are no checks and balances.
- Any dick and harry can prop up a coin.
- it discourages foreign investors from investing physically in developing nations.

Best initiative from CBN on saving the naira.

Which foreign investor is going to invest his / her hard money in a country already overran by bandits?!

PureMe01:
I knew it was all POLITICAL...
Everything about APC is just HELL to NIGERIANS especially the particular people that voted BUHARI

Hmmmm
U are not looking at the fraudulent aspect of the scheme as well as benefit
U are reacting to a lawyer benefiting from proceeds of crime
Seek information pls
Enjoy

luvmijeje:


The only support the state government needs from the federal government is for them to ban public grazing and the consequences for those who go against this law should be clearly stated.

It's not acceptable that we have a President who in words and in deed think it is okay for herdsmen to trespass on lands that don't belong to them.

Ok I understand you.

But that would never happen because you rejected Ruga.

Government has spoken through their proxies that Fulanis would continue to graze openly until world's end because it's in their nature.

Femi Adesina once advocated for " your land or your life" for peace to reign, he speaks for the topmost leadership class.

buckeyemedia:
Don’t mind the lazy minded youths.
https://www.yahoo.com/finance/news/cryptocurrency-hedge-fund-founder-admits-014839372.html

Read this article, it's incisive. -
Is Cryptocurrency the Future of Money?

Esseite:
Crypto currency is a death nail on import dominated countries. there is no balance of trade or how that can be regulated. Do you think the loans gotten from china is not a means of balancing trade due to our large imports?..

how do you balance the escape of forex through cryptos for an import dominated country especially for non physical services/goods?

- It undermines monetary policies of various Government..
- There are no checks and balances.
- Any dick and harry can prop up a coin.
- it discourages foreign investors from investing physically in developing nations.

Best initiative from CBN on saving the naira.

What does it take to start exporting?
Can't we in prove on our export capabilities?

Gandollaar:
Can the CBN quantify for Nigerians in actual cost, Bitcoin's toll on the economy since the last ten years?

Yes, for Bitcoin to trade much more than our stock exchange, it goes to show their is a very big problem up ahead..

How we have left physical organization investment for quick small margin profit at a huge expense of forex outflow not stored in Nigeria is a problem.. if this was not curbed, organizations would be folding up very soon for lack of liquidity.

buckeyemedia:
It is not the President’s call to ban herdsmen, that is the duty of the individual State Governments, the severity of herdsmen’s problems vary from State to State, some states are more critical than others, so a 1 wand solution can’t fix the problem, it is a state problem,!not a Federal problem.

It's a Nigeria problem. This is an issue that is affecting majority of the states. We have a group of people who believes that they are above the the law or as one of them said, Nigeria belongs to them.

They are one out of 300 tribes in this country. It's affront on the rule of law for this group of people to be terrorising our people and the President continue to turn blind eyes on this issue.