PENNYSWAP:



We are not buying it for value , we are buying it for convert btc to naira Straight to naija bank

adewale2011:
Imagine the CBN Governor said all this without mentioning the Technology behind their hypocritical creation, let me tell you all, Blockchain is the Future, don't let no Government fool you.

Beloved3:


Lol what is the significance of rack-centre to CBN's digital currency?

You think CBN will host such government asset on a private server?

Do you have any idea how much megawatts of electricity the so called rack-centre data centre consumes?

Do they rely on the national power grid or they use generators?

When you have fully comprehend how huge that electricity demand is, then do you now slowly realise how much damage feul generators required to support that huge size is doing to environment?

Why do you think Tesla and many US support pulled the plug in bitcoin? Is power generation/requirement of data centre a joke to you?


Well, all you have done is to tell me Lagos has a data centre and you are jubilating as if that is a breakthrough

ShedrachU:


It value will be higher than Naira, since it's a cryptocurrency and not traditional currency.

Willie2015:


Buhari govt will go...
Another one will come... 2023...
And freeze it...ban it and kill it...
Leave the masses on their own ...
We have been in this system long enough to know
How it works....

KingOfAmebo:


You definately dont know how Government works, Have you heard of PPP(Public Private Partneship) that has been implemented in many projects across Nigeria(You probably never heard of this also, smh)

"...and hey, you are the ignorant person here i am trying to educated, you never knew a data centre already exist in Nigeria even as a Nigerian until now, you should cover your face in shame...next time do an extensive research before jumping online and saying rubbish all in the name of rubbishing your country while foreign haters join you to mock your country(yourself).

You even went as far as giving excuses why it cant work, typical of a lazy Nigerian youth always looking for excuses and who to blame for their problens and not looking for solutions.

You should be the one jubilating cuz you never knew your country which you always insult as a zoo has a data centre (something you are ignorant of)

i am a proud Nigerian like the few of us out there willing to be positive and profer solutions to our mountain of problems and not just sit in our rooms typing gibberish and blaming the government for everything everytime, we are the direct representation of the governance we seek.

Government will not come to spoonfeed you. Get out there into the real world and make a good use of your life by creating value for others and watch as you progress in life". - Village People spokesperson.

lwisee:


We have data centres scatterd all over Nigeria Bro,running and maintaining data centres isn't an issue in Nigeria anymore.We have IPPs that powers these data centres backed up by solar grids in Megawatts.Nobody rely on PHCN to run a data centre.I agree the capital required is huge but it's duable.

FarahAideed:


Most of the transfer you do are already just digital numbers ...This E naira is different trust me ...

otosa:
I don't have belief on anything coming from this government because they do not mean well for us and all they are after is how to convert the money we have in our accounts to their own. As they used NSE to scammed us.

KingOfAmebo:


You definately dont know how Government works, Have you heard of PPP(Public Private Partneship) that has been implemented in many projects across Nigeria(You probably never heard of this also, smh)

"...and hey, you are the ignorant person here i am trying to educated, you never knew a data centre already exist in Nigeria even as a Nigerian until now, you should cover your face in shame...next time do an extensive research before jumping online and saying rubbish all in the name of rubbishing your country while foreign haters join you to mock your country(yourself).

You even went as far as giving excuses why it cant work, typical of a lazy Nigerian youth always looking for excuses and who to blame for their problens and not looking for solutions.

You should be the one jubilating cuz you never knew your country which you always insult as a zoo has a data centre (something you are ignorant of)

i am a proud Nigerian like the few of us out there willing to be positive and profer solutions to our mountain of problems and not just sit in our rooms typing gibberish and blaming the government for everything everytime, we are the direct representation of the governance we seek.

Government will not come to spoonfeed you. Get out there into the real world and make a good use of your life by creating value for others and watch as you progress in life". - Village People spokesperson.

Beloved3:
Where are they planning to host the servers?

It would be a joke to host our digital currency on foreign servers.

And just in case they are planning to build data centres here in Nigeria for the project, I hope they know that is a huge electricity demand and it's as if Nigeria does not even produce enough electricity to power the whole of Lagos 24/7.

And hopefully they are not planning to run the data centres on generators because that would be dragging the country eons back. Everyone at this stage is looking towards Sustainability and cutting off green house gases.

Dear Naija, which way?

If only we could fix electricity, many things will start to fall in place gradually.

When we fix electricity, we monitor crime effectively with CCTV and drones.

We experience transformation of our educational sector - digital transformation.

We experience industrialization - companies will troop in, and the ABA boys and indigenous manufacturing gurus will rise

We crack down on corruption - everything becomes transparent and digital - every fraud will be traceable digitally except you go and bomb the data centres to erase data ( equivalent to how they burnt the NFF office and other offices just to destroy files).

Our economy improves, we rely less on petroleum, we see massive advancement etc.

lwisee:


We have data centres scatterd all over Nigeria Bro,running and maintaining data centres isn't an issue in Nigeria anymore.We have IPPs that powers these data centres backed up by solar grids in Megawatts.Nobody rely on PHCN to run a data centre.I agree the capital required is huge but it's duable.

Dami12345:



That would be asking the government to think.

Do you know how stressful it is for them, they would think it is punishment.

Beloved3:


I don't know why you actually crack me up reading your comments.

No problem bro. I'm glad we have positive minded individuals like yourself who are ready to better Nigeria.

All I'm saying is that in whatever you do towards making Nigeria better, think of solving the challenge with electricity. Once you have that sorted, majority of Nigeria's non developmental issues will be gone.


And you still haven't answered my question. Are these data center in Nigeria that you mentioned being fed off the national grid or they run on alternative power supply like Diesel generators?

lwisee:


A lot of people will do bro, people with clean money will surely do.

rottennaija:


It will be a stable coin. 1e naira will be equivalent to N1

FarahAideed:


Na 1 E naira would have a different value and you will need to exchange more Naira to get one and as demand grows the values grow , but it should be an alternative to hedge on the naira outside USD

FarahAideed:


Na 1 E naira would have a different value and you will need to exchange more Naira to get one and as demand grows the values grow , but it should be an alternative to hedge on the naira outside USD

pacespot:
I just hope other crypto platforms can tap into this so that I can withdraw my money from Luno app or use the money to buy e-Naira, my money is currently hanging on the app due to CBN banning of Nigerian banks from transacting business with crypto platforms.

Mrquote:

What will now be the driving force if the value is weighed on naira because naira doesn't have value

Bigshoe2028:


Bro there is no blockchain technology here read what it does and how they said it will operate

It is a centralized network , very easy to hack
Hackers are now smiling free money once it drop I bet just one year it will be hacked