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Bitcoin And eNaira Partnership Will Boost FG Revenue And Value Of The Naira. - Politics - Nairaland

Nairaland Forum / Nairaland / General / Politics / Bitcoin And eNaira Partnership Will Boost FG Revenue And Value Of The Naira. (482 Views)

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Bitcoin And eNaira Partnership Will Boost FG Revenue And Value Of The Naira. by naijapower(m): 9:41am On Nov 14, 2021
Executive Summary:
Fact: Bitcoin is gaining ground by the day, to become a major currency globally. Lots of Central banks and Parliaments are developing laws to regulate bitcoin in their country.

Some government are also tapping into Bitcoin mining as complimentary revenue source.

Bitcoin is ethical currency than feit currency as its production cannot be abuse unlike the feit currency.If you will remember the famed Idi Amin of Ugandan once asked his central bank governor to print Uganda currency then. With Bitcoin you just can't do that.
Nigeria is facing lots of challenges financially and all hands must be deck to help address the issue.

Bitcoin is a gold mine right now for anyone that can create relevant product or service around bitcoin.

The Creation of eNaira is a noble project that require every Nigerian support. Bitcoin usage in Nigeria will deepen the use of eNaira both locally and internationally.

When Nigerians and bitcoin users are allow to fund their bitcoin wallent with eNaira. More FX revenue will flow into the country and the Naira value will appreciate.

Bitcoin has zero risk as at today based on the strategy applied.Talk for another day.

CBN can participate directly in indirectly in creating a bitcoin wallet to reap revenue from bitcoin wallet. A Strategic wallet by CBN will draw more fx into the Nigeria economy.

Contributions are welcome to deepen discussion
Re: Bitcoin And eNaira Partnership Will Boost FG Revenue And Value Of The Naira. by naijapower(m): 9:49am On Nov 14, 2021
Every Nigerian must join to create legal jobs for the good of every one.
join our
Operation No More Unemployed
If you can't find job, employ yourself legally.
We offer everyone an opportunity to be self employ at no cost. That is you are not Paying us.
1: Just get a pen and paper ,
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3: Collate address ,Products and Phone Number of Businesses in your area selling Vehicles, Properties, Laptops, Phones, Home Appliances.
4: Fill this form [url] https://forms.gle/we8vEPmNb6RTHwqX8 [/url]
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Re: Bitcoin And eNaira Partnership Will Boost FG Revenue And Value Of The Naira. by FarahAideed: 9:59am On Nov 14, 2021
There is nothing like E Naira ..ask yourself what's E Naira ?
Re: Bitcoin And eNaira Partnership Will Boost FG Revenue And Value Of The Naira. by naijapower(m): 10:06am On Nov 14, 2021
FarahAideed:
There is nothing like E Naira ..ask yourself what's E Naira ?

eNaira is a Central Bank of Nigeria-issued digital currency that provides a unique form of money denominated in Naira. eNaira serves as both a medium of exchange and a store of value, offering better payment prospects in retail transactions when compared to cash payments. eNaira has an exclusive operational structure that is both remarkable and nothing like other forms of central bank money.

There are several benefits from a central bank-issued digital currency in Nigeria, and this cuts across different sectors of, and concerns of the economy.
[url] https://enaira.gov.ng/ [/url]
Re: Bitcoin And eNaira Partnership Will Boost FG Revenue And Value Of The Naira. by gentleman82: 11:19am On Nov 14, 2021
Have you ever traded in bitcoin and lost money? If you have you will fear bitcoin
Re: Bitcoin And eNaira Partnership Will Boost FG Revenue And Value Of The Naira. by SonofLothbrok: 11:27am On Nov 14, 2021
"E-naira or B-naira". I am not interested. Stupid youths alway dreaming of a better Nigeria. The same way your father's did without reasonable results. Is still the same direction you are taking and your children's children will do also.

By next year what is coming for all of you is death. This i have seen.
Re: Bitcoin And eNaira Partnership Will Boost FG Revenue And Value Of The Naira. by googlepikins: 11:31am On Nov 14, 2021
E Naira is just a fuckin wallet. Just like Paga and Jumia wallet
Re: Bitcoin And eNaira Partnership Will Boost FG Revenue And Value Of The Naira. by Nobody: 1:43pm On Nov 14, 2021
naijapower:
Executive Summary:
Fact: Bitcoin is gaining ground by the day
Which chart are you looking at? Bitcoin is going to rug, 100k is a wetdream. Unless 1T USD magically enters the market cap BTC is not going anywhere.

Also, Bitcoin does not allow integration of smart contracts, there is no way to create new tokens on the Bitcoin network.
CBN is most likely working with the Steller network for a variety of reasons.

Operating a FX just to swap Bitcoin would be a net negative, we're trying to get dollars not spend more so a handful of BTC traders can enrich themselves.

Re: Bitcoin And eNaira Partnership Will Boost FG Revenue And Value Of The Naira. by naijapower(m): 5:25pm On Nov 14, 2021
Agree that bitcoin transaction is low as at now, it is normal for all currency, but despite that bitcoin is gaining ground.

ElixExo:

Which chart are you looking at? Bitcoin is going to rug, 100k is a wetdream. Unless 1T USD magically enters the market cap BTC is not going anywhere.

Also, Bitcoin does not allow integration of smart contracts, there is no way to create new tokens on the Bitcoin network.
CBN is most likely working with the Steller network for a variety of reasons.

Operating a FX just to swap Bitcoin would be a net negative, we're trying to get dollars not spend more so a handful of BTC traders can enrich themselves.
Re: Bitcoin And eNaira Partnership Will Boost FG Revenue And Value Of The Naira. by JOemmy(m): 6:27pm On Nov 14, 2021
Am not even able to fund my enaira wallet my access bank app is yet to enable the enaira functions.

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