ethicallyright:


Best Opinion. You surely did economics in school.

The companies that are collecting Bitcoin instead of money collect it not because it is going to replace money. They collect it because unlike money , Bitcoin is not stable.

If that company collects $15 million dollars from its client today, that $15 million dollars will be the same thing tomorrow because of the stability of the dollars.

If that company collects $15 million dollars worth of Bitcoin today, what they got from their client may increase to $25 million dollars worth of Bitcoin just within 24 hours. Meaning the client technically paid 10 million dollars extra because of the instability of the Bitcoin which is backed by hype.

Companies that take Bitcoin as payment are taking a calculated risk of gaining more profit as long as it lasts.

Will Digital currencies work in the distant future? Yes, they will replace bank notes in the future but they will be something the government of each country has control over. Like Nairacoin for Nigeria , Dollarcoin for USA , Poundcoin for Britain etc. That way , such currencies will be stable because people are not purchasing it as something they will just make profit from but people will be using it as a legal tender. This means the more you export the stronger your digital currency .

Can Bitcoin and cryptocurrencies the way we know today become legal tenders despite?
Yes , they can only if we will not have Countries and Nations like we do today. That means people will not be natives of their countries or loyal to their governments because Countries will seize to exist in place of a global world. They will be loyal to corporations instead.(abstract)

The $15m may also drop to $5m, meaning they've lost $10m the client paid. Always consider both directions. Thanks

correctguy2010:


The $15m may also drop to $5m, meaning they've lost $10m the client paid. Always consider both directions. Thanks

Read the next paragraph in the comment you quoted and see I wrote that they are taking a Calculated Risk to receive Bitcoin payments.

ethicallyright:


You didn't reply how " portable" Bitcoin is.

Bitcoin is very portable... what are you talking about?

Crypto is the easiest currency to transfer and can be cashed easily. Please tell me what other currency other than crypto that you can move 100k if you were to travel to another country as easily? Ever handle 100k in gold or cash

This is what wrong with people like you... at the birth place of new technology you try to find holes in it, while the technology is being ironed out and let the whites and Hispanics master the technology because you were to lazy to divest in thar technology. You have no clue what the value of 1000$ in bitcoin will be 10 years from now. 15 years ago it was a bit$ch to get online.. but now its easy right Where is Nigeria? at the crap end of the stick when it comes in Wifi and networks

This was the down fall of Africa ... because the country had basically zero ports and poor climate the lack of innovating prevent the country from global trade and missed out on obtaining gun powder, guns, silk and other important goods. Now they are playing catch up.. So keep playing this game of catch up.. Every other country is

ethicallyright:

If that company collects $15 million dollars from its client today, that $15 million dollars will be the same thing tomorrow because of the stability of the dollars.

If that company collects $15 million dollars worth of Bitcoin today, what they got from their client may increase to $25 million dollars worth of Bitcoin just within 24 hours. Meaning the client technically paid 10 million dollars extra because of the instability of the Bitcoin which is backed by hype.

Your economics is flawed.

2016 to 2020 the NGN/USD went from .005 to .002

so that $15 million has lost half its value

Yeah.. you think you have $15 million still... but inflation and the value of that money changed significantly.. meaning if you ran a business the exchange rate would own you.

If that $1 million was in bitcoin you would be a billionaire. So I am not understanding what your point is.

If you were smart you would give your kid.. $10 or $100 of bitcoin or some other coin that have proof behind it because the TECHONOLOGY is being built now.

Btw what happens if hyperinflation than what? Find 4 Cryptos.. save the keys and put them in a diary and wait 5 to 20 yrs later. What do you have to lose?

MyGeneration:

The federal government are just trying to save the banks from further colapse.they have limited the amount of money mba can payout per day which is why they keep having issues paying peoples money..MBA is threatening to go to court as i speak now..
People no save their money in banks anymore, they take it to forex trading companies

don't those forex trading platforms have accounts with banks of which prospective investors pay into. I was even thinking forex platforms are helping banks by bringing cashflows from foreign currencies

SavageResponse:


Mainly due to greed and ignorance

True

My goodness. This your statement is dumb as s**t. Banks? Further collapse? Which banks are collapsing bros? How much is MBA’s turnover that it’ll threaten the entire banking industry.

There is no limit to human stupidity. When you think you’ve seen it all, someone comes along to show you it’s only just begun.

MyGeneration:

The federal government are just trying to save the banks from further colapse.they have limited the amount of money mba can payout per day which is why they keep having issues paying peoples money..MBA is threatening to go to court as i speak now..
People no save their money in banks anymore, they take it to forex trading companies

Don't be deceive oo.

Yes they are having bank issues but bank is not there major issues.


MBA had a major loss, which affected there cashflow.

In Forex, you experience such loss, MBA has failed to communicate such info to it investors.

I know MBA is not a ponzi scheme and they will surely bounce back but will take 3 to 6mths.

FFF241:
My goodness. This your statement is dumb as s**t. Banks? Further collapse? Which banks are collapsing bros? How much is MBA’s turnover that it’ll threaten the entire banking industry.

There is no limit to human stupidity. When you think you’ve seen it all, someone comes along to show you it’s only just begun.

nifnifemi:
Don't be deceive oo.

Yes they are having bank issues but bank is not there major issues.


MBA had a major loss, which affected there cashflow.

In Forex, you experience such loss, MBA has failed to communicate such info to it investors.

I know MBA is not a ponzi scheme and they will surely bounce back but will take 3 to 6mths.

Bank issue, bank issue, bank issue...what is the "bank issue" they are having?

DrAkpa:


Stupid Nigerians as always. They just made things difficult for themselves.

I hope your red moon is out now ....go and pay people their money before they swear for u and Maxwell

https://www.change.org/MBAMustPayNow




Guys can we reach 200 Signatures in the next one hour...



Something is going to Happen...



There are underground moves, that needs the petition as thorough evidence.


Sign, Comment and Share.


Help is Coming and Help is here already.


Only some click away.

https://www.change.org/MBAMustPayNow

Lets all sign this petition...MBA must pay us back our capital...

Paste this link on there facebook page and instagram page,

EFOLK:
https://www.change.org/MBAMustPayNow

Lets all sign this petition...MBA must pay us back our capital...

EFOLK:
https://www.change.org/MBAMustPayNow

Lets all sign this petition...MBA must pay us back our capital...

redscorpion
youngbuffet
50nizzy
airsaylongcome
tope777
plierz
thewatchdog
Drakpa
Rossyisblessed


Ask these guys I just mentioned what happened to your money because the way they were defending MBA on nairaland, I could almost bet they are shareholders or employees of Maxwell

Resurgent2016:

airsaylongcom.e


Ask these guys I just mentioned what happened to your money because the way they were defending MBA on nairaland, I could almost bet they are shareholders or employees of Maxwell

It was never in doubt that I'm an employee of MBA. I'm wondering when an employee becomes liable for his employer defaulting?

osamz007:
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airsaylongcome:


It was never in doubt that I'm an employee of MBA. I'm wondering when an employee becomes liable for his employer defaulting?

Just drop your address... I know people that will come to your house to answer that question!

Will you be liable for the people you deceived?

Oh, you have even agreed that your master is defaulting?!

This life ehn?!

I kept advising guys here to run from MBA forex and other scrupulous platforms but it seems greed is bigger than fear.

Enjoy your losses.

I kept advising guys here to run from MBA forex and other scrupulous platforms but it seems greed is bigger than fear.

Even The mods deleted my thread on it.

Enjoy your losses.

NairaTroll:


Just drop your address... I know people that will come to your house to answer that question!

Will you be liable for the people you deceived?

Oh, you have even agreed that your master is defaulting?!

This life ehn?!

The business has not yet paid ROI for two months. That's a clear default and I would be a fool to bury my head in the sand like and ostrich. As for my address, this is a public forum. If you need it PM me

airsaylongcome:


It was never in doubt that I'm an employee of MBA. I'm wondering when an employee becomes liable for his employer defaulting?

@the bolded, when you started speaking towards the genuinity of the operations of MBA forex even when they were clear signs that the business (ponzi scheme) was not being sincere with contributors.

Way back sept, we not only identified MBA was a ponzi, we showed clear evidence that business was simply using peters money to pay paul. The supposed sale to a company that exists only on paper (WCEP), the numerous "upgrades" and "verification" was just a cover for a ponzi scheme at its saturation point. Yet you came here "bearing" first hand information that there was no cause for alarm and MBA was indeed being sincere. You misrepresentation has caused people to be swindle of millions of naira and in a sane country, that is a punishable offence.

Go and read about Enron, not just some employees, even the auditors face severe penalty for misrepresentating the state of affairs of the company.

airsaylongcome:


It was never in doubt that I'm an employee of MBA. I'm wondering when an employee becomes liable for his employer defaulting?

When you started yarning wetin you no sabi. Maxwell is a fraudster and several people mentioned here that they have known him to be a serial scammer playing a new game.

If you are working with a criminal, what does that make you? an accomplice my brother. If maxwell gets a space in kirikiri maximum prison, you will at least spend some days in a medium prison.

BTW airsaylongcome, I am curious, now that you are probably looking for another job, will you be including MBA forex in your CV?

airsaylongcome:


It was never in doubt that I'm an employee of MBA. I'm wondering when an employee becomes liable for his employer defaulting?

You are liable because you provided assurance that the business was a going concern and several victims invested and lost your money due to your fraudulent misrepresentations to members of the public.
My brother, if any petition carries your name and they put this thing I just typed, you have gone from employee to co-conspirator and Co-accused.

Resurgent2016:
BTW airsaylongcome, I am curious, now that you are probably looking for another job, will you be including MBA forex in your CV?

So I'm still working there. But if a time comes and I have to move up, without doubt it will be included

airsaylongcome:


So I'm still working there. But if a time comes and I have to move up, without doubt it will be included

What? the remaining money Maxwell should use to pay small samll ROI, he is still using it pay salary for a company not in operation.

Just kidding bro, all the best in your future endeavor.

But dont include that thing ooh, if the HR person come be former investor wey lose money, anything can happen ooh. You can go for the interview and just meet policemen waiting for you there, because when shit finally hits the fan Maxwell will definitely abscond and it will be all man for himself

Resurgent2016:


What? the remaining money Maxwell should use to pay small samll ROI, he is still using it pay salary for a company not in operation.

Just kidding bro, all the best in your future endeavor.

But dont include that thing ooh, if the HR person come be former investor wey lose money, anything can happen ooh. You can go for the interview and just meet policemen waiting for you there, because when shit finally hits the fan Maxwell will definitely abscond and it will be all man for himself

OK.

See how supporters of MBA just became humble all of a sudden. Lmao!

Phraences:
See how supporters of MBA just became humble all of a sudden. Lmao!

they were busy insulting us for telling them that they re been scammed. why re they no longer trading forex or has forex trading gone on holidays

airsaylongcome:


So I'm still working there. But if a time comes and I have to move up, without doubt it will be included

that your where a co-conspirator in the fraud ?what u position ...

ahiboilandgas:
that your where a co-conspirator in the fraud ?what u position ...

Lol! Laughable