Post
Topic
Board Nigeria (Naija)
Re: Bitcoin fraudulent activities in Nigeria
by
Mate2237
on 04/11/2023, 00:18:54 UTC
In recent years niger has been know for cryptocurrency fraud. Most scammers in Nigeria used social media like Facebook, Instagram and WhatsApp to decieve people into investing crypto with the promise of getting higher returns with little risk, while they will steal your money. This have lead to the scrutiny of crypto government have warn against investment in cryptocurrency. Many Nigerians today see cryptocurrencies have a way for them to over come the high inflation. This is a very important notice before investing crypto in Nigeria.
Correct the bolded word. In the introduction of bitcoin in the country scammers has started using it to deceive people though at first they could not used it to scammed anyone until people became to kno the real important of the coin and from there the people that were inquisitee to buy and invest in it were scammed. At that time they used it as ponzi scheme and many with the hope of getting big amount of money started to invest and lost their money.

And that is why it is not every investment platform you see in the internet is trustworthy to invest in. Well as for me I dont know how people dey see the inflation with bitcoin. Me, I never see bitcoin dey reduce or control over inflation.