Post
Topic
Board Nigeria (Naija)
Re: Nigeria needs Bitcoin national reserves
by
Princess Leah
on 31/01/2025, 01:07:37 UTC
Let have your say
You funny sha. How you take wan even think sey a thing like dat will happen in Nigeria? Any country wey dey use corruption baff nor go wan to use Blockchain do dem transactions because of the level of transparency involved. Nothing dey hidden on d chain. No magomago at all at all. Make I even ask sef, wetin even happen to d e-Naira wey Bubu administration floated just to make a caricature of Bitcoin and divert owa attention from cryptos? Where dat wan dey now? Shebi e don cast?   
As in ehh! we can't really buy the idea of how other nation are using bitcoin as a reserved funds because as you said our country is about 87% corrupted and this should be something that would affects us severely as i think they wouldn't want something that could reveal their Anus for every single transactions they are doing, and they must give accounts on how they are spending the Nation Funds or even if they don't give account believe me, You and I can easily track how those funds were (are) used or transacted. I know if our countries leaders are aware of Bitcoin mixers they wouldn't mind prioritizing mixers to hide their evil dids.

They should have the idea about mixers but the truth is that the bitcoin is not convenient for them to agree to because of the transparency, they just can not do their dirty deeds if we are to go by using bitcoin as a national reserve. They prefer this fiat than bitcoin so as not to expose themselves while stealing. The idea of bitcoin as a national reserve is dead on arrival no politician with ill intention  would agree to it as they feel it is not safe for them to implement. They prefer their ghana must go system of sharing formular so they could keep stealing from the national treasury as they
 like.

The don't have control over it just like they control the apex bank(central bank) and that's why they won't buy the idea of owning a bitcoin reserve just like most developed countries across the globe are doing, it's not as if our politicians are not aware of Bitcoin, they've got learned people in financial institutions that would give them good advice about it but these so called politicians are so greedy and selfish, they careless about reserve money for our future but are bent on strategising evil ways of stealing public funds through the fiat system.

 Our politicians are practising organised crime at the highest level, you could remember when they claimed that snake and monkey stole public funds and the culprits who did that are roaming scott free, all those won't happen if they embrace the Bitcoin blockchain, they're aware of it and how it would expose ther dubious acts so I don't think they'll implement it.