Post
Topic
Board Politics and society (Naija)
Re: Is our own different in terms of Bitcoin being confiscated by government?
by
Spaceman1000$
on 14/08/2025, 21:48:09 UTC
Good evening my brothers and sisters, so I get one small question way I for just need people way sabi am pass me to clear my doubt and the question be say our government no they confiscate Bitcoin? And if they do, watin them they use am do?

The reason why I they ask this question be say, for news, US government they always talk say them get plenty Bitcoin way them done cease from thieves them but why our own government never confiscate any Bitcoin or them done confisticate before way we no know? Another question be say, why them no wan adoption the idea to add Bitcoin for federal reverse just as other countries they do now?
Most of the bitcoin way the U.S government confiscate na the ones way nobody don come out to claim and some way them recover as proceeds of corruption. As for federal government of Nigeria to adopt bitcoin as federal reverse, Omo e go hard them to do that kind thing oh, you know say bitcoin transaction to an extent dey traceable especially as na government own, you gats show openness, and you know say this our  government for naija no like transparency, them dey like money way them easily fit Thief way nobody go trace, so them go rather wan use fiat as national reserves instead of bitcoin.