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Showing 20 of 47 results by Curious T
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Board Nigeria (Naija)
Re: Is Bitcoin Only For The Rich?
by
Curious T
on 09/09/2025, 22:35:01 UTC
Hatchy leave this thing, if you no get money you no fit invest in Bitcoin, person never see food chop well e dey go invest in Bitcoin, whether you like am or not if you no get money you no fit invest or buy and hold Bitcoin.

I disagree with you to an extent. I agree, say when you dey poor e dey difficult for you to invest in bitcoin, but at the same time that on e no mean say poor man no fit invest in bitcoin. Bitcoin is the only thing wey be say you fit carry the least 10k to 50k take buy. This one alone dun show say even poor man fit buy am, unlike shares wey one share of profitable company na from N250k and above.

I know bikeman wey use 100k buy btc when e dey around $40k and he dun dey take profit from am dey use that one hold him side from time to time. Na poorman he be, but he dey hold btc.

The rich get the advantage, of course, but Bitcoin na the only thing wey i see say poor man sef fit invest in. Where poor man want to see N1 million+ to get better investment? But with bitcoin, your 50k fit dey give you the least 5k from time to time make you use support yourself.
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Topic
Board Politics and society (Naija)
Re: Nigerian Oil, Economy and federal government loan
by
Curious T
on 09/09/2025, 22:17:28 UTC
I see you have a lot to complain about the country just like every other Nigerian, especially the enlighten ones.

The point here to me is that the federal government is showing everyone that they are not capable of handling, managing and maintaining the Nigerian refinery.

But this here is not true. The government is very capable of handling, managing and maintaining the Nigerian refineries, they just don't want to do it because they prefer the money to go to their bank accounts instead of the actual project. One mistake Nigerians make is to believe the politicians don't know what they're doing. They know exactly what they're doing. They take the loans, with the pretense of carrying out a project but just keep the money for themselves.
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Topic
Board Economics
Re: Help PHilippines: billions wasted on flood projects
by
Curious T
on 09/09/2025, 11:13:03 UTC
Honestly this won’t be solved in a peaceful way, people should revolt already. The government itself is corrupt, they got their own people surrounding them so it’s hard for them to fall. I wouldn’t be surprised if there’s no presidential election in 2028, they can always find a way to declare martial law.

Very few people who have power will give it away willingly. It is usually taken from them. If the people don't find a way to take the power away from these people, nothing will change.
The situation is the same in my country, if not worse. We come to a point where people play politics with everything, including the lives of people. They embezzle money meant for hospitals, healthcare and even displaced people.

People hate to hear it, but it's human nature to be that way. What stops people from doing that is a system. A system that checks how this money is spent and makes sure the money is being used properly. A system where there are heavy penalties for those caught, and the laws are enforced. Without a system like that, people will do whatever they want as long as they can get away with it. So as long as the people of the country don't wake up and take power back and create a system, things won't change.
Post
Topic
Board Nigeria (Naija)
Re: Is CBN secretly pushing people toward Bitcoin with the way naira is falling?
by
Curious T
on 03/09/2025, 22:49:05 UTC
Many shop owners and students I know are now saving in crypto, not because they “believe in Bitcoin ideology,” but simply because naira is too weak.

A lot of these people that are into crypto are not into it because the naira is weak, they're into it because the country is too hard and people are just looking for any where they can make money from, however little it might be. This is why a lot of Nigerians were involved in the wave of airdrop when it was tapping, referrals and other games. A lot of them did not even have an idea what a token or coin was, but because they could make money from it, they did it.

The average Nigerian who knows and understands crypto will prefer to save their money in a stable coin to Bitcoin if they're trying to protect it against inflation and the weak naira, except it's someone who is a Bitcoin enthusiast.
They do not want to take the risk of saving their money somewhere they can lose it, so they will play it safe. 
Post
Topic
Board Nigeria (Naija)
Re: Bitcoin as a legal tender in Naija
by
Curious T
on 02/09/2025, 17:22:07 UTC
It's no news that countries have started to think of the prospect of making Bitcoin a legal tender. I'm sure Our Nigeria as a nation have also been considering the pros and cons of such prospect.

Sometimes I wonder if people really understand the country they're from. Have you seen the leaders of this country? They're not progressive in any way, so the idea of Bitcoin ever being a legal tender is preposterous. You still can't use bitcoin or crypto as the description of your transfer, yet you're hoping for it to be legal tender.
A country where if police stop you on the road and find out you have bitcoin, they will start rejoicing because they've caught a big fish they can extort.

All we can ask and hope for is to be able to use it freely without being scrutinised by the authorities as fraudsters or criminals.
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Topic
Board Bitcoin Discussion
Re: Filmmaker making a film for Satoshi Nakamoto
by
Curious T
on 02/09/2025, 17:06:16 UTC
Yes, most likely they won't get the movie correct as obviously we don't know who Satoshi is. And so maybe they just try everything to put together on what they've read from others here in our community.

They may not necessarily get it wrong. From what I read, I don't think anybody will be playing Satoshi or even if someone does, it might most likely be just a voice with no face. It won't be that difficult if they want to make a good movie.

My total disappointment though is getting Pete Davidson as a actor here, he is a comedian so I'm assuming this could be just a parody or something?

He is also an actor, not just a comedian, so I don't see anything wrong with casting him for a role. he has had other roles that are not comedy roles before. Plus, there are many other actors, so he may likely not play a big role, but since he's a big name, his name will be in the headlines.
Post
Topic
Board Nigeria (Naija)
Merits 3 from 3 users
Re: 🍉🍍🍓 Naija Board । Bitcoin Fruit Carving & Decoration Contest - 2025 🍉🍍🍓
by
Curious T
on 01/09/2025, 16:31:31 UTC
⭐ Merited by philipma1957 (1) ,Shadiq (1) ,pooya87 (1)
I want to say a big thank you to @Shadiq for organizing something like this for the local board.
I had fun while doing this.

The ingredients for this are; Watermelon, cucumber, coconut, banana, pineapple, pear, apple and grapes.


This the finished result.


 

Post
Topic
Board Economics
Re: To have kids or not to? Your opinion from economy perspective
by
Curious T
on 27/08/2025, 15:35:36 UTC
I disagree with the premise of the question. The economy should be fairly secondary when considering having children, unless we are talking about extreme cases. I see many people in developed countries who do not have children or postpone having them indefinitely because they have to go on trips to upload photos to Instagram. It is better to be clear about the unity of the couple, the common life project, and if you have limited resources, you will manage. That is how it has always been done. Another thing is that if you have limited resources, do not be foolish and have 10 children; take precautions.

As someone who is from an underdeveloped country, you can't place the economy as secondary when talking about having kids. It's part of the most important things. In an economy like mine, you have to have different streams of income or a very large income if you're going to have a kid, because the government won't help you in any way. No free education at any level, inflation continuously on the rise, you have to find ways to provide your own electricity and other basic things the government should be providing for you, like water. You also have to consider the security. How safe will that child be? Will he be safe enough to and from school unharmed? each day? If you can't guarantee these things, I don't think you should have a child.
Post
Topic
Board Nigeria (Naija)
Re: A Bitcoin debate and discussion
by
Curious T
on 09/07/2025, 12:06:12 UTC
But one thing really stuck with me during our conversation. One of the men said, “Young man, if you ever want to invest in Bitcoin, make sure it is money that, if you lose it, you won’t feel any pain. Only invest what you can afford to lose.”

Any form of crypto trading is a risky business; people need to understand that. If you go into a business you don't know well and when you lose money you start shouting "scam" then you are a fool. Trading is something you learn and gradually get better at. So yes, you will not put in more than you can afford to lose, or else you'll lose an amount you can't come back from. People outside just feel it's simply buying and selling, but it's more than that. The worst are people who trade different shit coins and memecoins without fully understanding what they're doing
Post
Topic
Board Nigeria (Naija)
Re: Why was the Nigeria CBDC a failure?.
by
Curious T
on 03/07/2025, 19:46:05 UTC
From the first day I heard about the creation of the coin, it was obvious it would be a huge failure. I guess some people just stayed somewhere and figured out a way to launch a project where they will use to get money off the budget for themselves, because I see no reason Nigeria should have a coin at that time.
First of all, the country was and probably still against crypto, so why should people use your coin when you don't fully embrace crypto or bitcoin? They fess about accounts that made transactions labeled with anything related to crypto, yet they created a cryptocurrency. How does that make sense?

Secondly, nobody trusts the Nigerian government. The seriously cant expect people, which majority are youths to use their coin.
Finally, the coin is backed to the naira. I mean, that alone can hinder the success of the coin. Who wants a coin that is worth nothing and will always be worth nothing? There is a higher chance of the coin losing value that gaining value. The project was doomed from the very beginning and I think they knew that.
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Topic
Board Politics and society (Naija)
Re: Poor banking system in my country home.
by
Curious T
on 03/07/2025, 19:34:09 UTC
it's quite sad when I see my fellow country men speak so I'll of a situation as this in our country without making any proper research.
Did you know? That Nigeria is one of the few countries in Africa that permits easy inter-bank transfer, that is, different banks in the country co-operate and send and receive money interchangeably. Whereas some countries like south Africa do not.
In south Africa it's difficult to use a particular institution and try to transfer money to another institution sometimes it takes days and even weeks before transactions could be verified or approved. But in Nigeria it's as easy as abc but still we choose to find fault in the system when we should be thanking God that it's not as worse as the others around us.

I don't like it when somebody complains about something, and another person tries to act as if what the person said is false. There is nothing wrong with complaining about a thing that's wrong in our country, it doesn't mean you're not patriotic and pretending like a problem doesn't exist doesn't make you a patriot or whatever.

We know that in a lot of African countries, you can't make interbank transfers. I knew about things years ago because I have a friend in Cameroon, and she always complains to me about it. I was very surprised to hear about it, but as you can see, they're complaining about it because it's not convenient. You don't expect me to thank God that my situation is not as bad as in other countries. That makes you comfortable with mediocre, and you can't get better with that.

It's not just network issues. It's more than a network issue. My main issue is how they make simple things look very difficult and waste your time and stress you out. Then there's the bad customer service, both online and in the bank. I am a Nigerian who has used traditional banks in the country, and I know what I experienced. I haven't had such peace of mind since I started using an online bank. A simple email or complaint on the app can resolve a problem.
We shouldn't get used to incompetence, it's the reason the country is like this. We cheer politicians for doing the barest minimum.
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Board Bitcoin Discussion
Re: Dear Banks, Please Keep Printing More Money. (LOL)
by
Curious T
on 09/06/2025, 12:27:26 UTC
The book written by "Lawrence Lepard" discusses in detail the effects of printing money. When a country's central bank prints excess money, the effect is to cause inflation. Hyperinflation occurs when a country prints too much currency, as happened in Zimbabwe in 2000 and is currently facing an extreme situation in Venezuela.
When there is excessive inflation in a country, the value of the currency in that country decreases so much that even if you take a sack of money to the market, you cannot buy a kilogram of rice. In this situation, Bitcoin will play an important role in combating hyperinflation.

But somehow, politicians don't care about this. I can't understand it. Is it that they don't care, or they don't know, or they're just out of their depth?
In my country, they print it at will, but somehow keep accusing others of the reason for the currency taking a nose dive.
A person doesn't need a Harvard degree to know that if something is not scarce or if there is too much of a thing, it loses its value, so why do they keep printing money when they know it's hurting the currency and the people using it?
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Topic
Board Economics
Re: without investments would there be wealthy?
by
Curious T
on 12/05/2025, 22:54:07 UTC
I don't think I fully get your point, but what I know is that no one can actually be wealthy without investments. It doesn't matter what you do, as long as you're starting small, you need to have an investment if you have plans to be wealthy one day. You have to put your money to work for you.
The investment can be in any form. It can be in the form of a business, a financial investment or real investments; what matters is, you have to put your money to work.

If you earn money, even if it's a lot of money and you don't make that money create more money for you, then it will surely run out, but even if it doesn't, you won't be wealthy.
You see footballers, basketballers, artists, and actors looking for ways to have different businesses and have different investments, even though they make a lot of money, because they know that without investments, they will just go back to the bottom with time.
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Topic
Board Nigeria (Naija)
Re: FG don pass law way recognize Bitcoin
by
Curious T
on 03/05/2025, 11:12:18 UTC

I no see any much difference this new law go make sha because e go take better time before we go begin they see some changes in the way people view Bitcoin in the country. Alot of news has always associated the industry with failed investment and scamming.

E no go change anything. Aything way this government dey do na to first benefit themselves. Even with the law, you no fit still use anything related to "crypto" as your description of your money transfer. If you do am, your account fit enter trouble.
Even the SEC see Bitcoin and crypto like scam and anybody wey dey involved in am na scam.

I would think for this type of news it would be more concrete if it’s coming from a Nigerian news outlet. I am not doubting the source but I haven’t read anything like this coming out of Nigerian news sources I still stand to be corrected on my stand.
Let’s be honest people are still going about with their bitcoin activities even before this news that is to shows that the Nigerian government can’t stop the growth of cryptocurrency in the country.

How many new sources in Nigeria are more reliable than Forbs? And how many of them tat are reliable will take something like crypto news are something they can report? If is not propaganda for the government, its mainly controversies that drive traffic.
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Board Bitcoin Discussion
Re: Did ETFs really make Bitcoin attractive to investors?
by
Curious T
on 03/05/2025, 10:55:52 UTC
This means that as more and more institutional investors are getting into ETFs, it could possibly mean that Bitcoin will become more stable (less volatile).
But the question is: can we still expect huge price increases like 10x or even 100x.. like many early investors hoped for?

Yes, we can expect more price increases. 10x is still possible because there's still demand for Bitcoin. ETF also brings new investors, and all these demand for bitcoin. More corporations and individuals are buying bitcoin, which increases more demand for bitcoin. As long as there is demand, we can expect more price increases.
The thing is, don't expect 10x and 100x over a year. We know by now that Bitcoin doesn't work like that. It did not do 10x in a year; it did it over a couple of years, and the more halving it gets, which reduces the supply, the more scarce it will become. If the demand remains constant or increases while the supply reduces, the price will definitely keep going up.
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Topic
Board Nigeria (Naija)
Re: Hope you are giving review to the recent P2P scammers
by
Curious T
on 29/04/2025, 20:25:25 UTC
At this point, I believe it's negligence from the exchange because people have been making these complaints for a while, and they've done nothing about it. They have not paid any interest to the complaints. I believe if they start banning accounts of culprits as example the rest will take note and stop.
There's nothings others can do aside reporting the accounts that do that, but if after reporting and the exchange doesn't do anything about it, the best advice is to look for another exchange.
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Topic
Board Beginners & Help
Re: Keep your Bitcoin Fund safe, Be wary, Be Safe before Clicking
by
Curious T
on 29/04/2025, 04:30:58 UTC
A safest practice is don't check link, don't click on link from strangers. You don't have to mind about links sent to you by strangers and don't need to waste your time for checking whether those links are safe.

Practically speaking, is there a way you can be on the internet without clicking links entirely? I don't think so. I mean, the OP posted links, and you also posted links, so if I don't click on the links posted, I won't learn about what the link contains.
I receive emails that require me to click links from streaming services, work related and other stuff, so personally speaking, I don't see how I can avoid clicking links entirely. All I can do is try not to click links that look suspicious. I know it's a flawed way, but I can't decide not to click links.
I'm super careful about the source of where it came from and other stuff because I know hackers can pretend to be something else and send me an email.
The good thing is emails from unverified sources usually go to "spam" but I'm still careful nonetheless.
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Topic
Board Beginners & Help
Re: Investment Challenges and Solutions
by
Curious T
on 29/04/2025, 03:51:01 UTC
When it comes to this "fractional shares", I always see it as one of those things that make sense in theory, but when it's time to be practical, it might not work out well. Because of that, I just assume it's me who doesn't know how the fractional share and the stock market entirely really work. 

From the article posted:
Quote
However, this is changing as significant brokerage firms make it easier to buy fractional shares directly. This change allows you to specify how much money you want to invest in a company instead of how many shares you want to buy, and you can buy a tiny piece of a share if your financial investment isn’t enough to buy a whole one.

The average increase of a stock price yearly is 10%, so how much are you going to make with your fractional share in a year?
Let's assume the share price is $1000 and you buy 20% of that as a fractional share share which is $200. If there's a 15% increase in the share price at the end of the year, that's just about a $30 profit after a whole year. Even if you want to hold it for a long time, the profit at the end of those years won't be worth the time. Certainly, there can be other investments that can give you more than that in that same period.
Buying a single share is not that profitable, not to mention buying fractional shares.
This is why

I need someone who understands the stock market to explain this better to me if I'm getting it wrong.
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Board Bitcoin Discussion
Re: A university in Spain has now launched a master's degree to teach Bitcoin
by
Curious T
on 28/04/2025, 18:02:22 UTC
I saw this from the article you posted.
Quote
The program will address Bitcoin’s philosophy, history, economic implications, technological foundations, regulatory challenges, and business development strategies.
I don't think I need a master degree to know these things about bitcoin. Aside the business development strategy which is a huge "if", I don't think there's anything here that you can learn online and on this forum. All these are basic things that anybody who actually wants to learn about bitcoin will learn by himself.  I'm not saying its a bad initiative, but I feel it should be deeper than this. They could focus on the more technical and more complicated part of it.



Post
Topic
Board Nigeria (Naija)
Re: E get any risk if person dey always trade with one P2P merchant for inside excha
by
Curious T
on 24/04/2025, 11:17:46 UTC
Them go get Ur real name from you account and also dem go get your phone number. I no no if you de aware sha but U fit get pesin name from him phone number without WhatsApp sef. E fit no mean sha oo depending on you but personally I no like local exchange like that.

Some merchant dey like ask for phone number so them fit call you in case you dey delay to release coin, so e no necessary say na person wey you dey deal with steady alone go get you personal details. Even without dropping your phone number most people dey use online banks for P2P transaction and most of those banks dey use phone number as account number, so your phone number dun already dey exposed.
If you use traditional banks, for the account number alone sef, them fir get your real name so I no sure say these na wetin person suppose to dey look because all these information dun already dey exposed one way or the other when you do P2P trading for exchange.