Nigeria government watin happen ?

[Tribalchief]

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It's just disappointing to see a government that openly speaks of and enjoys their lack of support for the masses by implication.. Just as you talk am, no be say them no know the benefits e go give their supposed people (because I wonder if them get another country wey them dey take care of based on their doings for we 9ja)..
Maybe crypto no dey favor them or them wan use am punish person (all this one I just dey assume because there has not been a tangible reasons), talking about bad economy, is it not disappointingly dissatisfying how it is just an obvious come back of their inability.
Thanks heaven since them no dey in charge of the internet, na 2 dey careful Sha..

I sometimes see them as monopolizers(if there is any word like that). I.e they enjoy something, and don't really want others to enjoy same thing. don't be deceived, some of these government officials have some digital assets in their possession. How will crypto favor them when they are not willing to embrace and give their full support. Or are there further selfish reasons that isn't favoring them more, which has made them decline the use of cryptocurrency?.

Incase you don't know, one of the biggest fear of the government is for the majority of the youths to be financially independent. Because if the youths are financially independent and satisfied with their basic needs of life, then it will take extra effort for the government or politicians to mislead them or use them as fighting instruments.

Cryptocurrency in Nigeria was already serving as an escape route for the youths to uplift themselves, until the government figured it out and started doing everything in their power to stop it, or make it very difficult for the community.

[The transformer]

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It's just disappointing to see a government that openly speaks of and enjoys their lack of support for the masses by implication.. Just as you talk am, no be say them no know the benefits e go give their supposed people (because I wonder if them get another country wey them dey take care of based on their doings for we 9ja)..
Maybe crypto no dey favor them or them wan use am punish person (all this one I just dey assume because there has not been a tangible reasons), talking about bad economy, is it not disappointingly dissatisfying how it is just an obvious come back of their inability.
Thanks heaven since them no dey in charge of the internet, na 2 dey careful Sha..

I sometimes see them as monopolizers(if there is any word like that). I.e they enjoy something, and don't really want others to enjoy same thing. don't be deceived, some of these government officials have some digital assets in their possession. How will crypto favor them when they are not willing to embrace and give their full support. Or are there further selfish reasons that isn't favoring them more, which has made them decline the use of cryptocurrency?.

Incase you don't know, one of the biggest fear of the government is for the majority of the youths to be financially independent. Because if the youths are financially independent and satisfied with their basic needs of life, then it will take extra effort for the government or politicians to mislead them or use them as fighting instruments.

Cryptocurrency in Nigeria was already serving as an escape route for the youths to uplift themselves, until the government figured it out and started doing everything in their power to stop it, or make it very difficult for the community.

For sure na, monopolizer dey English dictionary (maybe hausa igbo and Yorba go get exact word foram too)
I wonder ooh, this your analysis make sense. Dem to disarm youths for tireless manipulations... 

[Promocodeudo]

My fellow Nija people watin dey sup? After all the hardship and high cost of living way the government don cause for the country them wan Still block Nigeria access to binance?
But I been think say recently the Nigeria SEC been don openly embrace crypto ? Abeg make una tell me watin dey sup for this place because the matter don dey pass becareful o...

The Nigerian government don't really have plans for the country or should I just say that they have misplaced priorities. I still don't know the reason for trying to stop the use of cryptocurrency. The government has also made it clear that bank accounts with traces of crypto transactions should be blocked, any transaction containing any crypto related term in the description would be automatically blocked, this is actually very concerning but no matter what happens People will continue using cryptocurrency in Nigeria. The government has failed the people, after not been able to provide jobs they want to restrict people  from what puts food their table

How would they have plans for Nigeria when the derive joy in looting the country treasury, it is unfortunate that we keep having the same people with the mindset in the helm of affairs of Nigeria, I think Nigeria don't want to grow in terms of technology am saying this because a country that want to grow technologically will not want to frustrate technology settings instead they they will embrace it and figure out how it will help their economy, Nigeria is still far from the present day  reality, many countries has embraced digital asset like bitcoin for a very long time and they have been able to understand the usefulness of the technology thats accompanied with it, many countries has been generating tax through digital asset, is no longer a news but instead Nigeria is busy making things difficult for the existence of the said asset.
The thing is that it is impossible for them to totally frustrate Bitcoin and cryptocurrency generally because people will always have alternative means of scaling through their unsupportive sanctions of crypto related stuffs

[Tribalchief]

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How would they have plans for Nigeria when the derive joy in looting the country treasury, it is unfortunate that we keep having the same people with the mindset in the helm of affairs of Nigeria, I think Nigeria don't want to grow in terms of technology am saying this because a country that want to grow technologically will not want to frustrate technology settings instead they they will embrace it and figure out how it will help their economy, Nigeria is still far from the present day  reality, many countries has embraced digital asset like bitcoin for a very long time and they have been able to understand the usefulness of the technology thats accompanied with it, many countries has been generating tax through digital asset, is no longer a news but instead Nigeria is busy making things difficult for the existence of the said asset.
The thing is that it is impossible for them to totally frustrate Bitcoin and cryptocurrency generally because people will always have alternative means of scaling through their unsupportive sanctions of crypto related stuffs

I think, we have to understand that there is a big difference between having a "president" and having a "president who is a head". In the case of Nigeria, we definitely have a president, but is he acting as a head?, Well, that's a question for you to answer. Take El Salvador for example. Their president (Nayib Bukele) is literally acting as a president and also as a head. Most of the flexibility in terms of regulation that Bitcoin gets in El Salvador were implemented by him. He is not just young, but as well up-to-date with current happenings. President Nayib Bukele knows very well that the world is fast growing beyond the old financial system.

I even sometimes watch videos of how Bitcoin enthusiast teaches El Salvadorian students in class about Bitcoin, Lightning network, Bitcoin mining, how to perform transaction, and so many other things. But here in Nigeria, parents are charged heavily to buying textbooks, whether it be necessary or not. I even doubts if majority of those in power knows what Bitcoin is aside the general fact that it is a money. We really have a long way to go as a country.

[rachael9385]

See to be sincere this our naija like this our leaders no know where dey worry them u see today them talk like this tomorrow them change mouth.
Nigeria government and their declaration na one major reason why person no need to keep money for him wallet no matter what cause their head fit touch at anytime them make one declaration funds just hang there pending. We get many things wey be the problem of the country but that one no concern them they want put eyes for the street success.

[bitebits]

See to be sincere this our naija like this our leaders no know where dey worry them u see today them talk like this tomorrow them change mouth.
Nigeria government and their declaration na one major reason why person no need to keep money for him wallet no matter what cause their head fit touch at anytime them make one declaration funds just hang there pending. We get many things wey be the problem of the country but that one no concern them they want put eyes for the street success.

The situation which you have described is quite typical to the level of volatility, which people in Nigeria experience. It is human nature to be confused when the leader in charge is always shifting from one stand to another or there are shifts in the leadership’s stand within a short time. This brings about a sense of inhabitation in formulating for the future, and therefore most individuals settle for living narrowly with.posts repairs and reactionary mechanisms. Those governments that time their policy announcements with confusion or ambiguity make the situation worse as it becomes risky for individuals to invest or save towards their future.

But the fact that governments are busy with things that do not effectively solve the problem indicates a lack of fit of what the people want and what the leaders offer. This kind of restlessness brings many people to the idea that the tasks which should be more focused and discussed extensively including security, economical issues, and their people’s well-being are not paid much attention. It causes individuals to seek other ways of sustaining themselves other than those afforded by “organization”, such as “street success”. Therefore, there is an urgent need for the authorities to pay close attention to this case in a way that the policies they implement depict what the larger community needs and expects.