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48 thoughts on “Binance staff detained in Nigeria as country claims crypto investments are devaluing its currency | Onlyinvesting.info”
Country’s, including the USA are continuing to issue massive debt and are devaluating their own currencies. Of course, they want to blame everyone else for their mistakes.
Darwin. Survival of the fittest. BTC is absolutely devaluing the Naira as it will inexorably every other fiat token including the US dollar. The apex predator is hungry. It's still early days. It's not too late to save yourself. You can still become the hunter and not the hunted. No fun being poor.
Most people will miss or gloss over the real world use case for Bitcoin on this topic. When a government is headed into hyperinflation, they will panic and attempt to shut the exits. One exit they can never fully shut though, is an exit to Bitcoin. The literal use case of Bitcoin as a store of value that the government cannot confiscate from you is playing out for Nigerians. When something like this occurs, you cannot take your assets with you across the border, they will be taken. They cannot, however, take the 12 words you memorized out of your brain.
Cryptos shine light on rotting monetary policies and over inflated fiat currencies. BTC is the world's first genuinely hard asset that cannot be manipulated by any government or entities. It's that simple.
3rd world actors. Dangerous to freedom ! And Brandon is allowing anyone to cross into the United States illegally! If they cant wall here he'll fly them here on the U.S. taxpayer's dime.
"Do you think that the NIgerian government is trying to scapegoat crypto to cover up the fact that their own policies have caused the collapse of their own currency."… 😂🤣😂🤣 Congrats, mainstream media. In less than a month you've gone from criticizing and fudding crypto yourselves to projecting that BS onto other countries now that you've gotten your new marching orders. Bravo!!! 10/10 pivot 😂The hypocrisy is unmatched.
You can LITERALLY take every critique made in this video against Nigeria and apply it to America 😂Like you idiots haven't been cheering on the SEC's actions for the last 2 years. This is amazing. Do you even listen to yourselves when you "report?"
Stop lying it all about self custody making sure crypto don't help retail investors , and foreign policy Nigeria got with foreign nation put Pressure on Nigeria government to get Binance out Nigeria for Helping the poor people Nigeria Should Not borrow your weak Currency World Bank and IMF, Wrong Narrative
😂 LOL…RURAL FOLKS HAVE HAVE CRYPTO WALLETS IN NIGERIA NOT JUST THE RICH ….THE RICH IN NIGERIA ARE THE ONES WHO WORK WITH GOV TO CRACK DOWN ON BITCOIN CRYOTO..
Country’s, including the USA are continuing to issue massive debt and are devaluating their own currencies. Of course, they want to blame everyone else for their mistakes.
Nigeria: We will trade your bananas for our dirt. Be gone.
Coinbase is corrupt. Close it down.
SMALL GROUP WEALTHY WHILE OTHERS SUFFER AND NO MIDDLE CLASS —- HELL SOUNDS LIKE AMERICA
Crypto is the enemy of the big banks.
That would be a list of Nigerias 100 top scammers. Their top traders and scammers are one in the same.
Meh corrupt officials just want to get paid in bitcoin
Crypto will free Nigerians from corrupt government! Let’s gooo
Coming to the USA soon
Wait until the u.s trys this
Darwin. Survival of the fittest. BTC is absolutely devaluing the Naira as it will inexorably every other fiat token including the US dollar. The apex predator is hungry. It's still early days. It's not too late to save yourself. You can still become the hunter and not the hunted. No fun being poor.
Most people will miss or gloss over the real world use case for Bitcoin on this topic. When a government is headed into hyperinflation, they will panic and attempt to shut the exits. One exit they can never fully shut though, is an exit to Bitcoin. The literal use case of Bitcoin as a store of value that the government cannot confiscate from you is playing out for Nigerians. When something like this occurs, you cannot take your assets with you across the border, they will be taken. They cannot, however, take the 12 words you memorized out of your brain.
Thats aweful, prey for their safety. Being kidnapped is traumatizing
this may get turbulent
The only use cases for all these crap_coins… scams & illigal activity. The eventual rug-pull will be EPIC!
Flight to quality.
US dollar is done.!!
Ha ha, Bitcoin is the solution to the fiat currency. Try again losers.
I hope Nigeria mass adopts Bitcoin just like El Salvador and Venezuela.
LoL. Binance is hurting their currency ? I guess drunken fiat Money printing has nothing to do with it. 😮
GameStop ! WontStop! 😎
Cryptos shine light on rotting monetary policies and over inflated fiat currencies. BTC is the world's first genuinely hard asset that cannot be manipulated by any government or entities. It's that simple.
Anyone who want to ban Crypto is corrupt 😊
3rd world actors. Dangerous to freedom ! And Brandon is allowing anyone to cross into the United States illegally! If they cant wall here he'll fly them here on the U.S. taxpayer's dime.
Good
Possible they're not getting enough kickback from the crypto
Nigeria 😂
Bitcoin doesn't "cause" currency crisis, it exposes fiat crisis.
"Do you think that the NIgerian government is trying to scapegoat crypto to cover up the fact that their own policies have caused the collapse of their own currency."… 😂🤣😂🤣 Congrats, mainstream media. In less than a month you've gone from criticizing and fudding crypto yourselves to projecting that BS onto other countries now that you've gotten your new marching orders. Bravo!!! 10/10 pivot 😂The hypocrisy is unmatched.
You can LITERALLY take every critique made in this video against Nigeria and apply it to America 😂Like you idiots haven't been cheering on the SEC's actions for the last 2 years. This is amazing. Do you even listen to yourselves when you "report?"
Maybe Nigeria should replace their currency with Bitcoin like El Salvador has done. Bitcoin solves a lot of problems.
whats with all the bald coinbase dudes lol
Stop lying it all about self custody making sure crypto don't help retail investors , and foreign policy Nigeria got with foreign nation put Pressure on Nigeria government to get Binance out Nigeria for Helping the poor people Nigeria Should Not borrow your weak Currency World Bank and IMF, Wrong Narrative
Binance? Yeah, it couldn't have happened to a more deserving bunch of folks.
CNBC always defending crypto
Oh yes it’s crypto’s fault they print money like crazy 😂.
I wonder if this was the works of the CIA, lets not forget all fiat currencies are collapsing and gobernments what to take the life boats away
Can't stop what's already hear crypto is the new kid on the block better get used to it
Bitcoin fixes this. Crypto is a scam.
It’s an attempt to recoup the money these people used to buy bitcoin.
Government is terrible no matter where you are!
They came to exploit, destroy and destabilize Nigerian economy.
Nigeria better be careful. Bitcoin and cryptos are the future. They might be destroying their economic future. I would go there if you paid me.
I can't believe Nigeria is picking that fight with crypto instead of embrace the technology . Soo corrupto country
They got robbed, plain and simple. I wonder how much Binance paid to get out of there before they were jailed?
Nigerian govt is a corrupt government. This is a shake down. There no political repercussions. You don't know what you're talking about
Crypto will continue to be blamed for the fall of all fiat currencies. Watch and wait!
Tiny group of thieves cos 99.9%of rich nigerians stole from the country’s treasury
😂 LOL…RURAL FOLKS HAVE HAVE CRYPTO WALLETS IN NIGERIA NOT JUST THE RICH ….THE RICH IN NIGERIA ARE THE ONES WHO WORK WITH GOV TO CRACK DOWN ON BITCOIN CRYOTO..