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Crypto-Currencies Ban: Top 5 Reasons Buhari Banned Bitcoin By Drkemi

by myeduproject February 6, 2021
written by myeduproject February 6, 2021
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Crypto-Currencies Ban: Top 5 Reasons Buhari Banned Bitcoin By Drkemi

See Survival Fund: Guaranteed Offtake Stimulus (GOS) Starts Feb. 09, 2021- See Requirements

Crypto-Currencies Ban: Top 5 Reasons Buhari Banned Bitcoin By Drkemi: A renowned internet Journalist and Pharmacist has given her thought on the reasons the Buhari led Government banned the buying and selling of cryptocurrencies (Bitcoin) In her opinion, the government is not transparent in her policies and hence, lags the mechanism and framework in curtailing wide economic issues

EFCC cannot access BTC accounts of youth due to password restrictions

Unlike the normal traditional banking institutions, where the Apex Bank and other Banks can easily monitor the activities of owners of bank accounts, it is very impossible with crypto currencies, hence the ban

Northerners are losing $£€ changing biz due to Covid-19

The Northerners are the major dealers in Foreign Exchange, the Covid-19 pandemic has wrecked hardship and fall in the FX market, banning crytocurrencies (Bitcoin) will further make people use the FX medium    

Bleep up #Endsars organizers donations

The endsars movement is still a major blow in the buhari administration, all effort to have it stopped must be enforced, including illicit donations from within and outside the country

Bleep up #Endsars organizers donations

The endsars movement is still a major blow in the buhari administration, all effort to have it stopped must be enforced, including illicit donations from within and outside the country

Bleep up Sunday Igboho Donations

The Sunday Igboho dealing with herdsmen and the wide support he enjoyed, made the Federal Government to banned the use of crytocurrencies to avoid monitory donation to the said activist

Suffer Nigerian youth

Kemi noted that, the Federal Government don’t want Nigerian Youth to be financially free, enhance the ban. By banning the usecrytocurrencies, more youth would be frustrated, thus increasing crime rate and restiveness

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