Can Bitcoin help to reduce crime?

[Egii Nna]

Bitcoin no fit help reduce crime for crime still dey go higher higher though I believe it would have been worst if not for crypto, if we notice well we will see that somany person has involve there self into crypto currency investment but you will still notice that the high rate of crime is much but I believe it would have been worst if not for crypto because crypto currency and other online investment has kept some many mind busy and away from thinking about committing crime, for there is a saying that goes thus that an idol man is a devils workshop. I think it is the Government that can help to reduce crime.

Expectations wey we day carry give government don they too much, nah why anything wey come up we go put all hope for government be that let take an instance of bitcoin to stop all this criminal act why be say many youth day join robbery or yahoo nah because say e day very easy to join so why not we try that strategy for crypto investment nah.

If a yahoo boi succeeds him go open HK. Nah this place him go take the responsibility of this upcoming bois him go day feed them join and him go dat teach them yahoo after then cash out him get him own percentage so let say nah so you go cry space to teach people how to lear crypto and you fit give them some money to start u after they get profit you go collect back your money and some percentage in this place help them Abi you no help them? All this boi nah lack of capital they make them do this and you provide that we day you no go lose but for naija anybody wey open crypto academy the money we him go collect for feed 10 people for lie 3 month how did you expect per we no get kobo to join am?

[Mr.right85]

I think if there is adequate sentization of Bitcoin in our society it will help in the reduction of crime because many people that are involve in some fraudulent activities today would venture into Bitcoin and be making a reasoning resource from Bitcoin if really inconcated with the actually knowledge and information to be successful in the system.   

Eventually, crime wasn’t a major consideration with the Bitcoin innovation given that, this is supposedly a currency for everyday use by anyone around the globe and being a decentralized currency that exists within the web, it’s been used by many for the wrong reasons as well as the right reason, it wasn’t meant to checkmate crime but, at the CEX level, this can be easily traced back with measures been taken to apprehend and contain criminal masterminds but, it wasn’t the purpose as I know it:

[Blink star]

Bitcoin can only reduce crime rate in the society for the ones who knows how to read and write because someone who don't go to school can't just wake up one morning and start talking about Bitcoin. The important thing is anything that has positive also have negative... Bitcoin can reduce crime and can not also reduce crime.

[Makus]

Bitcoin can only reduce crime rate in the society for the ones who knows how to read and write because someone who don't go to school can't just wake up one morning and start talking about Bitcoin. The important thing is anything that has positive also have negative... Bitcoin can reduce crime and can not also reduce crime.

Though you correct sha, as people need education to be able to understand and thrive in crypto but I just wan ask you weda, people wey no go school, no dey use bank? For our country both the educated and uneducated persons dey fit use phone, sometime our mama dem go call is to help dem dail person number or save number wey dem fit dey call. And small small dem fit do am by them selves. But talking about Bitcoin even if then no fit make trades and transactions by themselves dem fit call one of their trusted children to help dem dey make transactions. Majority of persons in this world are getting digitalized but the few wey no fit meet up, no problem, because no matter how people adopt reach, no be everybody go fit hold Bitcoin, some by choice while others Na by restriction.

[Nonstop_H]

Although, there are so many factors facilitating the increase in the rate of crime in our society but if we critically deepdown on the root of incessant increase of crime and other criminal activities in our society today it will be so notable that poverty and unemployment especially among the youth are the major anchor to the increase in crime and criminal activities in the society. I think if there is adequate sentization of Bitcoin in our society it will help in the reduction of crime because many people that are involve in some fraudulent activities today would venture into Bitcoin and be making a reasoning resource from Bitcoin if really inconcated with the actually knowledge and information to be successful in the system.   

Op that sound good in the ear, creating a thread that that will curtail the rate of crime expecially among the youth is nice, it is said that a labourer deserve wages, as you go about in life to to work, you also need patience to get ur wages, Bitcoin as we all know is not a get rich quick scheme, one of the problem of crime perpetrators is inpatient. Otherwise why will a youth who has both hands and leg and healthy prefer to comit crime.instead of to labour be patient and get paid or wages for your labour.

[Tungbulu]

Bitcoin can only reduce crime rate in the society for the ones who knows how to read and write because someone who don't go to school can't just wake up one morning and start talking about Bitcoin. The important thing is anything that has positive also have negative... Bitcoin can reduce crime and can not also reduce crime.

Though you correct sha, as people need education to be able to understand and thrive in crypto but I just wan ask you weda, people wey no go school, no dey use bank? For our country both the educated and uneducated persons dey fit use phone, sometime our mama dem go call is to help dem dail person number or save number wey dem fit dey call. And small small dem fit do am by them selves. But talking about Bitcoin even if then no fit make trades and transactions by themselves dem fit call one of their trusted children to help dem dey make transactions. Majority of persons in this world are getting digitalized but the few wey no fit meet up, no problem, because no matter how people adopt reach, no be everybody go fit hold Bitcoin, some by choice while others Na by restriction.

Inasmuch as Bitcoin don stay Tay for the world, we no fit overlook the fact say it's still relatively a new technology, compared to other technologies that have been and still in existence, and it'll still take several years for Bitcoin to gain mass adoption, although millions of people around the globe are actively involved in the cryptocurrency business, but compared to the overall population of the world, you'l go know say plenty people never even dey involved for Bitcoin, that is to say that bitcoin still need more time to reach that level of mass adoption wey traditional banking systems don attain.

So when time reach wey Bitcoin go gain such popularity for this world, both old folks them go follow use am too, but for now, the thing go too dey complex for them, even when you explain am for them, them fit talk say na scam self.

[Makus]

Inasmuch as Bitcoin don stay Tay for the world, we no fit overlook the fact say it's still relatively a new technology, compared to other technologies that have been and still in existence, and it'll still take several years for Bitcoin to gain mass adoption, although millions of people around the globe are actively involved in the cryptocurrency business, but compared to the overall population of the world, you'l go know say plenty people never even dey involved for Bitcoin, that is to say that bitcoin still need more time to reach that level of mass adoption wey traditional banking systems don attain.

So when time reach wey Bitcoin go gain such popularity for this world, both old folks them go follow use am too, but for now, the thing go too dey complex for them, even when you explain am for them, them fit talk say na scam self.

Not too go far, ma bro. Currently like this many of our old men for house still dey tell us say one day this tin fit crash come latter be scam, say make we mind the amount wey we put inside. No matter how hard we try to explain dem no dey gree, but if to say our government don legalize am to the extent wey we dey use am for our daily transactions sef e for make plenty person believe say Bitcoin no be scam and that go increase the amount of investors for this network. I no know why many of the governments dem no wan free learn from EL Salvador. You can imagine the growth and success wey Bitcoin don carry out for El Salvador body since when dem accept am as legal tender, but yet government go dey think say Na Bitcoin wan fall Thier economy.

[Tungbulu]

Inasmuch as Bitcoin don stay Tay for the world, we no fit overlook the fact say it's still relatively a new technology, compared to other technologies that have been and still in existence, and it'll still take several years for Bitcoin to gain mass adoption, although millions of people around the globe are actively involved in the cryptocurrency business, but compared to the overall population of the world, you'l go know say plenty people never even dey involved for Bitcoin, that is to say that bitcoin still need more time to reach that level of mass adoption wey traditional banking systems don attain.

So when time reach wey Bitcoin go gain such popularity for this world, both old folks them go follow use am too, but for now, the thing go too dey complex for them, even when you explain am for them, them fit talk say na scam self.

Not too go far, ma bro. Currently like this many of our old men for house still dey tell us say one day this tin fit crash come latter be scam, say make we mind the amount wey we put inside. No matter how hard we try to explain dem no dey gree, but if to say our government don legalize am to the extent wey we dey use am for our daily transactions sef e for make plenty person believe say Bitcoin no be scam and that go increase the amount of investors for this network. I no know why many of the governments dem no wan free learn from EL Salvador. You can imagine the growth and success wey Bitcoin don carry out for El Salvador body since when dem accept am as legal tender, but yet government go dey think say Na Bitcoin wan fall Thier economy.

The difference between El Salvadoran government and Naija government long, as small as El Salvador dey, you still no fit compare am with our own country because the difference loooong.
That case na pure example of leaders wey get vision and better plan for their country and citizens, and they gradually dey work towards am. Before who Sabi El Salvador, but after their new presido choose to adopt Bitcoin on a very large scale, na so the country just turn around.
News been come out that time say the presido announce say the country itself go dey buy 1btc every day, which i believe never dey for him own personal investment.
Just imagine say them buy 1btc every single day until the next bull run, you know how much profit wey the country go get for their reserve?

Naija government too dey greedy to take such bold step walahi, because instead of legalized bitcoin, them go reason how much them go lose from stealing citizens money all in the name of saving their money in the bank and how much tax them fit no collect from people, because with Bitcoin everybody go dey in charge of their own money without government telling them wetin to do or how to move their money, this go make them always dey fight crypto, except better leader enter seat, leader wey get the interest of the citizens for mind.