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Author Topic: Government no get power over ur BTC investment.  (Read 372 times)
BitBakerr1 (OP)
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February 23, 2025, 02:15:51 PM
 #1

For this our country you fit open one investment today and for future the the government of the state way you they build the investment or the federal government bring out one policy way go scatter that your investment, some people done become poor today because of things like this for this our country, e get one man way I know en tell me say when en been they work en just they try they use en money they build small estate so that when en go retire en fit see where en go they see small small money after en building finish government con they build road them con map out that area way en House they and en house they for the road say the money way government give am no even reach to buy and land and build same estate say no so en take lose en estate.
Bitcoin investment they save government policy no fit affect am even if another civil war happen for Nigeria e no go fit affect am e go dey very safe for you, just use hardware Wallets or Non-Custodial Wallets so as to prevent hacks.

Nothing sweet pass reach when you get investment way Nigeria government no fit control or influence, your financial status for future go they sure for you compare to investment way Nigeria government get power and influence over.











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Tbillion
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February 23, 2025, 02:26:29 PM
 #2

True talk government know get power over person BTC investment. Because na person use him energy and time they struggle to make him life better. If the government get the masses for mind, we for done they in a better position for life. But as the world they go global things they change, so even government suppose take time look their decisions concerning development so that he know go affect people way don put effort into things way go better their lives.
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February 23, 2025, 02:42:35 PM
 #3

Every investment get im own disadvantage, government fit still ban cryptocurrency and you no go fit use am again until you leave the country. BTC dey decentralized and no entity dey control am, but e no mean say other investments like real estate dey bad, even though that one get in own disadvantage too. No forget say na only when you keep your bitcoin for non-custodial wey government no get power over am, if e dey custodial wallet, dem fit push some buttons to confiscate it if dem suspect you of something.

 
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BitBakerr1 (OP)
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February 23, 2025, 03:25:43 PM
 #4

Every investment get im own disadvantage, government fit still ban cryptocurrency and you no go fit use am again until you leave the country. BTC dey decentralized and no entity dey control am, but e no mean say other investments like real estate dey bad, even though that one get in own disadvantage too. No forget say na only when you keep your bitcoin for non-custodial wey government no get power over am, if e dey custodial wallet, dem fit push some buttons to confiscate it if dem suspect you of something.

I mentioned storing your your Bitcoin in non custodial wallet hardware Wallets or Non-Custodial.
Even if government pan cryptocurrency your Bitcoin will still be save in your hardware Wallets or Non-Custodial Wallet so bitcoin investment is very safe, other investment if government should come for it is finished.
Is true that Bitcoin investment has its own disadvantages however is more better than other investment government policy can affect or bring down easy.











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February 23, 2025, 04:07:23 PM
 #5

Yes normally government no get power over your bitcoin investment, but government policy can affect your bitcoin investment. if we can remember there was a time cryptocurrency transactions was prohibited in Nigeria, which was at the result of Nigeria government policy. So if we check and balance an, government policy fit still affect your bitcoin investment in one way or the other.

For example now if Nigeria government banned cryptocurrency from Nigeria that means you can't be able to use cryptocurrency in Nigeria, unless they lift the banned, in such case government policy don affect your bitcoin investment be that.

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February 23, 2025, 04:15:43 PM
 #6

This one na normal thing wey every Nigerians suppose know. And i happy say na so thing be o if not we for hear am for this country. Imagine how everything we wan do for this country the government they put eye well for the thing then con imagine say Bitcoin na something wey be say the government fit control. That means e done be for us for Nigeria na. Because as we they struggle they get am na so the government they use tax and other means which they for bring out to collect everything from us then leave us with the smaller things.

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February 23, 2025, 04:39:05 PM
 #7

Bitcoin was created against government absolute control, they can only regulate our usage but can not stop us from participating, i know my country people for sure, even with any ban from the government, most persons dey with good routes to use cross the banned policy by the government. Government doesn't have full control over the market reason why we need some of our holdings as Bitcoin and not just for banks, advantage of Bitcoin investment also be say, dey help fight inflation over our investment capital unlike business managed with local currency, as soon as inflation occur the value of funds go just reduce.


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February 24, 2025, 08:29:43 AM
Merited by Promocodeudo (1)
 #8

For this our country you fit open one investment today and for future the the government of the state way you they build the investment or the federal government bring out one policy way go scatter that your investment, some people done become poor today because of things like this for this our country, e get one man way I know en tell me say when en been they work en just they try they use en money they build small estate so that when en go retire en fit see where en go they see small small money after en building finish government con they build road them con map out that area way en House they and en house they for the road say the money way government give am no even reach to buy and land and build same estate say no so en take lose en estate.
Bitcoin investment they save government policy no fit affect am even if another civil war happen for Nigeria e no go fit affect am e go dey very safe for you, just use hardware Wallets or Non-Custodial Wallets so as to prevent hacks.

Nothing sweet pass reach when you get investment way Nigeria government no fit control or influence, your financial status for future go they sure for you compare to investment way Nigeria government get power and influence over.
Bitcoin independence on any government policy to grow is one interesting thing about it and if you look at it very deeply you will discover that because it is excepted from government policies and decision making that's why it's difficult for it to collapse anytime
If the government were to be in control or affect the Bitcoin in any way I bet Bitcoin will definitely not be where is it today government has  way of destroying investments just to align it in there favour as long the government is benefiting wether the system collapses or grows it doesn't concern them they will suck until they suck out the last drop of it
What if a law is passed today that your Bitcoin must be alienated with government and government controls your wallet and monitors it what do you think of it in a few years I think it will gradually loose it's value until it is completely useless because that's what our government can offer us it's quite unfortunate that the system is so messed up to this point but nevertheless we hope for a better tomorrow with Bitcoin continuous independence

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February 25, 2025, 07:55:34 AM
 #9

For this our country you fit open one investment today and for future the the government of the state way you they build the investment or the federal government bring out one policy way go scatter that your investment, some people done become poor today because of things like this for this our country, e get one man way I know en tell me say when en been they work en just they try they use en money they build small estate so that when en go retire en fit see where en go they see small small money after en building finish government con they build road them con map out that area way en House they and en house they for the road say the money way government give am no even reach to buy and land and build same estate say no so en take lose en estate.
Bitcoin investment they save government policy no fit affect am even if another civil war happen for Nigeria e no go fit affect am e go dey very safe for you, just use hardware Wallets or Non-Custodial Wallets so as to prevent hacks.

Nothing sweet pass reach when you get investment way Nigeria government no fit control or influence, your financial status for future go they sure for you compare to investment way Nigeria government get power and influence over.
Yes bitcoin is safe and  very reliable but this man's case wouldn't have happened if he had done the necessary finding during the acquisition of the said property. If he had don his due dulligence and gotten the necessary information and documents and being sure that the property doesn't encroach on the government's path. It's sad to hear such news and it won't even be the last of such news that'll be heard. Every business is tricky especially if you don't do your due diligence and get hands on knowledge on your investments, in a twinkle of an eye everything you worked for will be pulled from you. So my advice is in any business or investments at all, do your due diligence and have updated information regarding any investment. It'll save you a big deal of inconvenience.

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February 25, 2025, 08:19:57 AM
 #10

just use hardware Wallets or Non-Custodial Wallets so as to prevent hacks.
Using hardware or a non Custodial wallet can't prevent you from hacks but we all know it's more secure than using a custodial wallet because when it's not your keys then it's not your coin, which means someone can control your funds instead of you having full control over it.
Hence, you are actually the first breach to your wallet, the way you manage your wallet will determine if it will get compromised or not so take good care and measures in securing your wallet if you have one, using a noncustodial wallet or HW wallet doesn't guarantee "hack free"

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Cityhunter34
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February 25, 2025, 08:47:48 AM
 #11

As far as I know Bitcoin investment is the best for us to always rely on because know single entity have control over it, all you just need is to invest and hold for future purposes. Nothing like government power when it comes to Bitcoin investment, that is why is always necessary for us, instead of investing on estate or any other thing then at the end of day you end up regretting in the hands of government is better you focus on Bitcoin investment because if you didn't tell someone that you are a Bitcoin holder nobody knows your source of income.

 
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Vheen00
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February 25, 2025, 12:42:37 PM
 #12

Government no go power over BTC investment based on say BTC dey decentralized no government body or entity dey control am. E dey advisable for every average person to at least get small money wea hin invest in BTC, but as much as e no dey decentralized for government intervention, e dey better to put am for a non custodial wallet like the likes of meta mask and Trust wallet to be on a safer side, because even as dem dey decentralized government still fit manuever to make am difficult for you to get access to your coin.
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February 25, 2025, 06:25:46 PM
 #13

Nothing sweet pass reach when you get investment way Nigeria government no fit control or influence, your financial status for future go they sure for you compare to investment way Nigeria government get power and influence over.
some ignorant people that don't know about bitcoin and are looking for ways to keep there investment off the grip of the government will even go to the extent of investing with another persons name just because they don't want to tie down all there properties to there names. if only they know that with bitcoin, you can be the richest person in your area and no one gets to know about it.

it is the reason why they are so concerned about bitcoin because they want to be fully involve in all the means through which money flows in and out of the country. the introduction of the CBDC in the form of the E-naira is still a strategy that hopes to divert people into adopting it so the control still gets back to the government. even with the volatility, nothing is sweeter than the full bitcoin investors has over her asset.

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adultcrypto
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February 25, 2025, 06:56:55 PM
 #14

Every investment get im own disadvantage, government fit still ban cryptocurrency and you no go fit use am again until you leave the country. BTC dey decentralized and no entity dey control am, but e no mean say other investments like real estate dey bad, even though that one get in own disadvantage too. No forget say na only when you keep your bitcoin for non-custodial wey government no get power over am, if e dey custodial wallet, dem fit push some buttons to confiscate it if dem suspect you of something.
You mean say if government ban cryptocurrency,  we no fit use am for Nigeria again? How that one dey possible for our country wey be say we dey always find a way untop things. I still remember say our government been done do something like that during the time them been ban Binance and every exchange. Them even block all of them websites even till now wey me and you dey talk yet people still dey use VPN dey do their things.

E get many country wey them also ban crypto like Bangladeshi and others yet people still dey find their way. I no sure say anybody fit stop cryptocurrency.

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February 25, 2025, 07:40:03 PM
 #15

If the estate dey road which is a government property, dey can destroy the estate to make sure road pass that place to bring development to the state, and if government want to bring u down, dey will bring some policy that will make u to go down financially and materially in the country. If u invest in BTC investment, there is no government policy that will make government to have power over your BTC investment because dey are not the founder of BTC and dey don't have power to control BTC like the way dey use to control our local money.

I hope u go start to dey put money for BTC investment because e dey profitable than other investment government will use hard policies to frustrate the owners effort in the country.
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February 27, 2025, 01:00:02 PM
 #16

Every investment get im own disadvantage, government fit still ban cryptocurrency and you no go fit use am again until you leave the country. BTC dey decentralized and no entity dey control am, but e no mean say other investments like real estate dey bad, even though that one get in own disadvantage too. No forget say na only when you keep your bitcoin for non-custodial wey government no get power over am, if e dey custodial wallet, dem fit push some buttons to confiscate it if dem suspect you of something.

I no sure say anybody fit stop cryptocurrency.

No body fit stop cryptocurrency, any government way they fight cryptocurrency no they reason well because some nations done they use am they make money, if any country they fight cryptocurrency na them go lose because e no fit work, I remember when Nigeria government been they serious dey against cryptocurrency to the extended way be say security agencies con they fine people way they trade crypto but e no still work people still they fine way they do there thing, as them do am con see say the more they fight the more people that get involve they decided to stop because them done see say is of no use, I done talk am say Nigeria suppose set up a Bitcoin reserve like other countries or even states way dey inside Nigeria suppose even get because buying and holding Bitcoin na better investment some countries done they do am already and them go benefit massively from that investment, any country way won fight cryptocurrency just they waste there time, them fit manage stop some shitcoins but e no dey possible for them to stop Bitcoin because bitcoin is a decentralized coin e no get CEO so where you go start to fight am.

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February 27, 2025, 01:45:33 PM
 #17


Nothing sweet pass reach when you get investment way Nigeria government no fit control or influence, your financial status for future go they sure for you compare to investment way Nigeria government get power and influence over.

Anyway, online investment get some benefit wey pass such type of physical investment. For example with bitcoin investment.  Like if you invest in bitcoin for example and you hodl for your non custodian wallet, you are more secured pass when you leave am for example.

However, e no be say government no fit disrupt your online investment oo but it doesn't come easily like that and you can still dey bypass am small small. Just like during Buhari time, crypto trading with bank transaction was being monitored and so some people account were flagged. If government want to stop crypto dem go do but e go dey easier to stop or seize coins wey dey for exchange because dem go just instruct exchanges wey dey under them to seize the coins wey dey hodl for those from the country. So life na risk, anyhow wey e be na to dey careful and pray say make bad belle no near your dwelling place.

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February 27, 2025, 02:54:24 PM
 #18

Even if government pan cryptocurrency your Bitcoin will still be save in your hardware Wallets or Non-Custodial Wallet so bitcoin investment is very safe, other investment if government should come for it is finished.
If your bitcoin dey inside your non-custodial wallet and the federal government bans bitcoin, your money dey safe oh, but how are you going to spend it, you no go fit use any exchange, if not dem go catch you. I know say p2p dey, but if the ban na outright ban, with the risk of jail term, nobody go really like take that risk of trading p2p, so your option is prolly to leave the country, and how many people can afford to do that.

 
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February 27, 2025, 03:23:22 PM
 #19

Bitcoin investment they save government policy no fit affect am even if another civil war happen for Nigeria e no go fit affect am e go dey very safe for you, just use hardware Wallets or Non-Custodial Wallets so as to prevent hacks.

Nothing sweet pass reach when you get investment way Nigeria government no fit control or influence, your financial status for future go they sure for you compare to investment way Nigeria government get power and influence over.
No doubt bitcoin investment is a good one and if you have the money it is good to accumulate bitcoin for the future because it is a good investment to make better profit. In Investment I don't think put all your eggs in one basket is the best, if you have the money to diversify to going into physical in investment such as Real Estate,  it is also a good investment plan, so that you don't need to expect profit from only one kind of investment which is only bitcoin. 
What if anything happens to your seed phrase and you only have bitcoin as investment, what else can you run to?  But also having a real estate investment is a back up.

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February 27, 2025, 04:30:19 PM
 #20

Bitcoin is decentralized meaning it is outside the control of any country's government. Government can never control it even if it wants to. But a country's government can introduce new policies from time to time, which can destroy private investment.
An example may be a man who had built an estate for his retirement, but lost his property due to the construction of a government road.  It is not possible to build a new estate with the fine that the government paid.

So no country's government can take it away or destroy it through policy to invest in Bitcoin. Even political unrest in the country will have no effect on Bitcoin. Using hardware wallets or non-custodial wallets to protect against Bitcoin hacking. While governments can influence other investments, Bitcoin is completely independent. Hence it can provide reliable financial security in the long run.


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