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Author Topic: Our government dey shy away from buying the Reserve  (Read 65 times)
Plutomanian (OP)
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November 14, 2025, 06:28:32 PM
 #1


Eh dey pain me say we no really get better leaders for government for this country, why I talk so na because I done observe say our leaders true true no dey think about the future of the country because failure to embrace Bitcoin then come use am as opportunity to tackle inflation on the long run na failure to embrace the future.

Yes Bitcoin na the future, eh done become better store of value and several countries dey directly or indirectly own Bitcoin as reserve but I never see our government talk about am, I wonder why them still dey backwards abi dey wan still dey depend on petroleum wey their self interest for am done cause us more ruins than good?
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November 14, 2025, 08:10:15 PM
 #2

Bitcoin isn't the answer to our problem and even the US that pushed it are not even truly implementing it.
Using seized coins only it's quite similar to what they did before
They just gave it a name now.
So don't blame the country for not embracing Bitcoin as a strategic Reserve when they don't have the strength to.

I prefer the wait and see method.

And again Bitcoin isn't the solution to our problem.

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November 14, 2025, 08:37:44 PM
 #3


Eh dey pain me say we no really get better leaders for government for this country, why I talk so na because I done observe say our leaders true true no dey think about the future of the country because failure to embrace Bitcoin then come use am as opportunity to tackle inflation on the long run na failure to embrace the future.

Yes Bitcoin na the future, eh done become better store of value and several countries dey directly or indirectly own Bitcoin as reserve but I never see our government talk about am, I wonder why them still dey backwards abi dey wan still dey depend on petroleum wey their self interest for am done cause us more ruins than good?
Our government has been failing us and not embracing Bitcoin is very low on the list of reasons why our government has failed the whole country. Bitcoin is the future but even Bitcoin no go give Nigeria a bright future.
Our government has failed in many areas and embracing Bitcoin wouldn't correct their wrong in all areas.
There are many critical areas of the country like security, education, social amenities, healthcare, jobs and so on that this government has failed and even if they embrace Bitcoin a solution won't arise through that.

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November 14, 2025, 09:08:03 PM
 #4

Yes Bitcoin na the future, eh done become better store of value and several countries dey directly or indirectly own Bitcoin as reserve but I never see our government talk about am, I wonder why them still dey backwards abi dey wan still dey depend on petroleum wey their self interest for am done cause us more ruins than good?
It is unbelievable how you think the federal reserve on Bitcoin will put an interest rate to your portfolio because even the natural resources that generates the major sources of revenues for the country has not well been properly managed. Moreover our government is duly investing on the foreign bonds and yet, no productive outcome of it. So don't even think Bitcoin will do us better.

If you must also know, Bitcoin does not control economy inflations rather, it only acts as an edge that gives savings hedges against inflation.
We should even appreciate the fact that crypto is not banned (illegal) in our country on like it is in some other countries otherwise, we would really find it difficult to navigate freely with our Bitcoin and facilitating on P2P transactions.

And for a country to adopt the Bitcoin reserve, a lot of monetary concerns and strategies both economically and the market volatilities has to be reviewed because even we as individuals, it has not been made so common to invest on Bitcoin due to psychological sentiments and the uncertainty.











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Plutomanian (OP)
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Today at 07:54:42 AM
 #5


Eh dey pain me say we no really get better leaders for government for this country, why I talk so na because I done observe say our leaders true true no dey think about the future of the country because failure to embrace Bitcoin then come use am as opportunity to tackle inflation on the long run na failure to embrace the future.

Yes Bitcoin na the future, eh done become better store of value and several countries dey directly or indirectly own Bitcoin as reserve but I never see our government talk about am, I wonder why them still dey backwards abi dey wan still dey depend on petroleum wey their self interest for am done cause us more ruins than good?
Our government has been failing us and not embracing Bitcoin is very low on the list of reasons why our government has failed the whole country. Bitcoin is the future but even Bitcoin no go give Nigeria a bright future.
Our government has failed in many areas and embracing Bitcoin wouldn't correct their wrong in all areas.
There are many critical areas of the country like security, education, social amenities, healthcare, jobs and so on that this government has failed and even if they embrace Bitcoin a solution won't arise through that.
No be say we Dey expect bitcoin to solve our economy but the truth me say, our government Dey really backward on these kind of matter and having bitcoin as reserve go really help us grow as a nation as we go get were to fall back to rather than trying to borrow at every slightest provocations.

I also understand say, plenty  of us go think say bitcoin no get any thing to do with regards to economic growth but truth me, if dem Dey the field, dem go see more reason why dem no suppose harass the youths wey Dey try make their ends meet with crypto.
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Today at 08:39:55 AM
 #6

Our government has been failing us and not embracing Bitcoin is very low on the list of reasons why our government has failed the whole country. Bitcoin is the future but even Bitcoin no go give Nigeria a bright future.
Our government has failed in many areas and embracing Bitcoin wouldn't correct their wrong in all areas.
There are many critical areas of the country like security, education, social amenities, healthcare, jobs and so on that this government has failed and even if they embrace Bitcoin a solution won't arise through that.
Yes na true say all our problem no go solve if our government adoption Bitcoin as part of our strategic reserve but e go go a long way in empowering the youth and it will stands as a go ahead to our youth to invest in Bitcoin and other cryptocurrencies if we feel the need to do so.

You know say for we country, once our traditional banks know say you do any crypto related transactions, them go freeze your account, but if our beloved country start adopting Bitcoin as part of our strategic reserve, their is a possibility that freezing account from our banks will stop, and e go be like an open door to those wey never enter the crypto space before now.
Na true say our government don fail us wetin no good in all sector of life, but that one no mean say we wey be citizens go start feeling pity for ourselves or give up because of that, na for we to work out way to the top believing for a better tomorrow.

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Today at 08:58:53 AM
 #7


Eh dey pain me say we no really get better leaders for government for this country, why I talk so na because I done observe say our leaders true true no dey think about the future of the country because failure to embrace Bitcoin then come use am as opportunity to tackle inflation on the long run na failure to embrace the future.

Yes Bitcoin na the future, eh done become better store of value and several countries dey directly or indirectly own Bitcoin as reserve but I never see our government talk about am, I wonder why them still dey backwards abi dey wan still dey depend on petroleum wey their self interest for am done cause us more ruins than good?
Our government has been failing us and not embracing Bitcoin is very low on the list of reasons why our government has failed the whole country. Bitcoin is the future but even Bitcoin no go give Nigeria a bright future.
Our government has failed in many areas and embracing Bitcoin wouldn't correct their wrong in all areas.
There are many critical areas of the country like security, education, social amenities, healthcare, jobs and so on that this government has failed and even if they embrace Bitcoin a solution won't arise through that.
You are right bro, our government failure in accepting bitcoin as a reserve isn't even the main problem we are having in our country at the moment, their are crucial matters just as you mentioned above that has given us so much concern lately. However what our leaders should be concentrating more on is how to fix every faulty sections that has failed perhaps causing hardship difficulties in our society in recent time.

Furthermore, if every failed sector can be fixed I believe their we be a room for new innovations and fresh ideas just like bitcoin and every other innovating investment that can enhance better life to every person's.

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Today at 03:44:50 PM
 #8

Alot of countries today are securing their future by investing into Bitcoin by having Bitcoin National reserves. There was a time that I was hearing about the Nigerian government trying to invest into Bitcoin and have Bitcoin as a national reserves but I have not heard anything about that move.its clear that our government is not proactive enough when it comes to critical decisions making issues like this. If at this time of year were Bitcoin is already an established Idea and Nigeria is yet to own a Bitcoin reserves it only shows the level of leadership that we have as a country.



The. Future is now, the economic performance of any Nation can be predicted by the level of effort and steps taken by the state in making sure that the country in the next few years to come is liberated economically. Here in Nigeria I think that our government is more concerned about politics than improving the living standards of the citizens. Bitcoin is one thing that every progress nation is investing into because of its role in edging against inflation as an asset.



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Today at 06:20:23 PM
 #9

 You sef funny well oh. You dey talk about reserves when other areas of the society never balance? We dey talk of getting a Bitcoin reserve which is very important, no doubt, but when areas like security and corruption in general never dey tackled, the thing go just be another means of siphoning funds.
E take a lot to create a Bitcoin reserve and even though the government no go need to touch the citizens money if them wan purchase the Bitcoin and all that, them fit use other means but this one wey them dey so obsessed with borrowing, nah like that then go wan use do am? My dear, as I talk, Bitcoin reserve creation dey important but we need to settle other priorities.

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