Nigerian Authorities Blame Binance for 70% Naira Devaluation, Move to Issue Arrest Warrant Against CEO

“Binance platform harbours people who fix the exchange rate which quickly affects the Nigerian economy for the time when Nigeria is trying to stabilize the economy. The platform fixes the exchange rate for the country and it is an illegal rate. The Central Bank of Nigeria (CBN) is the only authority that can fix the exchange rate for the country.”

https://www.nobsbitcoin.com/nigeria-binance-p2p-standoff/


Pathetic to blame a private company for the consequences of their own criminally usurious fiat money printing #bitcoin


So pathetic.

How do people so stupid  get the courage to speak or do anything at all? They should seek mama's approval before moving a finger.

These are probably naturals. I doubt they realize they are playing a part in the movie for free.

nostr:nevent1qqstskfy87qtjq8gf37rf8uh7tkgm59cyzyed722nlkc00dp8nuqylqpz3mhxue69uhkummnw3ezummcw3ezuer9wcpzpwd9xafrhw30ekhg2lvsmznkphj0yyuun7gdnphhgl886rkq69eaqvzqqqqqqyh50s6d


Also looking for the CEO of Bitcoin as a person of interest.


Onward 🫡


Someone should drop a shit load of flyers on Nigeria stating Naira's devaluation is of money printing by their government and central bank'


1. Be a central bank established to make your country and citizens prosper
2. Miserably fail your mandate
3. Get countrywide protests as a result
4. "BLAME THE FOREIGN AGENTS"

We'll see only more of this

nostr:nevent1qqstskfy87qtjq8gf37rf8uh7tkgm59cyzyed722nlkc00dp8nuqylqpzpmhxue69uhkummnw3ezuamfdejsyg9e55m4ywa69lx6aptajrv2wcx7fusnnj0epkvx7aruulgwcrgh85psgqqqqqqs98ha2q


"No one devalues our currency and distorts market signals but us!"


lol


Really hoping this doesn’t come to America in 5-10 years, but it totally might… Weimar Germany similarly needed someone to blame for their endless money printing


LOL 😅

nostr:nevent1qqstskfy87qtjq8gf37rf8uh7tkgm59cyzyed722nlkc00dp8nuqylqpzpmhxue69uhkummnw3ezuamfdejsyg9e55m4ywa69lx6aptajrv2wcx7fusnnj0epkvx7aruulgwcrgh85psgqqqqqqs98ha2q


Bitcoin eats fiat for breakfast

https://video.nostr.build/544a8ec73ce0d6ce030199c3e2eb36ec189dfa6eab3702c157fe591b6b2c64b0.mp4


Seems like that is the move.

"I'll show you which culture to pump your fist at, and what foot is right to kiss
We don't know who the culprit is yet, but he looks like this"

- Sage Francis


Gaslighting by Nigerian authorities will only hasten their currency collapse.

“If you know the enemy and know yourself, you need not fear the result of a hundred battles. If you know yourself but not the enemy, for every victory gained you will also suffer a defeat. If you know neither the enemy nor yourself, you will succumb in every battle.”

“To know your enemy, you must become your enemy.” (i.d. ₿itcoin Adoption)

― Sun Tzu, The Art of War


History rhymes.
nostr:nevent1qqstskfy87qtjq8gf37rf8uh7tkgm59cyzyed722nlkc00dp8nuqylqpz3mhxue69uhhyetvv9ujuerpd46hxtnfdupzpwd9xafrhw30ekhg2lvsmznkphj0yyuun7gdnphhgl886rkq69eaqvzqqqqqqy2s2x4n


Sponsoring a Nigerian family to use Bitcoin in a  circular economy would be great


nostr:npub13l3lyslfzyscrqg8saw4r09y70702s6r025hz52sajqrvdvf88zskh8xc2 you were pretty right about this 😀😀😀


Pay attention. They will be taking notes too.
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"Terror" in this context must mean having no reliance of government's manipulated fiat.

They fear your self-reliance and freedom.

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:fire:


Nigerian Authorities Blame Binance for 70% Naira Devaluation, Move to Issue Arrest Warrant Against CEO

“Binance platform harbours people who fix the exchange rate which quickly affects the Nigerian economy for the time when Nigeria is trying to stabilize the economy. The platform fixes the exchange rate for the country and it is an illegal rate. The Central Bank of Nigeria (CBN) is the only authority that can fix the exchange rate for the country.”

https://www.nobsbitcoin.com/nigeria-binance-p2p-standoff/


People causing problems blame others for those problems.  Fresh baked central banking right there.


No, no it's not the Central Bank's fault :-)

nostr:note1hpvjg0uqhyqwsnruxj0e0uhv3hgtsgyfjmu548lds776z08cqf7qfxaed0


Then they use open-source p2p solutions or meetups


This is exactly how it's going to play out in every country eventually. The mafia state will blame and extort Bitcoiners and associated businesses to hide their own failings.

Learn and use private self-custodial tools to protect yourself, and protect each other.

nostr:note1hpvjg0uqhyqwsnruxj0e0uhv3hgtsgyfjmu548lds776z08cqf7qfxaed0


From: nostr:npub1tw00dgmtr0afe398y354yk6vtf4k8nv264zlpx3s5l8kvjz40d7qrukly0


Onward 🫡


LOL! Lutz.


I have a cousin in Nigeria. She and her husband are highly educated and well off. The struggle there is unforgiveable. She choked up explaining the experience of simply buying ingredients to make chocolate chip cookies with her kid during a hyperinflation. Prices changing over the course of the day. Paying exorbitant rates (whether in Naira or USD) for basic things. All because of Binance. Nothing to do with central bankers.