Topic: Naija Novice Hangout {Newbies introduction & Orientation} Thread. - page 27. (Read 1401223 times)

congrats my guy you done try and your achievement don they as motivation to us, gradually we self dy road they come even your commitment for local board self na something, make we self try put body make we try rank up and you don show say make we be our brothers keeper congrats once again brotherly more wins to you and to the boss , for having us in mind.

Drop am make we know our fault, whether we 2 tok politics or spammers too plenty for we side. If dem di leaders of the forum here say make we remove politics make we remove am oo. Di way dem want nai we go follow bi dat. Dis thread bin dey exciting before mani of us come here and dem say our political discussions dey affect the thread development, make we remove am kpatakpata. So dat those wey dey come e no go come meet politics here. even the poll show dat 95% e no like di politics, there is no need

NEWS UPDATE: House of reps orders CBN to halt new cash withdrawal limit

Following the announcement wey CBN make, say dem wan limit the withdrawal of cash to N20,000 daily and N100,000 weeky for individuals and N100,000 daily and N500,000 weekly for organisations wey suppose take place on 9 Jan 2023. The house of reps no gree at all about this recent infoment, and as a result them don order CBN to stop the implementation of this new policy and them don send the CBN governor Godwin Emefiele letter make him appear before the house on 15 December 2022, make him come torchlight about the new policy and tell them why dem go allow am to stand.

https://community.thenationonlineng.net/forum/breaking-house-of-reps-orders-cbn-to-suspend-new-cash-withdrawal-?xg_source=twitter

My brother, I don melembe melembe o like Wike deh talk. The thing be say even me never start any political post before self but I deh like chook mouth for politics because we Nigerians need orientation for politics to help put this country back on track. After Buhari deceive me with his anti corruption and security chants and promises, never again I go allow another politician deceive me. But I hear wetin CryptopreneurBrainboss talk for the matter. Nothing don spoil for the matter.

My brother which kind yeye inner motivate you dey talk about? If I get inner motivate why I go dey beat around the Bush. My only motive na make the rules no bring confusion, make e no reduce participation  and make e no reduce liberty.
Me sef no be politics person, I no follow for people wey dey raise politics matter for here but na make things dey move smooth I dey.

BUT I don reason de mata again, no body dey restrict anybody. No rules holding anybody down. The politics count na for CryptopreneurBrainboss merit reward. Which means anybody fit make even 30 politics matter no wahala.  Maestro75 my man and others make we chill, nothing spoil atol.


Charles-Tim don clear the air say no be politics make him no dey discuss here again. Person wey him house dey burn no dey pursue rat. Nigeria political system is rotten and in few months time we will elect our leaders, so politics suppose dey top gear discussion here, make we manage am till after our election.
AGAIN There is no theory wey talk say any post with bitcoin and chart is more quality than politics. Beta politics talk beta pass yeye speculation wey no get bases.


Igehhh I challenge you to bring data wey show say we get more activity here from March this year backwards than we have currently.  See the total post and posters of October for reference and bring the one wey beat am

I throw you this challenge make people here no come think say our yesterday was better than today.
We dey make steady progress here abeg.

N/B: Before this week go end or early next week I go drop post here about why we never get our local board and when we go get am.

I de happy 4 u because dis kin achievement no be small tin bro, congratulations, I know say u don do better tins 4 dis forum wey make people recognise you, from d thread wey u create come use ur btc signature moni buy laptop com use am teach you community people, na very good work be dat, I wish say u soon enter legendary merit make u just de wait 4 activity. And as u don get ur own merits, make you use dem support oders wey de below u

As I no like Buhari government and Emefiele as the CBN governor reach, wetin dem dey do 4 dis later time good. D Naira designing na project wey don overdue, nothing bad dey am but d timing wrong. Even as people dey doubt am, I know say no matter wetin their agenda fit be, e go soon clear. But d latest limiting of cash withdrawal circular further show say Buhari and CBN no get hidden agenda as d tin go affect everybody. Na senate and house of rep we suppose dey beg now because the development coupled with the redesigning go affect politicians and counter many menace wey dey affect naija. So dem go wan fight am.

Agbe this your achievement nor dey easy at all. I dey well aware of the struggles you face when this year been start even d time wey you almost hang boot. Las las as dem don talk already, na who give up fuck up. Kai, I remember that post wey dem criticize you finish. One tin wey I admire about you be say you dey ask questions and listen to d advice of senior men for we d forum. Like oyibo talk, you have ridden on the wings of the elders and you have replicated their results. Well done and cheers to more contribution.

I no wan tok too much again bcoz I don already tok everything in here. I say make I drop am here make my pipo also see di achievement.. really it is not easy. I may say I was won of di most criticized pesin in di forum but I tank God for everything.
My special tank goes to My BOSS SMARTVIRUS who encourages me to this far. And also to Igehhh, CryptopreneurBranboss and Kenny who instructed me how to deal with one of my most criticized thread dat was sent to archive.

I tank all of una. U fit do am... don't imitate, always bi an original poster. 💪

we have the numbers but we dos not have the enabled environment for these exchanges. you known the Nigeria govt are not a big fan of cryptocurreny but i hope things changes soon because we deserve to have at least PAXFUL and Binance state office in Nigeria, these two are the most used and have been closer to the government for the past few years now, building building projects. I've known Seychelles as a tourism place never knew they are these massive.
 

Limiting the amount of dollars in circulation is also happening; when the cashless policy is fully implemented, the $100 note will no longer be in banks; it is easier to move around with a $100 note, but it would be difficult to move around with a large sum of $20 notes. The cashless policy will then result in many locally made payment gateways, which will eventually create jobs. If we can reduce terrorist funding and criminal activity, we will have achieved a significant WIN.

Boss man Igehhh, nothing deh drive my inner motivation except say I just deh only state the matter as I see am. You for expand the number of monthly posts on politics to 20 and see if people no go choose that option.


Na the problem be that. Any where weh restrictions deh, e deh make some people feel cheated. Ok, if we say we no want to deh count more than 7 posts monthly on politics, what about posts weh no even get anything to do with bitcoin or economy? Another thing be say this politics weh we deh try clamp down on its post count na him deh even control whatever happens with bitcoin and the economy, anyhow weh una look at it.

That is true, this cashless policy will lead to the adoption of bitcoin, bet when the cashless flow in all corners bitcoin transaction come dey increase well nd at dat time pipo gede use bitcoin more. But the main problem in Nigeria is not the cashless transaction but as you said production. But production is not also di main problem as of now. But di way and things I take as di main problem na di economy agencies like efcc, icpc, cpc etc are very much weak that di prices of good nd service are not regulated so sellers freely increase price of things on their will... If goods price e dey very low and u get #500 and a cup of rice is #20, then living would be very easy. And u will know what to do with ur little money but because of say things dey cost even u carry #100,000 go market nothing come out, u can only buy very little things.
Even bitcoin adopted in Nigeria things go still dey hard. Weti we need now in Nigeria is di drastically reduction of goods and services

My posts per week have reduced and it would be a stress on my side if I continue to focus on local board, the reason I only just focus on general boards.

I always prefer to discuss more on bitcoin and economy, like what is happening in Nigeria presently about CBN cashless policy, the current state of bitcoin adoption in Nigeria and the likes. There was even a topic that came my mind few months ago, that why many exchanges are located in Seychelles (a country in Eastern Africa). Huobi Global, OKX, Kucoin, Polonix, DigiFinex and many other exchanges are located in Seychelles, while no recognized one located in Nigeria.

Money printing with higher economic output will not result to inflation. Nigeria has the highest GDP in Africa but if compared to our population, it is low. We can do better than that, but we are not because we depend more on imports. In this modern world, another example are the foreign exchanges we depend on, if there are exchanges in Nigeria, there would be increased employment and more taxes to the government.

Because of the primary reason (low production) that causes inflation, CBN tries other ways to prevent it, like this new cashless policy and credit card monthly international spending which he reduced like 2 years ago from over $3000 monthly or so, to $100 monthly.

Nigeria leaders needs to know that the problem starts from low production that leads to unemployment and reduce economic output.

About money printing. If we focus on spending using online transactions, that means the money printing is online, there is no much differences. But online transactions is not anonymous, which will reduce manipulations from citizens, which can lead to lesser naira devaluation and lesser terrorism financing.

I think is a good strategy, this will actually give the currency value and help the economy sincerely our currency needs revival asper giant of Africa , the policy harsh in a way, because now na to withdraw money keep for house plenty but another matter na thief again, but honestly I love the update, normally I know say the policy no go Favour every body, and the cashless policy to good sha to they carry cash around no be something way make sence to me I tell you.

What are your dream in cryptocurrency? What can you do differently in UK with cryptocurrency?

I don't know the inner motivations driving your comment, and no one is stopping you from discussing politics. I only suggested a minimum of 7 weekly posts as a requirement for monthly merit awards, and judging by the votes cast thus far, it appears that I wasn't the only one annoyed by all the low-quality, copy-and-paste political discussions taking place here. We don't prevent anyone from posting, but from early this year to last year, there weren't many political discussions, and our activity was much better than it is now, earning us a Thread Pin. How are our newcomers going to learn about wallets, bitcoin, and the blockchain collectively if we keep talking about politics?. Some of us are here to learn; not all of us are here to accumulate post counts and earn money. Prior to this, Charles-Tim was posting on this thread up to 30 posts per month while his campaign did not count posts from local  boards. If you've noticed, he doesn't engage in politics, he only responds to discussions on this thread that are related to cryptocurrency. Quality is what we require, not quantity.


Nigeria has lagged behind the rest of the world in implementing cashless policies, which is why our Naira has been losing value because there was an excess of money in circulation. Only a small percentage of Nigerians use the daily 20k ATM limit, and if you need to purchase anything above that amount, you can still use mobile transfers up to 5M per day, so how is this a problem? If you want to withdraw more than $20,000 from POS, a mobile bank, you can simply transfer the money to them and receive your funds. Demand arises from scarcity, and value arises from high demand. You will observe the Naira strengthening against the US dollar in a year. small implementation una go talk of jobs, government salary is too low why not learn a skills, una too funny abeg.

 BTW THIS A HUGE WIN FOR BITCOIN

Bitcoin is the most expensive micropayment asset because of its scarcity and restricted quantity. Limitations increase value. If everyone moves their bitcoin to a cold wallet, the price of bitcoin will increase once more as a result of scarcity. government institution Made in Nigeria seems to be a success given that 90% of the rice consumed in Nigeria is domestically produced. However, because it is produced locally, the price of rice will only drop to a poor man's wages if the value of the Naira rises. this policy will reduce the quantity of naira that enters our pockets and to prevent politicians from moving around with bullion vehicles full of cash, gives value to our Naira and reduce abductions

Wch kind policy con b dis 1 again na. Na watin b dis?
E get any nation 4 world way dey do dis kind tin, not evn nations way dey suffer major inflation dey do dis kind tin. D mata still b say, dispolicy no go b on a level platform. Pple way go dey abov d rule go plenty wella nd so dis rule na only 4 common man.

I pity 4 dose pple way dey survive on dat pos. Dem 4 dey try dey consider d majority b4 dem go dey place dis kind of policy. Yeah, pos na one way scammers dey mov moni bt, na stil somtin way don employ nd put food 4 d mouth of many. I jst dey reason how dem wan tak dey do dere legit business now. Na em be say, d services go cost o.

I still dey chuck mouth for this matter because I know wetin dey at stake. I don already see front.  In the other hand I fit still dey wrong. But I just believe say the main thing for us na make we no begin put rule for thread wey no be board. This thread is self moderated, the OP wey be CryptopreneurBrainboss fit set rules on wetin be spam, and if anyone default, em post go delete. ThankGod him dey active for this thread. The last time I check, our problem no be post quality because Nigerians na quality posters.

Na this kind statement below dey make me dey more skeptical. If you no know how Igehh go do the matter, mean say plenty people no go know too.

Oya, see another dimension person don go. Him don dey already align the matter to political affiliations.

Me for like the activity things only o... if you think say e go increase spam share the merits 2 for the first 5 people making it 10. The original idea wey make me begin drop statistics here na to increase activity.  Make we no come create problem wey no dey, come dey find how to solve the problem we create.  I don talk my last for this matter, anyways poll don dey shaa.

I don talk am before, and i go talk am again, i no they in support of the new policy, i they only correct some misconceptions wey some users for here they post about am. You have to understand that it is what it is, and no seminar is required for something like this, many old people sabi when them receive alert, and many of them sabi confirm am by themselves, you no go expect government to roll out new policy such as this one wey they pretty straightforward, come organize seminar for am join, if na matter wey require seminar we go know.

Having said that, businesses wey they very small, like women wey they sell pepper for example, nothing go change for their side at all, because people go still carry cash they buy from them as the goods they sell are not all that expensive. But once you they run business wey customers go gats buy goods worth so much, then you have to improvise and start accepting transfers, as well as make provisions for your own personal PoS payment machine; if you are too old you go carry younger person join body, wey go follow you they for shop, e they hard sev to see old woman wey no fit understand how to confirm transactions say she they for shop alone, she go get person wey go they assist am, na normal thing.

10 go dey okay, if any bodi post more than number make una no count am for the month meriting system. this one go also help to reduce the politic matter here. tru tru politic talk don too much here oo