Bitcoin is behind Naira’s uselessness and valuelessness – Senator, Sani Musa (Video)

Bitcoin is behind Naira's uselessness and valuelessness – Senator (Video)
Please Share this:

Bitcoin is behind Naira's uselessness and valuelessness – Senator (Video)

 

A senator representing Niger East Senatorial District in the National Assembly, Sani Musa has defended the Central Bank of Nigeria’s ban on cryptocurrency transactions in Nigeria.

 

 

READ ASLO: Free My Future Husband, Hushpuppi If Not I Will Commit Suicide – Lady Cries Out (Video)

 

 

According to Musa, cryptocurrency is being used for transactions worldwide without a clear knowledge on who owns or operates the digital currency.

 

 

 

READ ALSO: Hotel set ablaze as prostitute kills customer after marathon s*x

 

 

The lawmaker while speaking during plenary on Thursday, further said that Bitcon has made the Naira useless and valueless.

 

 

READ ALSO: Never mock a pain you haven’t endured — Actress Adaeze Eluke

 

 

He stressed on  the need for cryptocurrency to be regulated in Nigeria.

 

 

From his words;

 

“Cryptocurrency has become a worldwide transaction of which you cannot even identify who owns what. The technology is so strong that I don’t see the kind of regulation that we can do. Bitcoin has made our currency almost useless or valueless.”

“If we have an economy that is very weak and we cannot regulate cryptocurrency in Nigeria, then I don’t know how our economy would be in the next seven years.”

 

 

Watch the video below;

 

 

 

 

 

What do You think about this? Please drop your comments and share this post!!!

 

Please Share this:

Be the first to comment

Please Leave a Reply