Some many countries in the world with bad economy and with extreme poverty. The truth is some of these countries don't have any resources and the revenue is nothing to write home about but we have some of these countries that have alot of resources, good revenue but the governments are doing nothing for the people and only care about their pockets.
The perfect example of countries that have bad governance is Nigeria. People already know how terrible the system is and how corrupt people can be in this part of the world. Nigeria been a religious country, it surprise so many people that when corruption is mentioned you picture Nigeria
and also refer to some African countries. our governments know what people can do for money, they have a approach I called the capitalist approach.
The capitalist
Nigerians corruption comes mainly from the government and all they do is inflate poverty on people. Money is a powerful tool for both the rich and the poor.like some people believe everybody have a buy price. Imagine buying people's vote with just 20$, knowing that you can buy your way to become anything in this system.
The government deprive people from their right and every means that can actually make them financially free is blocked. Their is this believe now in Nigeria that if you make money from the comfort of your home you are into illegal things. What people do for money is craze, we all have this dark side and one of those things that show our inner most being is means for survival. Nigeria government give you very little money knowing you can't resist it because you want to survive and you will always do their evil deeds when money is involved.
Crypto was the bad influence.
Crypto has actually improved
many Nigerians lives and Africa as a whole. The effect of the capitalist has actually reduced in so many youth lives and the youth can now speak up for the lowest class in Nigeria. This actually led to war between the government and the youth in the #endsars protest. Nigeria government see crypto as bad influence and it will spoil their perfect strategy. it was banned and labelled illegal.
We still have some many people all over the world suffering from bad governance and in bad people's hand that crypto will help break out from thier boundage because crypto doesn't care who you are and as long you are doing the right thing you will definitely earn.
Thanks for your time.
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I don't see how banning it will really help but I guess it;s their attempt at maintaining control. They can't stop technology though as it will happen eventually.
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Our governments doesn't believe this, they only in power. To them power is power
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Crypto is mitigation bad governance, it's why the Nigerian government banned it's trading rather than support it fully. It's crazy.
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Crypto is the relief everyone was craving for but the can just standing this. Thanks for stopping by
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They literally stole the greatest opportunity their citizens had right from their hands. Sad!
No wonder why Nigeria is such a disaster. They literally reject the greatest medium of earning money ever in the history of mankind...
It a bad believe that the government and current state of our economy is causing
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I do hope the country can turn around eventually.
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