#BINANCE is the largest non-US exchange and so it's no big deal that we saw Washington and her allies going after the platform and encouraging others within her purview and sphere of influence to do the same. #Nigeria being a dog — what Nigerians like to describe as "follow-follow" has been ordered to do same. The only thing is that we have a greedy monster who, like any baron King, wants a piece of the bite for himself and may even want to get more in the process. How else would you explain that Nigeria is fining Binance $10 Billion when the almighty America only fined the platform $5 Billion max? Don't forget that according to US investigators report, Binance generated about $1.6 billion in profit b/w August 2017 and October 2022. The big "O" question is how much has Binance made in profit exclusively from the Nigerian Market that warrants a fine of $10 billion more than twice the charge by the US?
Think about that before you say my arguments are flawed or hate speech or biased (which I don't know why I would be biased against my countrymen if they're only doing the right thing).
#BinancePay #BinanceP2P all made #NGN valuable and recognised! Something that even #PayPal couldn't do despite years of sucking from us for the benefit of EURO & DOLLARS over our own currency although the contributions and value derive from the Nigerian Market is more than enough to give the currency some International exchange flexibility amongst other top currencies. But now even that is gone becos our govt says Binance is responsible for the woes of our currency devaluation — a hereditary disorder that we all know our NAIRA has suffered from since 1980s years before #Satoshi invented #Bitcoin and mega years before #CZ built our darling Binance.
My last caution to fellow Nigerians is NEVER TRUST THIS GOVT!
START NOW TO PREP FOR A DOLLAR OR EURO BANK ACCOUNT TO LINK YOUR NAIRA ACCOUNT WITH. YOU CAN'T AVOID IT AS LONG AS YOU LIVE IN NIGERIA!!
GET A PERFECT MONEY ACCOUNT NOW!!! YOU WILL NEED IT.
LASTLY; SEARCH FOR A GOOD VPN, GET THE PREMIUM TO STAY CONNECTED WITH #WEB3
