Nigeria’s Central Bank Governor: Bitcoin Investing is a ‘Gamble’

in #bitcoin7 years ago

 Nigeria’s central bank governor has become the latest to speak out against bitcoin, claiming that investing in it is a ‘gamble’ and that it may need to be regulated.
Bloomberg reports that speaking during an interview in Nigeria’s capital city Abuja, Godwin Emefiele, the governor of the Central Bank of Nigeria, said:
Cryptocurrency or bitcoin is like a gamble, and there is a need for everybody to be very careful. We cannot as a central bank give support to situations where people risk savings to ‘gamble.’

Full article: https://www.ccn.com/nigerias-central-bank-governor-bitcoin-investing-gamble/

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all currencies that have ever existed throughout history have collapsed at one time or another, whos to say that crypto is anymore of a gamble than the us dollar