The Average Nigerians' Predicaments After The Ban Of Cryptocurrencies

in LeoFinance3 years ago (edited)

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THE HUGE EFFECT OF THE GOVERNMENT'S POLICY
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Life in Nigeria is becoming unbearably difficult daily for an average Nigerian like me, who just began life after earning the first degree from the university. Since I'm now putting my effort, earning some tokens through a decentralized digital currency to put food on the table with other side job, I'm now afraid of going about with my mobile phone, seeing how people have been harassed, beaten up and jailed for being cryto earners. Ever since, I've been extremely careful and watchful as well, lest I experience the same. Sincerely speaking, the current economy situations and expensive commodities are part of which are making life to be difficult for most Nigerian people.

Commodities are purchased and sold in high rates. Just imagine, a Teacher who teaches in a private school, earns from the range of $60.84 — $72.83 (#25000 — #30000), and this seems to compete with the price of 150kg bag of Rice which is now sold at $60.84 — $72.83 (#25000 — #30000), and yet the governments are doing nothing to help situations rather than making a policy in act to ban cryptocurrencies. I don't mean to be malignant on Nigerian's policy and propagandization over the ban of cryptocurrencies, but I see this policy has a huge effect on most Nigerian people who rely on Cryptocurrencies as their means of survival and to take care of responsibilities. This government's policy is drastically bouncing back at the poor masses who seem to strive hard by making their ends meet — all doing in a legitimate way by the means of earning through ‘Crypto Orb’. The POLICE and SARS see this medium as a motivation to be overly judgemental and brutal when they see anyone that spruces up or in a shining looks. These average people who beat in expensive wears are wrongly accused and tagged with fraudsters or scammers without proper findings. These Nigerian POLICE or SARS would pick them up, harass them and further their actions in putting them behind bars, if they are not willing to pay a high fine. They totally see this means as a way to extract money from people by enriching their pockets. Those who seem to resist them in the process of arrest, suffer brutality and severe bruises. And this reminded me of @josediccus who had a sheer of this ordeal

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THE CRYPTOGRAPHIC SYSTEM: AN ALTERNATIVE MODE TO EARN SOME TOKENS
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I feel they shouldn't probe the legalised way of earning money through a decentralized digital currency or any cryptographic system. But the illegitimate way which is of ‘high jinks’ should be probed — and those engaged in such act should be brought to book. In my own personal opinion, I would say, the government are too selfish due to the fact that they're earning from the country's cauldron and wealth meant for the people. Every rules forged or imposed on us would surely fall into places for them — it would sure be of beneficiary for them.

Seriously, we're gradually heading towards economy degradation which would no longer be bearable for the massive PEOPLE, unless they're greatly rich. The means of earning through a decentralized digital currency, has paved another alternative mode for people to smile again — this has actually brought happiness into the lives of people mostly in Nigeria. This raise a fresh green flag up — gave them a new hope to live on in life. This as well, brought about positive changes and reduction of poverty in Nigeria to a great length. Action against this new hope is endangering lives of the masses and their schemes to make progress through any cryptographic system. If the governments — I meant those people in power — are ready to face realities and put things in place for the betterment of the country, and do their duties in helping and moving the country forward — and if there is provision of opportunities and reliable jobs for the masses, these sure to eradicate poverty and mayhem in Nigeria to a great extent.


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THANKS FOR YOUR TIME
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This post is totally plagiarism free & all the photographs were shot & edited by @martinstomisin (23/10/2021)

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INTERESTED IN SOME OF MY WRITE-UPS?

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MY PERSONAL DETAILS:

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I'm Tomisin Martins (@martinstomisin), a budding Poet, Photographer, Content Writer and Literary Reviewer. I love reading poetry, literature and any sort of creative writing that's appealing.
I believe so much in reading any creative writing to heal and rejuvenate the mind. I hope to bring positive impacts to the life of readers or literary appreciators through my creative writings, so do share on any platform or reblog — it may be useful to someone who wants to be healed through the content shared.*

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