What is happening right now in Nigeria is the major reason to save your money in BCH

Have you heard of what is happening in Nigeria?

Nigeria is a developing country in West Africa. It is a country blessed with a lot of natural resources and smart minds. It arguably has the tallest economy in Africa; If not presently, it once did! That is why it still prides itself as 'the giant of Africa'. But this country has had series of bad leaders that brought it nothing but ruin. This would make you want to ask what happened to the creative and intelligent minds in Nigeria? Why let illiterates who know nothing about economic growth rule them?

The simplest answer to these questions is; Corruption and lack of democracy even in a democratic system! The leaders are always only concerned about their pockets. They embezzle public funds that they themselves can not finish spending in their entire lives. They don't care about the citizens or the growth of the country itself. When Nigeria switched from using the Pound Sterling to its native currency the Naira, Naira was stronger than Pounds, Euro and the Dollar. But as you are currently reading this, a dollar is worth above 800 Naira in the black market.

Nigeria was one of the first countries to kick against cryptocurrency and declared it illegal. Due to this, most crypto transactions and companies operating in Nigeria rely on peer-to-peer. Just like you already know, crypto ban is always a move by the Government to keep the people under financial slavery and manipulation. The case is no different in Nigeria. Even though they would claim it is to control financial crime.

Recently, the Nigerian government through the central bank of Nigeria announced the redesigning of the Naira notes. Coupled with the impromptu announcement, a deadline for the existence of the old notes has also been set. This doesn't sit well with most Nigerians as they complain that the notice is too short.

Ever since this announcement, those who had since avoided the problems associated with Bank services and had saved their hard earned money at home are being forced to return their savings to banks so that all they've worked for over the years does not become worthless. Those also hiding from the prying eyes of the government are no longer given that privacy opportunity unless of course they want to loose the money in their possession.

Aside the stress and unwillingness to return this monies to banks, it has been witnessed that many people who thought that their savings were in good conditions at home thought wrongly as bundles of Naira notes got destroyed probably due to poor saving conditions. Most of them captured on camera and witnessed life were ruined beyond imagination. This means that those notes are now worthless as banks could not even be of help.

Those who still want to maintain privacy as concerning their financial status are running to the black market to exchange the Naira notes in their possession into US dollars. This inturn gives the dollar edge over Naira and Naira is just continuously and ridiculously dropping against dollar. This means that, even those that have their naira either saved in the banks or at home in form of cash are all facing the same problem.

Those who have their money saved in cryptocurrencies are the only ones exempted from this current issues on ground.

If you want complete privacy where no one would be able to boss you over your own money then why save in fiat?

If you want the perfect safe where no ruin will reach, no physical disaster can affect like fire burning stashed cash or biological agents ruining your hard earned money then when save in cash?

If you don't want a situation where your native currency would loose ground and fall against foreign currency to render your life savings worthless then why save in fiat?

If you want to completely avoid the numerous transaction glitches that are associated with the banks then why not transact with BCH?

If you actually want to be financially free and covered from the manipulations of these selfish leaders then why not save your money in cryptocurrencies like Bitcoincash?

If you couldn't give a genuine answer to the questions above then it is time you rethink your financial life. Today it is happening to naira, tomorrow might be your local currency.

Crypto is the way forward. BCH is the future!