CBN Governor says Cryptocurrency is money created from thin air, Nigerians react

CBN Governor says Cryptocurrency is money created from thin air, Nigerians react

There is news about CBN Governor, Godwin Emefiele which is trending.

The CBN Governor stated in a briefing that Cryptocurrency is money created from thin air.

He also added, “Cryptocurrency is used to describe the activities of players in an electronic dark world”

This statement comes after the CBN enforced that Cryptocurrency is banned in the Federal Republic of Nigeria.

CBN governor briefing on Cryptocurrency.

💔💔💔💔 pic.twitter.com/kT8puKor3o

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— Munachi Ogueke (@MunachiOgueke) February 24, 2021

Nigerians took to social media to react to the statement made by the CBN Governor

Your CBN governor said cryptocurrency is created from thin air 🤣🤣🤣🤣🤣🤣
I am rolling.
This man has children oooo
May our parents not disgrace us like this in public sha

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— Valar Morghulis (@anwan_ab) February 24, 2021

I don't think the CBN Governor fully understands the concept of money…. But hey, he can do no wrong. He is the CBN Governor.

Lool out of thin air.

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— Mo-Mo💙 (@Morris_Monye) February 25, 2021

CBN Governor banned crypto transactions with Nigerian banks because money created out of thin air and the idea of DECENTRALIZATION doesn’t sit right with him,this country is a badly written joke

— Dehkunle Of Africa 💧🐐🔺 (@Dehkunle) February 25, 2021

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https://twitter.com/Matthewsax1/status/1364803665035419657?s=20

From BARTER, to GOLD, to PAPER BILL, to GOLD STANDARD, BRETTON WOODS & to END OF GOLD STANDARD. That's the history of money. The paper money isn't up to 60yrs old while Cryptocurrency is next

But the CBN Governor, Emefiele talks like he never knew that money changes with time

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— Izu of BUJ (@heisizumichaels) February 25, 2021