Twitter CEO Jack Dorsey, one of the names that dominate the cryptocurrency markets, made a remarkable post on his platform. Saying that the Nigerian people will lead Bitcoin in this post, Dorsey added the Nigerian Flag to the end of his post. So why did Dorsey make such a post?
Nigeria is one of the countries that has gone beyond being distant to cryptocurrencies. The Central Bank of Nigeria recently announced that cryptocurrency trading is banned across the country. Officials instructing banks across the country have ordered all accounts trading cryptocurrencies to be blocked, ensuring that Nigerians stay away from cryptocurrencies. However, even this ban did not keep the country away from cryptocurrencies. According to research, Nigeria’s share in the global cryptocurrency markets is over $ 400 million.
Jack Dorsey’s sharing came after the statements of Nigerian American football star Russell Okung.
Russel Okung, one of the important names in American football, originally from Nigeria, wrote an article for Bitcoin Magazine. In his article, Okung was making an open call to the Nigerian government, asking for a new regulation on Bitcoin. Criticizing the current attitude of the government, the athlete said that if no new regulation is made, the already fragile Nigerian economy could become much worse. It seems that this article also influenced Jack Dorsey. Dorsey made the statements we just mentioned, quoting the article shared by Bitcoin Magazine on Twitter.
The Nigerian economy is not doing well, although the country is oil-rich. There are also social events that spread throughout the country. The government even banned the use of Twitter in the country, citing that social events were organized through Twitter. Dorsey, on the other hand, openly expressed his support for Nigerians in his statements on the subject. Dorsey’s re-emergence against my government after the last incident has caused Dorsey to be described as a hero in the eyes of Nigerians and a traitor in the eyes of the government.
Here is that post by Jack Dorsey
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