After a little reflection, I've come to realize that the government would never be able to look out for anyone except themselves. Thereby leaving the little man to scrape for scrambles.
But to take things further, I thought to myself...what would it cost for the people in power to make sure equality, freedom, liberation, and redemption are achieved among the rich and the poor, the powerful and the weak, and lastly, the elites and the little man?
After weighing the cost, I realized that a day like that or a world like that would never happen…
Not in this world...not yet!
My reason for saying this is that once the rich relinquish their riches to the poor and needy, there is nothing to separate them from the rest. Same with those in power, once they lose their power to rule and control, then they've lost their powers, making them powerless.
Interesting...
I have been pondering a lot about government agencies for the past few weeks now, which, I believe, was triggered when the government started its clampdown on cryptocurrency transactions that involve NGN in the country.
If I won't turn a blind eye to the fact, ever since the clamp-down has started, the NGN has been gaining strength. Some like the turn of events with the Binance and NGN ban, while some are not having it good because crypto trading is their source of income.
But then…
What I have noticed since the clamp down of NGN is that things are not getting cheaper, even though it was the NGN losing its strength in the first place that made prices skyrocket. This can be the way of the market, but with my little mind, what I see is manipulation and control.
Let me tell you the truth, for years now, the banks (with the backing of the government) have been manipulating the NGN to Dollar trade to their benefit.
However, when crypto came into the picture, it provided another room for manipulation and control, but what is different this time is that it is one done by the people. Anyone willing to buy the dollar at a higher rate is who we would sell to, and crypto became the marketplace for NGN and Dollars trade.
Leaving the banks and government powerless.
The last government wasn't knowledgeable, so what they did was to ban banks from trading crypto, thinking that would automatically block the passage to freedom and liberation.
However, this birthed something we now know as P2P trading, which was like a hidden gem that was brought out with the crypto ban. This eliminates the banks and government from being a part of the picture and leaves only the citizens to decide how they make their trade.
But then with all this power comes great responsibility, that many people were not able to control due to greed. We skyrocketed the trades on p2p and eventually... The banks ran out of dollars for this reason, because no one was willing to sell their dollars for low. Indirectly making many people withdraw(most if not all) their USD(dollars) from the bank to keep it on platforms like Binance and sell them at ease.
Nevertheless, Good times don't last and the same goes for hard times.
Fast-forward to today, the current administration was able to get a hold of Binance and got to some of their officials, and did all they could so that they would stop the p2p trading, which was eventually successful.
And since then, the Naira has been gaining the strength it needs. TBH I don't feel happy about it because now that the power is not in the people's hands, we'll have to leave it to the banks and government to determine the trade, which is all a game of chess to them, as they would never do what is going to favor the little man.
In this world, the little man is always going to be left on his own unless he charts his course and finds loopholes in the system, like crypto has been doing for years now.
I believe the little man will survive and gain freedom. But the chances are relatively low if you don't use crypto or know about this great opportunity to gain financial liberation from the oppressors.
Until next time
