Let’s say you didn’t even invest in a crypto but decided to buy stable coins to hold, 360$-510 in the space of a year will turn out to be a nice investment. It’s a sad story for the naira indeed and the reality is there are no signs of it ever getting better. This was how the Venezuelan currency started declining horrendously. Anyone saving in naira and in a bank these days are investing backwards and I can’t even be bothered because what else does one need to see what’s happening.

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