Adamu Garba Says 'Crypto Currency' Is A Glorified Ponzi Scheme,

Adamu Garba Says ‘Crypto Currency’ Is A Glorified Ponzi Scheme, Urges Nigerians To Invest In ‘Cowtocurrency’

Adamu Garba has shaken the table again as he claimed #Bitcoin as a crypto currency is nothing but a glorified Ponzi Scheme and urged Nigerians to embrace #Cowtocurrency.

The former presidential aspirant has been criticising the use of Bitcoin which he always regard as scam.

In one of his previous posts, Garba had claimed that there’s no better deposit, even more than dollars, against Naira fluctuations than #Cowtocurrency.

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He emphasised that, Nigeria currency is heavily subsidized. And as the fiscal policy geared towards desubsidization, Naira/Dollar value will continue to be unstable, but cows are stable.

There was also a Twitter user @RayTilde who suggested on February 6, that the CBN should print new note and design it with a portrait of cow.

Adamu Garba said in his latest tweet that, “Anyone with little knowledge of financial system engineering knows that #Bitcoin is a glorified Ponzi Scheme of dangerous dimension and should be avoided by all sensible standards.

That is why we advise using #Cowtocurrency. But trust colonial minded Nigerians, any foreign goes!”

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