Crypto Exchange Blocking and Government Regulations, Preventing the Purchase of HIVE and LEO for my Son

It is another beautiful day to keep creating and growing a financial future for Araire (@ara-hire) and it is in that light that I write this post. Today, he is 2 weeks and 3 days old and everyday I see him, I just smile because he also has this beautiful smile that is contagious. I guess I should give you one selfie of him but trust me this is his most serious face I have seen since his birth.

Now that I am done showing you his serious face, I am sure you are certain now that he means business. Talking about business, when he was seven days old, we christened him. Actually, myself and his mum already gave him a name even before he was born but we had to do a naming ceremony based on culture. On the day, he was given a sum of 60 thousand Naira which as at the current rate of Naira to dollar is about $31.6, seeing that Naira has lost its value to become about 1900 Naira to 1 dollar. It is very worrisome as about 5 years ago, it was about 380 Naira to 1 dollar. In the space of 5 months, it moved from 700 Naira to 1900 Naira.

In floating of the currency is actually a problem, since we are a complete import dependent country. This means that everyone directly or indirectly deals with the dollar and people need to import. For a country of over 220 million people, we import even to the smallest tookpick. We import Stock fish that we use in cooking and let's I forget, we are the highest consumers of stock fish.

In the race to stabilize the economy, the governments are making very uncalculated decision and one was first placing a quota on how much buy orders Binance can do on its P2P. I got to know about this when I wanted to buy HIVE, LEO, and WAIV tokens as I said but I was unable to buy from Binance P2P as there were no buy orders. The only order there was limited.

Today I wanted to check again, then I realized that the government in my country blocked my country from accessing crypto exchanges keeping me stranded as I have not been able to purchase USDT which I would use to purchase the coin and tokens. Hopefully they will unban the exchanges but till then, I will be looking for ways to purchase the tokens..

That look above was how Araire did when I told him I was unable to purchase his tokens as though he understood what I was telling him. Hopefully, by the time of the next post writing, I would have been able to purchase them. Until then, Bye..

Posted Using InLeo Alpha