Jack Dorsey Appoints Three Nigerians To Board Of Bitcoin Trust “BTrust” Him, Forms Jay Z

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December 16, 2021, 6:22 PM WHAT

New Informate 49 minutes wey don pass

Wia dis foto come from, Other

Jack Dorsey, former CEO of Twitter, has not named three Nigerians at the head of Btrust that I will establish with the American rapper Jay Z to finance the development of Bitcoin in Africa.

Dorsey made an announcement for her Twitter page and congratulated the board members, including a South African.

Di three Nigerians na Abubakar Nur Khalil, Obi Nwosu and Ojoma Ochai. South African di among dem na Carla Kirk-Cohen.

These three Nigerians are named despite the Nigerian government failing to ban cryptocurrency activities for the West African country.

Nigerians are part of the dose, they trade cryptocurrency well, but the Central Bank of Nigeria is banning it for early 2021.

Khalil already thanks Dorsey for the opportunity, on his Twitter page and says he is honored to be working for his team.

“Thank you very much @jack for this opportunity, I will be working for this great team. Let’s get to work building the future of Bitcoin and launching Africa to face the currency revolution,” Khalil bin tweeted.

On my Twitter page, Ochai said she was happy to be a part of the Btrust team.

She thanks Dorsey, Jay Z and oda pipo who make me happy.

“I’m really excited to start. Thank you Jack and Jay and all una wey make them happy. I look forward to working with the rest of the board,” Ochai wrote for Twitter.

Wetin be say Btrust?

Dorsey and Jay Z bin create Btrust to finance the development of Bitcoin for Africa and India. The two did not put 500 Bitcoins for the trust.

Di purpose of di trust na to make Bitcoin di internet currency.

Dorsey says that I and Jay Z are not going to give direction to the board members, which means four board members are going to be making the decisions on their own.

Tori be say Jack Dorsey and Jay-Z wan will donate $ 24.5 million in BTC to fund the development of #Bitcoin in Africa and India, through this initiative.

Wia dis foto come from, Other

Wetin we call say foto,

Dorsey, who resigned as CEO of Twitter at the end of November, forms the Bitcoin trust fund in partnership with American musician Jay Z.

Who are Nigerians and South Africans?

Nwosu na di co-founder of Coinfloor, a cryptocurrency company.

Ochai na di Managing Partner of CcHUBCreative (Co-Creation Hub). This company is a technological innovation company.

Khalil na main contributor to Bitcoin.

Kirk-Cohen is a software engineer for Lightning Labs.

Wetin be cryptocurrency and why CBN ban am?

Cryptocurrency is a decentralized digital currency based on blockchain technology.

The decentralized system makes it possible to verify and record cryptocurrency transactions in the form of cryptography.

There are many coins for cryptocurrency, but the most popular are Bitcoin and Ethereum.

Di CBN says they ban cryptocurrency to say that the cryptocurrency transaction is anonymous and is not traceable.

The bank also said they are making a decision to say pipo dey will use cryptocurrency to launder money and finance terrorism and criminal activity.

Dem say investors lose a lot of money because of the way the cryptocurrency goes up and down too.

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