The world through my distorted lens... a distorted world through my lens.

Bitcoins And Plastic Rice

"Guy how far?" 

"Boss I dey o. How your side."

"Na you be boss o. I dey look up to you. Nothing much dey happen. Holiday tinz on a low key."

"Who you dey whine. You wey be boss. Omo this harmattan no be hear o."

"Leave harmattan first. It comes and goes. Let's talk business. Have you heard the latest?"

 "I listened to the network news last night, there wasn't anything different from the usual updates. So what's the latest?" 

 "Just guess" 

"Have that unfreezed mavro? "

" No. They said till January 14th. Guess again."

"You know I'm not good at guessing. So spill, else I continue going where I'm going, maybe if I come back, I'll continue guessing."

"Okay. You sef. Well, It's bitcoins. Heard of it? "

" Ermm, not exactly. I've been hearing people talk about it but honestly, I know nothing about it.  What is it all about?"

"It's a digital currency. One can use it to carry out international transactions seamlessly without having to go through rigorous bank procedures."

"Hmmm. So how does that affect the price of Agege bread? How does bitcoins concern me? You know I'm a local trader and I earn in Naira. So...?"

"Bryan Tracy said one shouldn't depend on one source of income. Robert Kiyosaki further explains the need for investment through his E.B.S.I quadrant..."

"Leave theory abeg. Who theory epp?  Just tell me why I should invest in bitcoins, and when I'll get  back my capital."

"I'm only telling you this as a friend. It's not as if I stand to gain anything if you invest in it not."

"Oya no vex. Teach me. You know say you be my oga."

"See ehn, this bitcoins is appreciating almost on daily basis. Three months ago, 1btc was equal to N270000, today 1btc equals N460000."

"Oh boy!"

"You've not seen anything yet. The price surge started after Trump won. As at last week Tuesday, 1btc was equal to 760USD, today, 1btc is equal to 930USD. You can google it."


"Hmmm. This is serious. That means, one can buy this bitcoins, stock it and sell when it appreciates and make cool dough. Soft work."

"Yes. But you must watch it, it's a volatile currency and depends on market demand. The good news is, the demand is on a steady rise as countries are adopting crypto-currencies. I heard CBN is delibating on introducing it formally into the country. In fact, it is predicted that by the end January 2017, 1btc will equal 1000USD"

"But ehn, I'm afraid o. Since you said it's a universal currency, it might be the apocalypse thing the Bible prophesied about in the book of Revelations. "

"Hahaha. You're funny and skeptical. I didn't say it's a universal currency. I said it's a digital currency. Crypto-currency, better put."

"Okay o. If I come back we'd discuss more about it. I'm in a haste. "

" No qualms. Where are you heading to? "

"I'm going to the market to see if I can buy a bag of rice."

"Alright. The festivity didn't affect the price of rice as there were more supply, supplies including plastic rice. So be careful not to buy plastic rice o."

"Which one is plastic rice again? There nothing one will not hear in this country."

"I thought you said you have been listening to news. Don't you find plastic rice unusual?"


"See this one o, you think I don't listen to news? We've not had light for some time. I don't even know about the plastic rice thing. Let alone finding it unusual. Tell me more."

"Well, in summary it's a synthetic-fake-adulterated rice shipped in from China. It's not the normal rice that is grown biologically in farms. This one is manufactured using nonbiodegradable plastic materials and it is dangerous to the health."

"People are wicked o. How can someone produce such for human consumption? How can someone import such into the country? What are the custom officers doing? 
So how can I differentiate between plastic rice and normal Thailand or Malaysia rice?"

"It boils down to greed my friend. They must have bribed the custom officials. Well, to differentiate, you can put samples of the rice in a bowl of water. If it sinks, then it's normal. If it floats then it's plastic. Or better still, buy Ofada rice. Buy made in Nigeria."

"I heard the Ofada rice is now making sense."

"Yeah. So I heard. I also heard it has better nutritional benefits."

"You mean you've not tasted Ofada rice?"

"I can't remember. You're running late right? We'll discuss more when you come back."

"Alright bro. When I come back, we'll discuss more about bitcoins."

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