MMM Nigeria has decided to incorporate bitcoin into it's system of operation. Before the website seized everyone's macro, it was possible to provide help in bitcoin and receive in Naira. But now, you will be able to receive in bitcoin as well, much like MMM united.
This was as a result of bitcoin being the highest thriving currency in 2016, as it now clocks 1btc to 1000 dollars.
Here is what was found on their Facebook Page
“Due to the recent sharp price fluctuations of Bitcoin, MAVRO-BTC is being introduced in the system”.
“So far, we have only had Mavro-Naira in the
System. Even though you provided help via Bitcoin, your Bitcoins, anyway, were recalculated into the Nigerian Naira at the exchange rate at the moment of providing help, and you were credited with Mavro-Naira in your PO,” the statement read.
“It was the naira amount that grew. In other words you received 30% a month specifically in the naira (not in Bitcoins, although you originally provided help using Bitcoins).
“Now, you have a chance to have 30% growth of the Bitcoin amount, not the naira amount. So, acquire MAVRO-BTC which will be credited in your PO and will grow at a 30% monthly growth rate. In a month not only 30% will be added to your initial amount, but it can increase itself due to Bitcoin price growth.
“And what if Bitcoin price is going to fall? In case Bitcoin price might go down, you will be able to return to naira at any time — instantly convert your MAVRO-BTC into Mavro-Naira (and vice versa, if Bitcoin price might increase again). This option is available in PO. You can convert both confirmed and unconfirmed Mavro.
“We hope that with implementing MAVRO-BTC, your participation in MMM will become more comfortable!”
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Reviewed by Oniranu
on
January 09, 2017
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