MMM unveils new method of payment in Nigeria

Popular ponzi scheme,MMM Nigeria have announced the introduction of Bitcoin as part of its mode of payment in its comeback plans.
  The scheme shocked Nigerians in December 2016 by 'freezing' the accounts of its participants,promising to return in January 14,2017.

    With just few days to the said date,MMM in a statement released online said it has introduced Bitcoin (which is said to be the world's best currency in 2016) as  a method of payment on the scheme.It also said this method enables members to receive payments in bitcoin and watch their monies grow in bitcoin.

The statement reads;

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 Naira at the exchange rate at the moment of providing help, and you were credited with Mavro-Naira in your PO.

“It was the naira amount that grew. In other words, you received 30 percent a month specifically in naira (not in Bitcoins, although you originally provided help using Bitcoins).

“Now, you have a chance to have 30 percent 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 percent monthly growth rate.

“In a month not only 30 percent 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,” it added.