Quote from: fabuloveu on January 05, 2018, 08:07:54 AM

Quote from: sirkings0003 on January 05, 2018, 05:36:22 AM

Quote from: coinmgnet on January 03, 2018, 11:28:37 PM

Am I the only one who heard that banks started blocking accounts of people that generated money via crypto trading or crypto investments?
The war Crypto vs Banks has begun?

I was told that same thing is beginning to happen in Nigeria. But this will only complicate issues for them. Apart from legal battles the banks will subject to themselves, the cryptocurrency investors will always find alternative ways of dealing.

The CBN of Nigeria has already issued a notice to bank to closed all account related to crypto from day 1. Their fear is that there are many fraud in the crypto world and they dont want their customers to lose their money. Remember the MMM ponzi scam was the CBN case study. All they are is saying is that bitcoin is a ponzi scam.

The clamp down on crypto related account by CBN of Nigeria is unrealistic considering the fact that cryptocurrencies trading is legal and trust Nigerians traders they will find alternative means for there transactions that is the beauty of Cryptos "decentralization" the deals will be done anonymously.