Quote from: nelson4lov on Today at 07:56:28 AM

Charles, I don't know about you or the opinion of others about the issue of regulating cryptocurrencies in Nigeria. I no just badu the idea. Wetin I dey try talk be say, we all got into crypto because of the the financial freedom along with privacy that was promised. Accepting to be regulated will make it look much more like traditional financial service providers like banks. Coz CBN go define limits, rules and even punish defaulters wey go against their regulations. Na why I just dey talk say e no too fresh. Well anyhow e be, we go still survive.

There is no better option than to regulate cryptocurrencies in Nigeria, else if not regulated, it will remain banned. Rugulating it does not mean we will not have the freedom you are implying, we can still make use of our wallet for such for privacy, also p2p can not be stopped because it is beyond the reach of any government to stop the use of p2p. All needed is to have the full ways to have the privacy we want, irrespective of the country we are, we can still privately make use of cryptocurrencies.

Like now, we using cryptocurrencies not need help to buy or sell irrespective of ban or no ban as p2p is difficult to deal with by governments, but we just need cryptocurrencies to be accepted in Nigeria for other reasons, like the boom in crypto ATM companies in Nigeria, while we will still find many ways around to have the privacy we want.