Quote from: Mpamaegbu on Today at 01:34:26 PM

Una dey talk dis thing like sey una dey for sane societies of Europe and America where institutions dey function without presidential interference.

That brought up the comment that you were neither wrong nor right, but could be misleading people. For people that do not know what exactly who officially banned cryptocurrencies in Nigeria, reading from your post can mislead the person to think the president of Nigeria banned cryptocurrencies, but cryptocurrencies are officially banned by the CBN governor irrespective of the political aspect.

Quote from: Mpamaegbu on Today at 01:34:26 PM

Shey una listen to VP Osinbajo comment when CBN banned crypto for Naija ba? So, una think sey if na Osinbajo be presido, Emefiele go ban Bitcoin?

Even the incumbent president rival during the last election who is also the formal Vice President of Nigeria during Olusegun Obasanjo regime against the CBN ban, requesting the CBN to rescind the ban. We also know how Nigeria Security and Exchange Commission only calls for regulation rather than ban, the reason I think the CBN president got no option than to take to media that Nigeria can still make use of cryptocurrencies that only the banks will not support any transaction that are crypto related directly, the p2p crypto transaction in Nigeria is legal while making it illegal is beyond the jurisdiction of the CBN, what most Nigerians did not know until CBN government made that statement, but what we Nigerians on this forum knew.

As far as I know in Nigeria, the president too have much power which ought not to be, if Buhari wants to revoke the CBN ban, we all know that the chances is more than 70% possible, else CBN governor would most likely be fired, this is Nigeria, and purely political. Although, it is necessary the president (I do not know about Nigerian president, no be me talk that one o) should know about cryptocurrencies, but should be totally left alone for the CBN to make their own decisions. We would still see people that will take the move to court so that the ban will be revoked in court, but this can take a long time as it happened in India. Also, I believe the opposition party might be crypto friendly than this present government that find all means to distress citizens.

Quote from: igehhh on Today at 02:12:30 PM

No be that same CBN Governor wey talk say "Bitcoin is made from thin air" say e go vanish very soon with this kind statement this kind of man dey like person wey sabi about how cryptocurrency works? From VP statement it very clear that the man knows how crypto works but he was not in position to decide whether the ban will stand or not.

The same person that says cryptocurrencies are illegitimate