Post
Topic
Board Bitcoin Discussion
Re: Bitcoin trading broadly in China,than Nigeria.
by
oktana
on 16/09/2021, 07:18:14 UTC
AFAIK Nigeria doesn't ban Bitcoin but the central Bank on Nigeria could freeze your account if they detect the funds came from Bitcoin, high inflation rate, still a third world countries means not prosperous yet.


[1] https://www.theguardian.com/technology/2021/jul/31/out-of-control-and-rising-why-bitcoin-has-nigerias-government-in-a-panic

When is the difference between banning and freezing your account if you deal with bitcoin? The government of Nigeria did ban Bitcoin. They are just too controlling and that is the freedom Bitcoin brings. They also banned twitter, citizens of that country cannot currently access twitter (unless using a VPN as I heard). But eventually, Nigeria will remove the ban. I have seen how much Nigerians are doing crypto and that number can only grow.