Post
Topic
Board Nigeria (Naija)
Topic OP
As a crypto user isn't it sumtin to give a thought about?
by
Lida93
on 26/10/2023, 14:59:34 UTC


I dey sure say some of us don hear or know of John Odidi, the guy nah one popular social media influencer and motivational speaker for we Naija and below nah him thought of advise about the recent FX crisis wey federal gofment fit impose exercise tax on parallel market transactions.

 if you read through this article  you go get clear understanding of wetin John Obidi the try advise crypto users for the quote below to do think of a way out ahead of time make them be taken unaware wit strict regulatory measures we no fit bypass after now.
Quote
source:
Crypto will soon be ‘properly’ banned by this government.
Connect the dots.
The government is trying to get the Naira under control, and its current method of doing so is to control FX transactions.
It canceled BDCs and soon reinstated them.
It floated the Naira and quickly backpedaled on that as well.
Now, it’s trying to tax any FX transactions done outside its window.
Someone will tell them that crypto is included.
They will say “But Buhari banned crypto”
And they will answer “Yes he did.. but not entirely. Nigerians still use crypto exchanges to buy and sell dollar”
Point is… in order to be an elite Nigerian in these times, you must be 10 steps ahead.
Don’t wait until it happens and becomes a trending hashtag.
Design your response ahead of time.
If this tax reform is implemented in the manner the federal the try to do am e go affect we wey the use crypto in a very negative way becos the so-called reform is predicated on regulation of finance of Nigerians and not else.

So how unah reason this matta, make we tok of possible hints to use survive this plan.