Quote from: Igebotz on October 30, 2024, 09:50:54 PM

Noticed it a day after this topic Court orders crypto company to pay N140m to EFCC for illegal USDT/Naira trade was made, Bank transfer vendors also reduced as most vendors went offline. I guess the bad news caused a lot of vendors to deactivate. And for your question; no it's not safe, don't accept physical trading with a stranger as the chances of you getting robbed, killed is high.

We do not have CCTVs on our roads/streets - your security is not guaranteed.

Sometimes I just ask myself whether truly our government are naive or maybe they’re just playing the fools game when it comes to crypto. Yes I know fully way that some of the actions that some government take is to secure and protect their Jurisdictions, to avoid making the country a dumping ground for international companies that wants to have their way without first going through the due process, yes I’m fully aware but then again, there should be exceptions in some cases and the government should at least make their requirements a little more flexible for the both parties rather than trying to crackdown on every crypto activity in the country. The demands are pretty much, making it pretty difficult or nearly impossible for those companies to even attempt negotiating, it’s almost as if they don’t really want crypto to exist in the country or if it has to, then it needs to be on their own terms and this is really preposterous and annoying at the same time.
Nigeria has a very strong position in the Crypto global market and with the right push, this could turn out to be a huge innovation for our country, and we could achieve even greater heights than we’ve already achieved.