Post
Topic
Board Nigeria (Naija)
Re: FG don pass law way recognize Bitcoin
by
osasshem
on 06/05/2025, 10:58:51 UTC

Then again, how them wan take Dey classify undeclared or Bitcoin them way no run through recognized or licensed exchanges…?

Watin really be the possible benefits and
Challenges way this law fit bring or face as you see am?

Na the matter way I bring for una be this my people, make we talk am…

Well, this matter fit de look like joke, but e carry seriousness full body well well. We know very well say this awa leaders/government de poss serious charges and tax/vat on us, almost on anything way relate to money transactions with all forms of bank wey de wi country, and the same thing go continue if dem come into the legal use of Bitcoin and exchanges as well. To me, I no sure say possible benefits go de to compare with the challenges we go face for the crypto community.

When Bitcoin and related crypto currencies never de generally accepted, we know say the anonymity no give us any issue, but now way we wan start to experience transparency, EFCC and CBN go start to put eye more into bank transactions, and this one go affect us in time to come, but I know say the smart people go get way out.

For me, I for prefer say exchanges no even come into the country, make we de use the normal foreign exchanges alone. This thing dem wan do na to continue their normal ways of restraining people from financial freedom, and I know say boys de wise up on daily basis for the internet.