Hello Bitcoin talkers..
We all know that the regulatory body of crypto in Nigeria has been up and down.. today they are putting a ban, and tomorrow they are lift ban just to oust a ban again...
But recently we've have some major shift that most financial institutions can now work with some licences crypto currency firms.. this is proof that we can still grow and make progress in this crypto phase..
However I really want to ask us How do we think the crypto community in Nigeria can effectively advocate for more favourable Regulations concerning crypto currency in Nigeria...
Here is what I think.
1. We can support other crypto advocate like SiBAN(stakeholders in block chain technology association of Nigeria) and BICCoN(Block chain industry coordinating committee of Nigeria) because they are at the forefront of policy making.. we can become a member or donate towards their agender or just by following up recent activities...
2. We all know that the government main concern about crypto is the issue of fraud e.t.c. even if we know that they want to be in control of fiat... But still if we actively promote legit and strong practice in the use of crypto, we can build a more favorable environment for it to grow ...
3. I made a thread concerning block chain developers in Nigeria.... I feel that we as private individuals can support these startups and local project
I will like to know your thoughts and practical ideas that can be useful in making crypto regulation more favourable in Nigeria...
How can we really educate regulators and the public about the benefit of crypto??
How can we support the existing advocates in the country??