Post
Topic
Board Nigeria (Naija)
Merits 5 from 3 users
Topic OP
An Opportunity for Bitcoin P2P Usage
by
NurseHub
on 26/08/2025, 22:27:46 UTC
⭐ Merited by CryptopreneurBrainboss (2) ,Ojinga (2) ,Wakate (1)
I been dey read one news say our Presido wey be Bola Ahmend Tinubu, just sign one new Acts (bill) in to law and this Acts carry  Personal Income Tax (PIT). Na the headline news be this;
Quote from:
Individuals earning NGN800,000 or less per annum will now be exempt from tax on their income and gains, while higher income earners will be taxed at a higher rate up to 25%.

This one mean say most of us here wey be the masses for Naija go dey pay 25% tax to our government soon, as long as say you earn money big reach 800k (Naira) every year!

Here be the real matter: After I read the news I come think am different say na opportunity be this for Bitcoiners, as long as say you nor dey use exchange or personal bank account them no go tax you because you no too get naira wey day come into you bank account by of the year, so I come think am as opportunity for bitcoin P2P for Nigeria.

People wey dey use bitcoin fit dey do deal without them to use naira or bank account, so the real nature of bitcoin wey Satoshi do fit dey in use wella wella for Naija, and that 25% tax no go come affect use wey dey use bitcoin if we come chose to dey use P2P for Naija.

Weytin Una think of this my thoughts.