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Scraped on 03/09/2025, 22:40:05 UTC
[Edited out]
One thing we should understand is that the fight between crypto currency and any government is a long one... Crypto stands as a threat to any fiat most especially Bitcoin that is why there are a lot of regulations against it.. even some countries ban the use of it...I've really thought about it and seen that it will take a whole lot for the Nigerian government and CBN to really welcome that .. the value of naira is already depleting and this adoption will make it deplete more... But we hope for a better future sha
You just
here we don't easily keep to rules and regulations but in other countries once the government announce that there should be no more bitcoin purchase all the citizens will just stick to the rules without violating them, but in nigeria you go announce so ta you go tire .Original archived Re: The Nigerian young hustler, Bitcoin and CBN
Scraped on 03/09/2025, 22:34:39 UTC
[Edited out]
One thing we should understand is that the fight between crypto currency and any government is a long one... Crypto stands as a threat to any fiat most especially Bitcoin that is why there are a lot of regulations against it.. even some countries ban the use of it...I've really thought about it and seen that it will take a whole lot for the Nigerian government and CBN to really welcome that .. the value of naira is already depleting and this adoption will make it deplete more... But we hope for a better future sha
You just heat the nail on the head,and Yeah the government is seriously fighting against bitcoin and if it where possible I think they would have loved to ban bitcoin just as other countries do, but I think is not that easy for them to do. Because our security here is very poor compared to other countries because here in nigeria even if the government choose to ban bitcoin there will still be a set of people who would want to continue with thier weekly or monthly bitcoin purchase and I think I'm will be one of those guys
here we don't easily keep to rules and regulations but in other countries once the government announce that there should be no more bitcoin purchase all the citizens will just stick to the rules without violating them, but in nigeria you go announce so ta you go tire .