The government of our country is not in favor of this currency. Bitcoin has been declared illegal by the government and through legal notices warning the people of our country not to use Bitcoin and not to cooperate with Bitcoin in any way. But an ICT state minister of our country has made some reviews about the benefits of using Bitcoin to attract the attention of the government. And suggested research on Bitcoin so that our country does not fall behind in this digital era. So that the government can get a proper understanding of Bitcoin and reconsider the Bitcoin legality issue.
As far as I know this currency has been legalized by the government of many countries. Again, the government of many countries has declared it illegal. I think those who declared it illegal, without understanding about Bitcoin, are adamant in such a decision. However, even though Bitcoin has been declared illegal in our country, people are not lagging behind in using Bitcoin. Many people are secretly using Bitcoin even though it is not being used publicly in our country. With the way people are currently getting interested in using Bitcoin, I am optimistic that Bitcoin will become legal in all countries in the future.
One interesting thing was that people in Nigeria have a lot of interest in Bitcoin, and even though it is illegal, people continue to invest and other Bitcoin-related activities, even though the government has blocked accounts related to Bitcoin, people did not stop, and that is when people turned to using p2p, but eventually the government just made it legal some days ago, happy but not happy because we love it the way we have been operating it.
They know the benefits of fighting the system and looking for any way to centralize it, and the warning of not using Bitcoin must be serious, unlike my country, it was illegal but we were still free kind of, and your minister of information might even have some bitcoin share who knows since is busy telling people about its benefits. Governments do not need to research because they know the truth and know what is right. El Salvador took a good step, and countries that made it illegal will later have no choice because people will still use Bitcoin with or without it, so it is even better to make it legal because I don't see any difference.
Nigeria's Bitcoin adoption shows people's strength, right? Innovation, like water, flows despite government restrictions. Thanks for the creative workaround, P2P! The problem is, the game isn't going to change just because Bitcoin is legal. Simply accepting the inevitable. Bitcoin, like gravity, is changing our economy.
Don't get ahead of ourselves. Goverments aren't stupid. They see it coming. El Salvador's move? It's bold and savvy economics. Bitcoin investing is about seeing the future, not just defying the system. Friends, the future is digital, decentralised, and a bit defiant. Bitcoin is an expression that we're ready for a new economy, not just an investment.
The Nigerian government reversing Bitcoin? It's more than money legalisation. Recognising a worldwide economic paradigm shift. Bitcoin changes how we think about money, not simply currency. With or without government support, the people are leading this movement. Bitcon will stay. Accept it, comprehend it, and most importantly, participate. The future is coming, and Bitcoin is important.