This is a continuation of the previous topic...
6. Remember that even countries with stringent laws on Crypto more than NIgeria cannot stop the adoption of cypto by her citizens. Take China for example which still has the largest crypto mining facility in the world yet na their gra gra laws pass everybody own.
Same way I said you cannot stop the evolution of technology.
7. Prepare to leave this country. Nigeria has never had the interests of its mass citizens rather it has only the interest of the elite.
Other countries are becoming favourably disposed to crypto currencies as it aims at generating wealth through taxes on its economy
Crypto as some people have submitted does not affect our currencies value.
Paying in Crypto from an exchange is through naira, withdrawing is also through naira the currency being dealt on is a 'digital' currency emphasis on the digital. It has nothing to do with Dollarized Nigeria reserves yet some ignorant people claim it gives unfair disadvantage to the nigerian naira with no sound economic explanation.
Crypto currency has been classified in some countries as a service commodity. You want biscuit you pay for it, you dont want it you sell it. The only thing left for government is just to tax it on how they see fit.
P2P Buying/selling.
Peer to peer as the name suggests means You can always make crypto available for buying or selling to those who require them via legit escrows and platforms. Always be on the lookout through this method oooo. You know Nigerians can be crafty.
Crypto was foreseen to have issues with world governments hence the nature why it is decentralized. in time, there will be nothing like control, there will only be general acceptance of useability and data collation of users.
A word is enough for you in making your decision.
Crypto isn't the future, crypto is now. Be wise
6. Remember that even countries with stringent laws on Crypto more than NIgeria cannot stop the adoption of cypto by her citizens. Take China for example which still has the largest crypto mining facility in the world yet na their gra gra laws pass everybody own.
Same way I said you cannot stop the evolution of technology.
7. Prepare to leave this country. Nigeria has never had the interests of its mass citizens rather it has only the interest of the elite.
Other countries are becoming favourably disposed to crypto currencies as it aims at generating wealth through taxes on its economy
Crypto as some people have submitted does not affect our currencies value.
Paying in Crypto from an exchange is through naira, withdrawing is also through naira the currency being dealt on is a 'digital' currency emphasis on the digital. It has nothing to do with Dollarized Nigeria reserves yet some ignorant people claim it gives unfair disadvantage to the nigerian naira with no sound economic explanation.
Crypto currency has been classified in some countries as a service commodity. You want biscuit you pay for it, you dont want it you sell it. The only thing left for government is just to tax it on how they see fit.
P2P Buying/selling.
Peer to peer as the name suggests means You can always make crypto available for buying or selling to those who require them via legit escrows and platforms. Always be on the lookout through this method oooo. You know Nigerians can be crafty.
Crypto was foreseen to have issues with world governments hence the nature why it is decentralized. in time, there will be nothing like control, there will only be general acceptance of useability and data collation of users.
A word is enough for you in making your decision.
Crypto isn't the future, crypto is now. Be wise
