What does the future holds for cryptocurrency in your own country??

[Sincerem]

Maybe that's how you heard it, but here everybody does whatever they want, we are living in a lawless town. I would have to sit down and tell you everything, so you can understand. I have not heard that statement. What I can say is that the dollar moves more than the Bolivar.

Okay you're country's currency is Bolivar?? I'm just hearing about the currency for the first time. Dollar is the world currency for transactions. I enjoy seeing my funds reflect in dollars than in my local currency.

 

[Sariana23]

Okay you're country's currency is Bolivar?? I'm just hearing about the currency for the first time. Dollar is the world currency for transactions. I enjoy seeing my funds reflect in dollars than in my local currency.

Yes, indeed the national currency in my country is the Bolivar. But at the present time as I described above everything is based on the dollar and its price of the day. A kilo of rice one dollar and when you go to pay, you must check the dollar page to know how much it is at the moment. This is equal to Bs 2.770.844.85.

 

[btaliat]

In my country, all efforts are taken by the government to frustrate the cryptocurrencies users. But the trend of cryptocurrencies is still waxing stronger just that it is done inconveniently.

 

[Sincerem]

Yes, indeed the national currency in my country is the Bolivar. But at the present time as I described above everything is based on the dollar and its price of the day. A kilo of rice one dollar and when you go to pay, you must check the dollar page to know how much it is at the moment. This is equal to Bs 2.770.844.85.

Hmm, dollar is really valuable when converted to your local Bolivar currency. Buying one kilo of rice with one dollar seems very much cheap at your side. I wish i lived there, it could've been easier for me there. Spending won't be high. Because i know with $500 i can rent a house and psy utility bills and other essential things that makes life easier.

 

[Sariana23]

Hmm, dollar is really valuable when converted to your local Bolivar currency. Buying one kilo of rice with one dollar seems very much cheap at your side. I wish i lived there, it could've been easier for me there. Spending won't be high. Because i know with $500 i can rent a house and psy utility bills and other essential things that makes life easier.

Oh yes $500 is a lot of money here, with that you do a little bit of everything and still have money left, but the minimum wage yesterday was raised to $3. Explain to me how we live here with that.

 

[FreshKaz11]

Sometimes my own country makes some unfavorable decisions that is unpleasant to its people without reasoning the future implications. stopping the banks to trade Cryptos on their own, and stopping them from accepting deposit of cryptos from online merchants isn't the right choice at all. Only the future will tell where this will lead to. I believe that no matter the dreaded circumstances that fazed crypto at the moment in my country. I believe that it will still grow both in my country and worldwide.

Have your country adopted wide usage of Cryptocurrency? Or still doubting it like my own country??

I guess we are both in the same country and I really don't understand the more reason why the government don't ever want the youth to be happy for once in our life time,but either they like it or not crypto currency has come to stay I guess.

 

[BTCBEE]

In my country, all efforts are taken by the government to frustrate the cryptocurrencies users. But the trend of cryptocurrencies is still waxing stronger just that it is done inconveniently.

yes, same here. if we hold cryptocurrencies then we have to submit all documents regarding all crypto currencies we are holding in our wallet so it's not safe and the government will charge a big fine also.

 

[ahmedo24]

yes, same here. if we hold cryptocurrencies then we have to submit all documents regarding all crypto currencies we are holding in our wallet so it's not safe and the government will charge a big fine also.

I wish I know your country and if cryptocurrencies is regulated and legalized in your country considering the kind of declaration you made mention you will do to government.

 

[Niftyyem]

I guess we are both in the same country and I really don't understand the more reason why the government don't ever want the youth to be happy for once in our life time,but either they like it or not crypto currency has come to stay I guess.

I think that it is more of the government shying away from what it doesn't understand and taking decisions because they can and not necessarily because the welfare of its people is eating into them.

 

[Chibson]

Even though cryptocurrency was banned in my country in Nigeria but that does not stop it's operation. The ban has even created more awareness and made a lot of people who venture into it.

 

[Sincerem]

I guess we are both in the same country and I really don't understand the more reason why the government don't ever want the youth to be happy for once in our life time,but either they like it or not crypto currency has come to stay I guess.

Yes, you're courageous man. No matter what our government do around Cryptocurrency it will move up. Its just set to live with us for many years. It has helped the youths by offering hope, and making others rich too.

 

[joy101]

The future holds cryptocurrency in my country is that the government wants to to stop people from using of cryptocurrency, so government are not trying at all in my country.

 

[BrolySSJ]

Sometimes my own country makes some unfavorable decisions that is unpleasant to its people without reasoning the future implications. stopping the banks to trade Cryptos on their own, and stopping them from accepting deposit of cryptos from online merchants isn't the right choice at all. Only the future will tell where this will lead to. I believe that no matter the dreaded circumstances that fazed crypto at the moment in my country. I believe that it will still grow both in my country and worldwide.

Have your country adopted wide usage of Cryptocurrency? Or still doubting it like my own country??

To be honest the stance on crypto in my country seems to be changing and it seems that more and more people are starting to take interest in it and accept it. There are no real laws on it as yet, as there is still work being done to accept it, but i think that it is right around the corner.

 

[Sincerem]

To be honest the stance on crypto in my country seems to be changing and it seems that more and more people are starting to take interest in it and accept it. There are no real laws on it as yet, as there is still work being done to accept it, but i think that it is right around the corner.

South Africa have always been keen admires around crypto. They've supported it since day one. That's why their trading volume around crypto in the world is among top 10.

 

[Bigabigs]

The future of cryptocurrencies in my country is on a balance right now trying to find its footing at the moment. But I think the government will in the end come around to embrace it because it is becoming inevitable as countries have started adopting it gradually

 

[Ayokex]

There are still doubts of the future of crypto currency ,because of the non constant policies of the government actually and this makes more people to consider them ,before using It has a payment methods and the government have refused to legalize the use i think

Irrespective of Nigerian central bank current decision on cryptocurrency, there is still going to be a review hen the to!e comes. Cryptocurrency has come stay and many people understand these they are just fighting it temporarily but will later embrace it.

 

[Sincerem]

The future of cryptocurrencies in my country is on a balance right now trying to find its footing at the moment. But I think the government will in the end come around to embrace it because it is becoming inevitable as countries have started adopting it gradually

Countries are adopting it, every day sees more interested people around coin. That's why they keep on growing every year. When Bitcoin came into existence it wasn't all that high but as time progress here it is.

 

[MercySmith]

In Nigeria, a ban was place on bank having any deal with crypto currency. But this has not affected the crypto traders in Nigeria because of the P2P features.

 

[Sincerem]

In Nigeria, a ban was place on bank having any deal with crypto currency. But this has not affected the crypto traders in Nigeria because of the P2P features.

It didn't affect crypto traders like that, xos of its decentralized system. The P2P method eased such shock decision undertaken by the CBN.

 

[Ayokex]

Every country shows jealousy to fane of other currency. Its not new thing for govt. But in my country there is no talk on crypto currrncy world so far. May be in future they think on such currencies but my neighboring country is going to ban this in their country.

What is happening currently on cryptocurrency in Nigeria is just a matter of time. I'm very sure that very soon the government will review the ban either to completely lift it or to ease the mode of operations.