When will the CBN lift the ban on crypto currency in Nigeria?

[Immilash]

I think that the main issue is that the system of many developed countries was much better than many developing countries in the first place and this is why they have faced less issues when it comes to developing the country.

That's true, I don't know how to put this right to you, we Nigerians we have all that is taken to have a good governance, but the only problem is that we have currupt leaders.

 

[Good-Person]

That's true, I don't know how to put this right to you, we Nigerians we have all that is taken to have a good governance, but the only problem is that we have currupt leaders.

This is the problem in most of the developing country as well. The best way to deal with such kind of problems is to reform ourselves first before choosing the right leader.

 

[greenie]

Whatever they like to do they should just go ahead and do it because it is none of my business, I do not even see the need they have banned cryptocurrency because cryptocurrency as never in any way be an hindrances to the government.

 

[Immilash]

This is the problem in most of the developing country as well. The best way to deal with such kind of problems is to reform ourselves first before choosing the right leader.

That's just the best way to handle this kinds of situations, but for our own country it gets worse, even if you vote for the right leader you will not have the right leader,the government just do what works out for them.

 

[Smiles20]

It is unfortunate that it is trying to isolate Nigeria from the rest of the world on various opportunities that cryptocurrency can present and I just hope that they realise it soon.

 

[Potuse]

Remember anything that has to do with decision making in Nigeria is final, no going back. This one looks like an indefinite time, only time will tell if they'll reconsider it or not.

The government of the country lose focus and as a result of the fact that they are not ready to use cryptocurrency , they are so adamant and they wouldn't want to look at the advantages in it.

 

[Setho]

It is beginning to become absolutely ridiculous at this point in time. I am just hoping that they are going to be considerate and then lift it very soon.

 

[Good-Person]

That's just the best way to handle this kinds of situations, but for our own country it gets worse, even if you vote for the right leader you will not have the right leader,the government just do what works out for them.

Well, many people have voted for the so-called right leaders in the past. However, when the system of the country is corrupt at a basic level, then nothing could help,.

 

[greenie]

Whatever they like to do they should just go ahead and do it because it is none of my business, I do not even see the need they have banned cryptocurrency because cryptocurrency as never in any way be an hindrances to the government.

 

[Bethel Victor]

It doesn't seem cbn would lift the ban on crypto currency any time soon, and this is because the government wants to be in charge of the in and out flow of cash in the country, but even with the ban, lots of people still trade crypto, using the p2p on most platforms.

 

[Setho]

I think they need to be very fast about lifting the ban because they are making people to lose a lot of money and exchange money at very ridiculous rate which is not good for the economy even.

 

[Lynaia]

As it was predicted that cryptocurrency might be the future for every developed countries, I was amazed when i learned that some countries have not adopt cryptocurrency and that a country can even go the extent of banning it without any tangible reason.

 

[Smiles20]

There was news in the past that they have been in talks with some popular currency exchanges but I believe that they are going to make it very hard for people who are going to use.

 

[Immilash]

Well, many people have voted for the so-called right leaders in the past. However, when the system of the country is corrupt at a basic level, then nothing could help,.

That's exactly the point, that's what we call unfulfilled promises, we try out our best in voting our so called leaders but at the end they will just turn their back against us, I believe this happens in most countries.

 

[Good-Person]

That's exactly the point, that's what we call unfulfilled promises, we try out our best in voting our so called leaders but at the end they will just turn their back against us, I believe this happens in most countries.

Well, this is one of the primary reasons why me and many folks in my country may never vote for a leader because selecting the right kind of leader is not a choice when there aren't any!

 

[Immilash]

Well, this is one of the primary reasons why me and many folks in my country may never vote for a leader because selecting the right kind of leader is not a choice when there aren't any!

That's exactly the point, I like this your idea, there's no need to vote for anyone if there's not the right leader, we hardly find a good captain that will lead us in a right direction.

 

[GIFTMICHAEL]

The government of the country lose focus and as a result of the fact that they are not ready to use cryptocurrency , they are so adamant and they wouldn't want to look at the advantages in it.

Some of these politicians are hypocrites. Their children are abroad enjoying the benefit of cryptocurrency but here they are limiting an average man from enjoying the benefit of cryptocurrency . This is wrong in all ramifications.

 

[Smiles20]

The country is going to have an election early next year and I think that that is one of the key campaign promises of the opposition so I am anticipating that it should be at least early next year.

 

[Potuse]

Some of these politicians are hypocrites. Their children are abroad enjoying the benefit of cryptocurrency but here they are limiting an average man from enjoying the benefit of cryptocurrency . This is wrong in all ramifications.

It is all left to them because Nigerians have found another way out . It doesn't stop them fom trading cryptocurrency on the peer-to-peer platform. They all resort to using the P2P platform with no hindrance.

 

[GIFTMICHAEL]

It is all left to them because Nigerians have found another way out . It doesn't stop them fom trading cryptocurrency on the peer-to-peer platform. They all resort to using the P2P platform with no hindrance.

I really thank God there is a way out. The P2P is one of the best way people have been using to convert their cryptocurrency to their bank account. The government are so care less about the masses.