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Nairaland Forum / Nairaland / General / Business / 5 reasons the CBN Crypto Ban is Inconsequential. (335 Views)
Crypto Ban: FCMB Begins Treating Customers Aged 18-30 As Fraud Suspects / Binance, Quidax, Buycoins Africa, Bundle obey CBN’s Crypto ban / 4 Reasons The Rich Keeps Getting Richer - How You Can Join Them (2) (3) (4)
5 reasons the CBN Crypto Ban is Inconsequential. by Blue3k(m): 8:20pm On Feb 11, 2021 |
Reason it doesn't matter. 1. Crypto currency doesn't require third parties to transact or to store currency in hardware wallet. 2. Peer to peer exchanges still opperate. 3. Unless the government shuts down the internet transactions will continue. 4. Less taxes and fees for holders of Crypto since middle men are cut out. 5. DeFi (decentralized finance) is inevitable. Front page: Lalasticlala mynd44 |
Re: 5 reasons the CBN Crypto Ban is Inconsequential. by Blue3k(m): 9:03pm On Feb 11, 2021 |
Here's some P2P exchanges: localcoinswap hodlhodl paxful binance remitano Hardware wallet: Trezor and Ledger S |
Re: 5 reasons the CBN Crypto Ban is Inconsequential. by mrfreestuff: 9:08pm On Feb 11, 2021 |
Blue3k: The banks through kyc and BVN will know. Banks won't like to incur the wrath of CBN. Except you pay cash, you need the banks and CBN. |
Re: 5 reasons the CBN Crypto Ban is Inconsequential. by Blue3k(m): 9:17pm On Feb 11, 2021 |
mrfreestuff: Alternate payment methods can be arranged. Localcoinswap might be for you. P2P crypto exchanges offer a wide array of payment options, such as Paypal, gift cards, credit cards, M-PESA, Western Union, MoneyGram, SEPA, PayNow and almost any types of payment you can think of! |
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