With the stance of our government on cryptocurrency and trading, do you think it is safe to attend these kind of public events?
Bitcoin and other cryptocurrencies are not illegal in Nigeria. What the government are after are P2P exchanges.
Topic: Bitcoin pizza day gaining more relvance. (Read 125 times)
Bitcoin pizza day for Naija na event wey Bitcoin enthusiast fit celebrate among ourselves it mustn't be an open space party where bloggers go carry the news for net.
Make we dey realistic, whether the government dey fight centralized p2p exchanges na still the same Bitcoin and crypto dem dey fight against, because na de p2p platform we take dey trade our coin,their approach to Bitcoin and cryptocurrency isn't friendly.The government just dey find some set of persons wey dem use as example for the crypto ecosystem.In as much as the government is against p2p it has given us a clear picture that those dealing with Bitcoin and cryptocurrency transactions can be humiliated or face trial,in order for us to avoid such from happening everything we do should be done on a lowkey,is not like I'm against Bitcoin pizza day nah nah it's a nice event that should celebrated but it shouldn't be celebrated in a big way where people will take pictures and post on the net and all those jobless troll will take up the pictures and quote all manner of rubbish just to seek attention.
Make we dey realistic, whether the government dey fight centralized p2p exchanges na still the same Bitcoin and crypto dem dey fight against, because na de p2p platform we take dey trade our coin,their approach to Bitcoin and cryptocurrency isn't friendly.The government just dey find some set of persons wey dem use as example for the crypto ecosystem.In as much as the government is against p2p it has given us a clear picture that those dealing with Bitcoin and cryptocurrency transactions can be humiliated or face trial,in order for us to avoid such from happening everything we do should be done on a lowkey,is not like I'm against Bitcoin pizza day nah nah it's a nice event that should celebrated but it shouldn't be celebrated in a big way where people will take pictures and post on the net and all those jobless troll will take up the pictures and quote all manner of rubbish just to seek attention.
Bitcoin and other cryptocurrencies are not illegal in Nigeria. What the government are after are P2P exchanges.
Yes since they have lifted the ban on cryptocurrencies I don't think we should be afraid of coming out to celebrate bitcoin pizza day but even though the government are more interested in p2p exchange transactions but I don't see it convenient enough to be too exposed to the public about cryptocurrency, everything can be done on a low or just on forum here without appearing physically since our government cannot be trusted because we know how funny they can behave so we ought to be very careful and vigilant.There was never a ban in the first place; all we've had since 2021 is limits on bank crypto transactions, which is why you can still access crypto-related exchanges, websites, and forums. If the government ever bans cryptocurrency in Nigeria, it will impose a DNS-level ban on all cryptocurrency-related websites.
I know that the activities or restrictions of the federal government didn't stop most of the people in the crypto industry then because a lot of them were doing it on more 'coded level'. However even though the restrictions was more focused on cryptocurrency banking systems but a ban is a ban because if there was none this news would not have came up.
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With the stance of our government on cryptocurrency and trading, do you think it is safe to attend these kind of public events?
I was going to talk about the scare of government personnels crashing the event and maybe prosecuting the attendees, until I saw this question and must quip that it shows that with more participation and attention to such kind of Bitcoin events and seminars, the government will have no choice than to allow exchanges exist and even if cryptocurrency is regulated, it will be accepted as a recognized means for payments before or after transactions and services rendered. With the stance of our government on cryptocurrency and trading, do you think it is safe to attend these kind of public events?
With the stance of our government on cryptocurrency and trading, do you think it is safe to attend these kind of public events?
Bitcoin and other cryptocurrencies are not illegal in Nigeria. What the government are after are P2P exchanges.With the stance of our government on cryptocurrency and trading, do you think it is safe to attend these kind of public events?
Bitcoin and other cryptocurrencies are not illegal in Nigeria. What the government are after are P2P exchanges.There is no links in the OP to shed more light on the intention of the Bitcoin pizza day celebration, it would have given us more insights into their aim for organizing the event. Although I believe that the event will help to increase Bitcoin awareness and adoption in the country, it will be a good idea if similar events that promotes Bitcoin will be organized in different parts of Nigeria. I am aware of a Bitcoin pizza competition in the forum, I am looking forward to the contest, as an observer.
It's deficult to talk to a youth that's not a trader or isn't doing a freelancing job that has exposed him to Bitcoin.
An average Nigeria dey wired to look for opportunities for themselves. When you have no general.support system on which you can rely you have to be very creative and Nigerian youths are very, very creative in searching out how to make a living. You fit find the same creativity and knack for seeking out opportunities in other developing nations.I dey very surprised say we celebrate Bitcoin pizza dey here, but thinking about it I shouldn't be. We are one of the largest crypto market so it's as possible to such events here as it is any other place in the world.
What it means for me is that bitcoin is advancing in our country even with the way things dey for our country, and if these kind events continue, it will positively affect the number of people who are interested in bitcoins and have bitcoins in our country
even though I don't have cut out statistics of youths in Nigeria that are directly or indirectly involved in Bitcoin, I can say this boldly that at least 60% of Nigerian undergraduate are into Bitcoin.It's deficult to talk to a youth that's not a trader or isn't doing a freelancing job that has exposed him to Bitcoin. Because of the nature of our regulations, people just prefer to do there things on a low key without necessarily allowing others know that they are massively involved in Bitcoin and crypto but the level of Bitcoin knowledge in Nigeria suppases whatever the media is even able to carry.
If you check the 10.2M subscribers on Tap swap telegram channel, would you be surprised to find out that Nigerians might be up to 40% of the total numbers of active miners there? We've got the hustling spirit and we've digged deap into the sphare of tech. Even here on this BTT forum, we are in our numbers and the only reason why we've not gotten to the appex as the most crypto conscious nation in the world with the highest level of adoption is basically because our leaders are old men that don't really know how the system works which makes them to constant attack the Nigerian crypto ecosystem.
On this day last year, I did not notice any celebration of the Bitcoin Pizza day outside of this forum, or did you notice anyone from people who are not in this forum? This year, I have noticed that Bitcoin Pizza day is gaining more relevance as I noticed that people outside this forum even organized an event marking the day, even going to the extent of renting an event space and having branded materials.
(images from a friends whatsapp status)
What it means for me is that bitcoin is advancing in our country even with the way things dey for our country, and if these kind events continue, it will positively affect the number of people who are interested in bitcoins and have bitcoins in our country
I was not in the event, and I wonder what was discussed, I just hope that the main reason behind the day was shared to the people who attended because definitely it is not everyone that attended the event that is an investor yet.
With the stance of our government on cryptocurrency and trading, do you think it is safe to attend these kind of public events?
(images from a friends whatsapp status)
What it means for me is that bitcoin is advancing in our country even with the way things dey for our country, and if these kind events continue, it will positively affect the number of people who are interested in bitcoins and have bitcoins in our country
I was not in the event, and I wonder what was discussed, I just hope that the main reason behind the day was shared to the people who attended because definitely it is not everyone that attended the event that is an investor yet.
With the stance of our government on cryptocurrency and trading, do you think it is safe to attend these kind of public events?
I actually haven't been to one of the bitcoin Pizza events Day but wish to somedays. I really want to have that experience of how the event settings would look like the agendas of the day and how bitcoin Investors maybe tendered to being exposed to the public since such being bitcoin of Investors investors has been unsafe not to be hunted by the government but if those criminal minded people.
I also wish to withness that excitements of non bitcoin investors being craving with all Interests to adopt the use of bitcoin not just for investment purposes but also for their alternative means of making payments.
Op, to my best of understanding about the actions of the government over cryptocurrencies, they're only grudged with the centralized exchange that is associated with the naira and not those as us who invests or deals on the crypto currencies. No need for such alarms hence it hasn't been pronounced an illegal development in the main time.
Bitcoin and other cryptocurrencies are not illegal in Nigeria. What the government are after are P2P exchanges.
Yes since they have lifted the ban on cryptocurrencies I don't think we should be afraid of coming out to celebrate bitcoin pizza day but even though the government are more interested in p2p exchange transactions but I don't see it convenient enough to be too exposed to the public about cryptocurrency, everything can be done on a low or just on forum here without appearing physically since our government cannot be trusted because we know how funny they can behave so we ought to be very careful and vigilant.There was never a ban in the first place; all we've had since 2021 is limits on bank crypto transactions, which is why you can still access crypto-related exchanges, websites, and forums. If the government ever bans cryptocurrency in Nigeria, it will impose a DNS-level ban on all cryptocurrency-related websites.
Little off from OP The EFCC does not just recover cash and cars from fraudsters; they also recover cryptocurrency assets and never one day announced it, who holds these coins?
The United States government possesses around 70k BTC without ever purchasing any; these are seizures from scammers and fake exchangers.
With the stance of our government on cryptocurrency and trading, do you think it is safe to attend these kind of public events?
Bitcoin and other cryptocurrencies are not illegal in Nigeria. What the government are after are P2P exchanges.
With the stance of our government on cryptocurrency and trading, do you think it is safe to attend these kind of public events?
Bitcoin and other cryptocurrencies are not illegal in Nigeria. What the government are after are P2P exchanges. 
On this day last year, I did not notice any celebration of the Bitcoin Pizza day outside of this forum, or did you notice anyone from people who are not in this forum? This year, I have noticed that Bitcoin Pizza day is gaining more relevance as I noticed that people outside this forum even organized an event marking the day, even going to the extent of renting an event space and having branded materials.
(images from a friends whatsapp status)
What it means for me is that bitcoin is advancing in our country even with the way things dey for our country, and if these kind events continue, it will positively affect the number of people who are interested in bitcoins and have bitcoins in our country
I was not in the event, and I wonder what was discussed, I just hope that the main reason behind the day was shared to the people who attended because definitely it is not everyone that attended the event that is an investor yet.
With the stance of our government on cryptocurrency and trading, do you think it is safe to attend these kind of public events?
(images from a friends whatsapp status)
What it means for me is that bitcoin is advancing in our country even with the way things dey for our country, and if these kind events continue, it will positively affect the number of people who are interested in bitcoins and have bitcoins in our country
I was not in the event, and I wonder what was discussed, I just hope that the main reason behind the day was shared to the people who attended because definitely it is not everyone that attended the event that is an investor yet.
With the stance of our government on cryptocurrency and trading, do you think it is safe to attend these kind of public events?
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