As things be so, whether government welcome crypto trading or not, Nigerians go continue to they involved in am, it is legal in our country, the only thing wey them do na to ban Naija banks them from processing crypto transactions, but crypto/crypto trading they go on without any trouble for here, the government fit no like am, and them fit no they in support of am, but so long as say e they legal, e no concern anybody wey they into crypto/crypto trading.
What if crypto trading because illegal? I see say the only reason we dey carry shoulder up na because government never ban crypto trading for the country and before you think say dem no fit do am remember wetin happen to twitter. Websites are centralized as such dey fit ban access to them for the country although VPN go clear road but e no go easy as e been dey before. And if them ban the trading then the officer go get right to dey distrub people.
E no get anyhow you go tell me say crypto trading no dey affect dollars price as well. I understand say the economy no good and na the major reason we Naira dey crash but we get other smaller factors and one of them na the unregulated crypto trading wey dey go on for the country.
This matter of the naira lossing weight for the market no really get better attachment with on how people the trade, the real coco nah we government wey don't totally fail to do the right thing in the right way.
Just imagine how many of them and their children and relatives the run go sch abroad, what about the issue of every big n small man only wanting to buy only things wey be foreign made, imagine how much we government don borrow borrow up and down, inside all this borrow borrow conditions dey ontop am wey no dey favourable to the naira which we know but still becos of their selfish interest them go still go on borrowing.
As it stands like dis naija no follow for exporting countries except crude oil wey no be we sef the refine am despite how many refineries we gather get for the country. Oya just remember ajeokuta steel company wey been the produce steel irons of any kinds how many years now it dey shutdown. That company alone go produce all the irons wey Nigeria need to take do anything weda na rail tracks, car panels and trucks but rather we dey import iron steel from China with the same money with borrow from China. No be juju be that? So tell me how the dollar and other currencies no go continue to appreciate against the naira.
Oya make I burst ur brain! Do you know that in the 70s and 80s from Lagos international airport to New York was #17,430 but today just from Port Harcourt airport to Lagos even #50,000 never reach for flight. Just imagine , so why people no go try hustle through the available loophole for other higher currency so Dem fit meet up the hike in prices of domestic goods and services?
This matter na only God fit give us the kind leader we dey look out for, cos everybody don really tire for this our FATHER LAND, but it is well shaa!