Crypto Free Publicity: Nigerian Government Played Themselves.

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Honestly, the Nigerian Government played themselves without even knowing, they placed the ban on crypto on the 5th of February last year, almost a year now by the 5th of this month.

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The Nigerian Government did free publicity for crypto while they thought they playing it smart, in their heads, they are protecting the Nigerian economy from the crypto but on the other hand, they made more Nigerians more curious about this digital currency (crypto) that the government place a ban on crypto and are closing crypto traders account over, this increasing in the number of people that now know about crypto is massive.

before the ban, it was just very few youths who had an idea about what crypto was and a lot fewer who could trade crypto but eventually more people got interested in crypto and started learning about crypto and have started to trade crypto now.

The crypto ban also included that banks are not allowed to do any crypto transaction to cripple crypto traders, because is now like they can't withdraw their money from crypto exchanges to avoid their accounts being blocked, but little did the government know that there was something called P2P (Peer to Peer), P2P cut out the part of traders withdrawing at the risk of their account getting blocked, but as P2P (Peer to Peer) has no transaction with the bank directly, we became safe from our bank account being blocked because P2P is between the two crypto traders ( the buyers and sellers).

Now you see why I said the Nigerian government played themselves, because now so many youths and older people are now getting involved in crypto one way all the other, and are also making money from them, **Thank you for reading my post.

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Exactly. I wrote a post about this same occurrence days after the ban,
https://leofinance.io/@mistakili/look-how-nigerian-government-is-fostering-crypto-adoption-with-new-cbn-law
Almost a year after and everything I’ve said seems to be true.

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I just read your post and you were right, the government thinks they were punishing the crypto traders but instead, they gave crypto more publicity.

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