I hate central banks and govts like I do diarreah, bad drivers and mainstream media television, I sure hope our victory comes sooner than later.
3 days ago the Central bank of Nigeri announced that using digital currencies was banned in the country
- Central Bank of Nigeria has banned Nigerian banks from all transactions in virtual currencies like Bitcoin, Onecoin and ripple.
- Central bank warned that these virtual currencies are untraceable and can be used by criminals
The Central Bank of Nigeria (CBN) on Tuesday, January 17, has passed a circular to inform all Nigerian banks that all transaction in bitcoin and other virtual currencies have been banned. Credit
Another great example of the second phase predicted by Andreas Antanopolous
I have spent many hours over the last 3 years making new friends online, some of which are from Nigeria.
My main purpose being educating people about blockchain and the use cases for cryptocurrencies, some of these people who I introduced to bitcoin and such have been writing to me asking for guidance.
I dont think this ban on cryptocurrencies in Nigeria will have any real impact but who knows maybe this firewall created by central banks will do enough damage to delay the bitcoin effect in this potential economic powerhouse.
Thanks for reading another 100% Steempower post
@mallorcaman