RE: RE: Turkey Bans Crypto Payments Amid Currency Crisis
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RE: Turkey Bans Crypto Payments Amid Currency Crisis

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A foolish decision by the Turkish government, this BTC and cryptos ban seems to me like the fight against drugs: the most useless thing that central powers can do. We should only remember the example of Nigeria, whose government also maintains by decree the ban on the exchange and possession of cryptos for the same reasons as Turkey, however the population assumed the exchange via P2P with offline wallets or wallets not linked to the official exchanges making impossible the detection by the authorities of this type of "clandestine" trade.

On the other hand Nigeria, as a result of the ban on cryptos is the place in the world where BTC is sold at the highest price, exceeding USD 100K, so that is what awaits Turkey, people, especially those who know that the local fiat currency is worthless garbage will continue to acquire and exchange BTC and make it more expensive to the disgrace of the government of that country.

@nirvana3003: A foolish decision | Ecency