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Africa leads the world in peer-to-peer Bitcoin Adoption by onwugbenuvictor

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· @onwugbenuvictor ·
$13.25
Africa leads the world in peer-to-peer Bitcoin Adoption
Well, I am not shocked that Africans are the once leading the Bitcoin peer-to-peer adoption in the world because take my country for example, where the greedy government and leaders who only do what is best for them and fill their pockets have placed a ban on crypto, meaning we can not do anything crypto transaction through our banks, because the central bank made sure of that by issuing a statement that anyone or accounts that do anything transaction related to crypto that account should be frozen. 

![20221001_054505.jpg](https://files.peakd.com/file/peakd-hive/onwugbenuvictor/23uEzQCVef97QjP71LQjuoDPGAoaW14EY1JkxKR67UmEh16P47c7cqgQ5MNVqZo676akz.jpg)
[Source](https://twitter.com/DocumentingBTC/status/1575558077234847744?t=9l22kW18eg59JWR0SJjbjA&s=19)

This means they would literally take your money from you if you trade crypto or your receive any payment from a crypto exchange because they do not want us to trade crypto and make money from it, now to make matters worse they placed a limit for I think less than $100 on any foreign exchange transaction in a month with our debit and credit card.


Making it incredibly difficult to do any dollar transactions above $100 or less monthly, but the truth is this when you back someone or people to a corner, if they are there long enough they would always find a way out and when we did find a way out outside peer-to-peer, the central bank government a few months back put out a statement that any caught buying dollar would be arrested, which is funny because people still do.


So definitely in my country with this government oversight headaches peer-to-peer seem to be the only way out, and that is why it is thriving and many people are adopting it because the government and Central Bank can not touch it or stop it. After all, they can not differentiate who is doing a peer-to-peer transaction from someone doing a normal bank transaction and I don't think anyone doing a peer-to-peer transaction would be dumb enough to add anything crypto in their transition description except if they want their account or accounts with all the money inside it, no matter the amount to be frozen and may be gone forever.



***THANKS GUYS FOR READING MY POST.***

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vote details (98)
@cryptosnowball ·
They try to limit their citizens to have a Plan B. At least they cannot ban peer-to-peer transactions and people can move money around.
👍  
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@onwugbenuvictor ·
They tried to limit us but we found a better way.
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