in response to the Nigerian government’s crackdown on Binance P2P and why P2P marketplaces play a crucial role in fulfilling the promise of bitcoin as a medium of exchange.
You are trapped in the economy where your passport was issued. You can't access liquidity in other countries, and they can't access liquidity in your country. Binance is being torn apart by the US government right now. Why did they go for this guy , Binance’s former CEO) so hard? Were they angry he was front-running his own users? No. They didn't care about that at all.
We gave up literally the best thing in the world, a free system of real commerce for a store of value for just another get rich quick pump and dump. It’s actually beginning to dawn on all of us: Oh, my goodness. Roger Ver was right.I was actually just watching an interview with him on The Bitcoin Takeover. He made some interesting points that are in line with what you’re saying.I mean, yeah, I was pissing all over Roger with all the other clowns before, too, but the dude is right.
I invite the government to talk anytime. Peer-to-peer is not a problem but the solution to actually correcting Nigeria's capital control imbalance. If you go to peer-to-peer traders and say, “We need you to help us get more American dollars into the government here to stabilize the price of the Naira, they're like, 'Okay, do it for Nigeria.'”