I long forsaw this coming. The government knows that Nigerians are beginning to shun commercial banks against the microfinance banks and these banks are being patronised majorly by Crypto enthusiasts making them feel that they are the one manipulating the naira price which in the real sense, the politicians and government officials are the ones causing the naira to fall.
I'm have long decided not to bother myself with anything about Nigeria wars with Crypto ever since the news of the binance escapees saga. I just did not bother any more following up with the case because monkey hands dey inside the pot of soup. How would you explain this that such situations happened to the point of him flying out of the country without anybody noticing it.

Back to the main discussion,  banning these micro finance banks would solve no problem but rather ignite more fire. The economic growth and development of a nation determine the value of the currency of that nation. Nigeria I know is only at the consuming side and barely produce in commercial quantity for exportation but only crude oil and this crude revenue is not properly accounted for. As a matter of fact, that is the conduit at which they do their dirty deeds from. So banning of banks from accepting new registration is just a waste of time.

I totally subscribed to your submissions commercial banks for seen that many do patronize online banking to them, and they come up with the plan and collide with CBN just to bring wallet down if not politicians are the one looting using black market bureau the change for the exchange

А можно было просто играть в онлайн игры и сторониться русскоязычного комьюнити. Я так и учил, помимо мультиков, школы и универа. Играя в Ultima Online и еще какую-то ММОРПГ, из-за тяги к игре, невозможно было не научиться переписываться на английском. Разговорный мой английский далек от идеала, но вот чтение и письмо проблем не доставляло никогда. Разве что какое-то слово подсмотрю. Постинг на англ упирается в практику и словарный запас. Никто не будет никогда особо напрягаться, если вдруг вместо past perfect поставишь past continuous.

Тут зависит от того, какого уровня хотеть. Меня немного расстраивает, например, что я хорошую литературу на английском читать в своё удовольствие не могу, потому что не хватает пассивного словарного запаса синонимов. Т.е. смысл-то я понимаю довольно хорошо, но невозможно получить удовольствие, когда не улавливаешь все нюансы, которые закладывает автор. В результате, тонкий юмор и красивая сатира просто могут пройти мимо, потому что не понимаешь, «что это за жизнь без пианины».

В результате, общаться-то можно и неплохо, незнакомые вещи можно у собеседника переспросить, а вот нахвататься достаточно для полноценного использования уже непросто. Никогда не видели, как изучившие русский язык иностранцы вставляют абсолютно нелепые идиомы, которых никто из носителей языка не знает? Вот и мы так же смотримся, когда говорим по-английски, и это ещё в лучшем случае! 

CBN bans Moniepoint, Opay, Kuda, others from taking new customers over cryptocurrency involvement
Central Bank of Nigeria has stopped the Social Media or Online Banking system or apps to register new member to the banking system. According to them, those Banks are use to manipulate the Naira through the cryptocurrency market. Why Nigerian government is doing all this to suffer the innocent people? Nobody is manipulating the naira but the government himself. Only one policy can settle everything and they don't want to do it but busy playing blame game with the cryptocurrency participants because they are benefiting from the rising of dollar.

My view is that other commercial banks are behind all these band of wallet, due to that wallet banking are over thrown them, many do dumped them and go for online banking because they are fast and reliable, network always intact, with your smartphone you don't need to be on queue just be in your comfort zone and transactions will be moving smoothly,

Quote from: Joseph Lee on May 05, 2024, 02:38:17 PM

I simply want to understand the underlying reason behind all this excitement. Does it have any influence on the tokens listed on the cryptocurrency exchange or the BGB token itself?

I think there is a big correlation between a solid and verifiable Proof of Reserve (PoR) and a coin/token price in the market. We have to remember that everything is about demand and supply...and demand can be influenced by a lot of factors. People like traders and investors would tend to buy and hodl digital assets that they think really represent value and can be here today and into the future...meaning there must be a business that is doing well in the market. And this can be true with your example above which is BGB of Bitget.

I agree with you, Tompluz, that if users could verify data, it would give them confidence to use a service. I also think that the CEX compliance with regulations might be a factor, and it has reflected in this growth metric since Jan.

I don't know how hunting after bounties is a full time for some people, maybe they have been used to it anyway, but am not still convince about how rewarding bounties have been to many of its hunters, even though despite they were aware that some of these bounties resulted to scam, because they are not rewarding and fails as the project remained unsuccessful, if we are interested in doing counties, we should not solely base on them alone, we can attached other investment aside bounties to help us have higher earning opportunities.

Or it's much better to find another full time job. Having investment does not make you have a stable income that you can use for your daily or monthly needs. If investment and bounty hunting are our only way to make money, I don't think it would be sufficient.

Besides, investment does not always make us profitable. Compared to having a full time job is much better or become an entrepreneur.