Peer to Peer Volumes explode in Nigeria after centralized Exchanges are banned

The government can surely put a stop to bitcoin and crypto trading right?

Wrong.

In Nigeria they banned centralized Exchanges in an attempt to put eliminate bitcoin and crypto investing/trading.

Well, ever since the ban the peer to peer volumes have seen a huge boost in activity.

Check it out:

(Source: https://twitter.com/DocumentingBTC/status/1385254693543288835)

Any attempt to ban bitcoin and or crypto will result in the same outcome.

People will move to other ways to use it.

As long as people have an internet connection, they can get around these bans, and in some cases don't even need an internet connection.

The better route is sensible regulations instead of trying to stop what is inevitable anyways.

Eventually they will come around, just like most have before them.

Stay informed my friends.

-Doc