ML-Acad

𝐈 𝐀𝐥𝐦𝐨𝐬𝐭 𝐆𝐨𝐭 𝐀𝐫𝐫𝐞𝐬𝐭𝐞𝐝 𝐅𝐨𝐫 𝐇𝐚𝐯𝐢𝐧𝐠 𝟏𝟎 𝐃𝐢𝐟𝐟𝐞𝐫𝐞𝐧𝐭 𝐂𝐫𝐲𝐩𝐭𝐨 𝐄𝐱𝐜𝐡𝐚𝐧𝐠𝐞𝐬 & 𝐖𝐚𝐥𝐥𝐞𝐭𝐬 𝐎𝐧 𝐌𝐲 𝐏𝐡𝐨𝐧𝐞.

It's very common when traveling in Nigeria to get stopped at a lot of security checkpoints along the major express roads.
It's even worse when using public transportation.

After my trip to Imo state where I was delayed on the road for questioning, I had to make a proper research on whether cryptocurrency was really legal in Nigeria.

Sometime in February 2021, the Central Bank of Nigeria (CBN) banned Nigerian banks and financial institutions from dealing with any accounts that have affiliations or transactions related to cryptocurrency, which was the start of all this negative sentiment towards people dealing in cryptocurrency.

But in December 2023, the CBN released guidelines for the operation of bank accounts for virtual asset service providers (VASPs). The CBN lifted the ban of cryptocurrency trading and transactions in Nigeria.

Currently cryptocurrency is now regulated in Nigeria by the Securities and Exchange Commission (SEC) and the Central Bank of Nigeria (CBN).

So yes it is official, cryptocurrency is legal in Nigeria.

𝐓𝐡𝐢𝐬 𝐁𝐮𝐥𝐥𝐫𝐮𝐧 𝐌𝐚𝐧𝐲 𝐖𝐢𝐥𝐥 𝐁𝐞𝐜𝐨𝐦𝐞 𝐌𝐢𝐥𝐥𝐢𝐨𝐧𝐚𝐢𝐫𝐞𝐬, 𝐌𝐚𝐧𝐲 𝐖𝐢𝐥𝐥 𝐑𝐞𝐦𝐚𝐢𝐧 𝐏𝐨𝐨𝐫

Degen...the act of buying and selling tokens be there meme coins, utility tokens, etc is a great way to make a lot of money quickly in crypto.

But many people who don't have the knowledge of how to do this will lose a lot of money.
It's either you take the risk and learn how to make it with degen this bullrun or you stand by the side and watch people make millions everyday.

Many works of art known as are being created daily in the crypto space.
The right NFTs can become extremely valuable over time. Take, for instance, the person who minted 5 NFTs for free and sold them for $30 each.
A month later, each of those NFTs was worth 3 Ethereum!

This bullrun is an opportunity to make millions.
𝐃𝐘𝐎𝐑, 𝐇𝐎𝐃𝐋, 𝐚𝐧𝐝 𝐖𝐀𝐆𝐌𝐈🔥

What sector are you bullish on in this bullrun???

𝐓𝐚𝐩𝐩𝐢𝐧𝐠 𝐀𝐢𝐫𝐝𝐫𝐨𝐩𝐬 𝐎𝐧 𝐓𝐞𝐥𝐞𝐠𝐫𝐚𝐦 𝐖𝐨𝐧'𝐭 𝐏𝐚𝐲 𝐘𝐨𝐮!!!

Since Notcoin, we have seen the constant rise of other telegram tapping airdrops like Cats, Hamster, Catizen, Pixel, Onchain, etc.

One consistent thing you can notice among all these projects is their mode of operation being very similar to that of Notcoin, some even call them copycat projects.
Most of these projects have no real utility on their own and the only thing they do is to make big promises, farm users, make money off the players and deliver dust in return for all the time and money spent.

There are a few tapping projects on telegram that have real utility and will likely deliver well to its users.

Projects with real utility most times come with their own narrative and have utility other than gaming or tapping.
Other utilities for promising telegram tapping projects can include - storage utility, management utility, decentralized exchanges, etc.

Unless you have the knowledge on how to find and recognize projects with the potential to pay you, you'll keep wasting your time and money on projects that won't pay you.

You can know more on how to recognize real opportunities in the crypto space by joining the ML ACAD Community!!!

Join through the link below.
https://t.me/mlacadofficial/1

𝐓𝐡𝐞 𝐋𝐚𝐜𝐤 𝐎𝐟 𝐎𝐯𝐞𝐫𝐬𝐢𝐠𝐡𝐭 𝐢𝐧 𝐂𝐫𝐲𝐩𝐭𝐨 𝐈𝐬 𝐂𝐚𝐮𝐬𝐢𝐧𝐠 𝐅𝐫𝐚𝐮𝐝

Decentralization concentrates power in the hands of blockchain and project developers which gives them the freedom to make decisions that may not align with the interest of the users.

Without some form of centralized regulation and oversight, developers that defraud the public are usually not held accountable for their actions which only leads to more and more of the same behavior happening time and again, and investors keep losing their money in the crypto space.

But the risk of regulation might just outweigh the benefits.
Regulation could stifle innovation by killing off creativity and progress. For example, community driven projects that we're all so fond of and used to would face excessive compliance measures and most likely unnecessary compliance charges.

With the current decentralized systems, it makes user accessibility to many different types of projects easy, but regulation would restrict participation in certain projects and events, but get to favor established stakeholders.

So, which one should be considered more:
The benefits of decentralization despite it's risk or the security of regulation's protective measures which also threaten the ecosystem?