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Author Topic: An Opportunity for Bitcoin P2P Usage  (Read 193 times)
Nightwatchmare
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August 28, 2025, 04:06:15 AM
 #21

If we even decide to adopt your proposal and do P2P among ourselves in the forum, it is still the same as making use of centralized exchanges P2P because we will still receive money (Naira) in our personal banking account, which the federal government could monitor our transaction history and know the people who are earning 800k per annum so that they will be taxed. If you know you can earn 800k per annum, and you don't want to be taxed by the federal government, you can save your money in bitcoin, and anytime you want to make use of Naira, you can exchange a little bitcoin to Naira and you could reduce your chances of being taxed by the federal government.

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August 28, 2025, 05:54:49 AM
 #22

People wey dey use bitcoin fit dey do deal without them to use naira or bank account, so the real nature of bitcoin wey Satoshi do fit dey in use wella wella for Naija, and that 25% tax no go come affect use wey dey use bitcoin if we come chose to dey use P2P for Naija.

Normally eh, you dey see discussion wey involve avoiding paying taxes no suppose dey encourage for here but the way the government dey behave they make us welcome am. If to say the government dey really use the money wey them dey get from tax payers to improve the standards of the country then I no go dey against am but this one wey be say after you do good citizen finish, na for backyard them go gather share the money between themselves so now what's the need of paying all this taxes. If the taxes dey favour you then why not, continue paying and don't think about bypassing it.

 
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