30/10/2024
๐ ๐๐ฅ๐ฆ๐จ๐ฌ๐ญ ๐๐จ๐ญ ๐๐ซ๐ซ๐๐ฌ๐ญ๐๐ ๐
๐จ๐ซ ๐๐๐ฏ๐ข๐ง๐ ๐๐ ๐๐ข๐๐๐๐ซ๐๐ง๐ญ ๐๐ซ๐ฒ๐ฉ๐ญ๐จ ๐๐ฑ๐๐ก๐๐ง๐ ๐๐ฌ & ๐๐๐ฅ๐ฅ๐๐ญ๐ฌ ๐๐ง ๐๐ฒ ๐๐ก๐จ๐ง๐.
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.
22/10/2024
___________ is a period where the cryptocurrency market experiences a significant increase in the prices of crypto and a lot of new user adoption.
17/10/2024
๐๐ก๐ข๐ฌ ๐๐ฎ๐ฅ๐ฅ๐ซ๐ฎ๐ง ๐๐๐ง๐ฒ ๐๐ข๐ฅ๐ฅ ๐๐๐๐จ๐ฆ๐ ๐๐ข๐ฅ๐ฅ๐ข๐จ๐ง๐๐ข๐ซ๐๐ฌ, ๐๐๐ง๐ฒ ๐๐ข๐ฅ๐ฅ ๐๐๐ฆ๐๐ข๐ง ๐๐จ๐จ๐ซ
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.
๐๐๐๐, ๐๐๐๐, ๐๐ง๐ ๐๐๐๐๐๐ฅ
What sector are you bullish on in this bullrun???
14/10/2024
๐๐๐ฉ-๐๐จ-๐๐๐ซ๐ง, ๐๐ฎ๐ญ ๐
๐จ๐ซ ๐๐ก๐จ???
New crypto projects are taking advantage of the Tap to earn narrative and are launching their very own tap to earn game, promoting these games to bring new users to their project and making millions off these users and delivering nothing in return.
Is really a game for the users, or a money maker for the project owners?
Cryptocurrency are more popular than ever because of Tap To Earn projects that onboard thousands and millions of users everyday especially in regions like Nigeria where the interest in cryptocurrencies is just growing.
So far the expectations of most Nigerians have not been met at all.
And some people express their disappointments in these projects, here are a few examples from users on X:
, wrote: โwalai kombat, you will crumble. Since June, Iโve been tapping and tapping, now you pay me like a cleaner instead of CEO.
And a good advice from says:
โWhen farming airdrops, never have high expectations. Because youโll be disappointed when it doesnโt cook. Even if you are sticking with a few that you think will cook, there is a 50 chance they wonโt cook!"
So what are your expectations for the other airdrop projects about to launch?
Huge payout or more dust???
10/10/2024
๐๐๐ฉ๐ฉ๐ข๐ง๐ ๐๐ข๐ซ๐๐ซ๐จ๐ฉ๐ฌ ๐๐ง ๐๐๐ฅ๐๐ ๐ซ๐๐ฆ ๐๐จ๐ง'๐ญ ๐๐๐ฒ ๐๐จ๐ฎ!!!
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
09/10/2024
๐๐ง๐จ๐ฐ๐ข๐ง๐ ๐๐ก๐ ๐๐ซ๐ข๐ ๐ข๐ง๐๐ฅ ๐๐ซ๐๐๐ญ๐จ๐ซ ๐๐ ๐๐ข๐ญ๐๐จ๐ข๐ง, ๐๐๐ญ๐จ๐ฌ๐ก๐ข ๐๐๐ค๐๐ฆ๐จ๐ญ๐จ ๐๐ข๐ฅ๐ฅ ๐๐ ๐๐ก๐ ๐๐๐ข๐ง ๐๐๐๐ฌ๐จ๐ง ๐
๐จ๐ซ ๐๐ก๐ ๐๐ฎ๐ฅ๐ฅ ๐๐ฎ๐ง
Why did Satoshi Nakamoto remain anonymous until now?
Satoshi's anonymity has always emphasized the importance of decentralization and community driven development in cryptocurrency.
But why does he want to reveal his identity now of all times?
๐๐ฌ ๐ข๐ญ ๐ญ๐จ ๐ฌ๐ก๐จ๐ฐ ๐ฌ๐ฎ๐ฉ๐ฉ๐จ๐ซ๐ญ ๐ญ๐จ๐ฐ๐๐ซ๐๐ฌ ๐ญ๐ก๐ ๐๐ฎ๐ฅ๐ฅ๐ซ๐ฎ๐ง???
๐๐ฌ ๐ญ๐ก๐ข๐ฌ ๐ญ๐ก๐ ๐ญ๐ซ๐ฎ๐ ๐๐๐ญ๐จ๐ฌ๐ก๐ข ๐จ๐ซ ๐ข๐ฌ ๐ญ๐ก๐ข๐ฌ ๐ฃ๐ฎ๐ฌ๐ญ ๐ญ๐จ ๐๐ซ๐๐๐ญ๐ ๐ฌ๐ฉ๐๐๐ฎ๐ฅ๐๐ญ๐ข๐จ๐ง ๐๐ง๐ ๐
๐๐ ๐ข๐ง ๐ญ๐ก๐ ๐๐ซ๐ฒ๐ฉ๐ญ๐จ ๐ฆ๐๐ซ๐ค๐๐ญ๐ฌ?
It's been 12 years and no one was able to figure out who Satoshi was, and suddenly a documentary has been made on him.
Can we really trust the credibility of this information?
But however the case may be, Satoshi's identity could legitimize Bitcoin's origins and reinforce its credibility.
Satoshi could inspire new developers, entrepreneurs, and enthusiasts to contribute to the Bitcoin ecosystem leading to an increased growth of the ecosystem.
Exposing Satoshi's identity could also put him at risk of hacking, phishing, or physical harm.
Governments might target Satoshi for taxes, regulation, or legal repercussions as well.
Do you think this is the real identity of Satoshi?
And what impact do you think this sudden reveal will have in the crypto space?
04/10/2024
๐๐ก๐ ๐๐๐๐ค ๐๐ ๐๐ฏ๐๐ซ๐ฌ๐ข๐ ๐ก๐ญ ๐ข๐ง ๐๐ซ๐ฒ๐ฉ๐ญ๐จ ๐๐ฌ ๐๐๐ฎ๐ฌ๐ข๐ง๐ ๐
๐ซ๐๐ฎ๐
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?
02/10/2024
๐๐๐จ๐ฉ๐ฅ๐ ๐๐จ๐ฌ๐ญ ๐๐จ๐ซ๐ ๐๐ก๐๐ง $๐๐ ๐๐ข๐ฅ๐ฅ๐ข๐จ๐ง ๐ญ๐จ ๐๐ซ๐ฒ๐ฉ๐ญ๐จ ๐๐๐๐ฆ๐ฌ ๐๐๐ฌ๐ญ ๐๐๐๐ซ
1.9 million times a year.
37 thousand times a week.
5,300 times a day.
Every 16 seconds...
A new cryptocurrency token is created.
According to analysis made, it is reported that ๐ ๐จ๐ฎ๐ญ ๐จ๐ ๐๐ฏ๐๐ซ๐ฒ ๐ new crypto token is a scam or rug token.
And more times than not, we all fall prey to these rugs.
Due to the decentralization of the blockchain which makes activities and transactions of this nature transparent but anonymous, the creators behind these scam tokens are never caught and held accountable for.
The cryptocurrency space lacks regulation and the necessary bodies to oversee and prevent such activities. If there were some form of regulation regarding how developers launch tokens, people wouldn't lose so much money to these rug pulls every day.
But the lack of regulation has also made it possible for some lucky few people to make thousands and millions of dollars every day from these rug projects all because they had access to early information and they were able to get in and out of their investment early enough.
And who knows, you just might get lucky too one day and catch a 1000% move on a new cryptocurrency token and make millions from it.
So, would decentralization work in your favor, or do you think regulation is needed in the crypto and blockchain space to protect you from losing your hard earned money?
30/09/2024
"Don't watch the clock; do what it does. Keep going." - Sam Levenson
Success is not a destination, but a continuous journey of self-improvement.
Happy Monday, Web3 warriors!
What drives you to succeed???
Share with us!!!
28/09/2024
Which Crypto Sector Do You Think Will Perform The Most In 2024/2025? ๐
What crypto sector do you think will perform the most in the coming months and why?
Share your thoughts ๐ฌ
27/09/2024
The blockchain was supposed to put power in the hands of many, not a few. But after everything weโre witnessingโฆ does that still hold up?
Contrary to the popular saying, blockchain development is not a democratic process.
Why???
This is because the development on the blockchain is done by a selected group of core developers, often self-appointed, who wield significant influence over the direction and functionality of blockchain networks.
These developers or Devs have the ability to:
- ๐๐จ๐ง๐ญ๐ซ๐จ๐ฅ ๐๐จ๐๐ ๐๐ก๐๐ง๐ ๐๐ฌ, ๐๐ข๐๐ญ๐๐ญ๐ข๐ง๐ ๐ง๐๐ญ๐ฐ๐จ๐ซ๐ค ๐ฎ๐ฉ๐ ๐ซ๐๐๐๐ฌ ๐๐ง๐ ๐๐จ๐ซ๐ค๐ฌ.
- ๐๐จ๐ฆ๐ข๐ง๐๐ญ๐ ๐ ๐๐จ๐ฆ๐ฆ๐ฎ๐ง๐ข๐ญ๐ฒ'๐ฌ ๐๐๐๐ข๐ฌ๐ข๐จ๐ง ๐ฆ๐๐ค๐ข๐ง๐ ๐ฉ๐ซ๐จ๐๐๐ฌ๐ฌ๐๐ฌ.
- ๐๐ง๐ ๐ญ๐ก๐๐ฒ ๐จ๐๐ญ๐๐ง ๐ฉ๐ซ๐ข๐จ๐ซ๐ข๐ญ๐ข๐ณ๐ ๐ฉ๐๐ซ๐ฌ๐จ๐ง๐๐ฅ ๐ข๐ง๐ญ๐๐ซ๐๐ฌ๐ญ๐ฌ ๐จ๐ฏ๐๐ซ ๐๐จ๐ฆ๐ฆ๐ฎ๐ง๐ข๐ญ๐ฒ ๐ง๐๐๐๐ฌ.
For example: Bitcoin's core development team has been criticized for its centralized decision-making process.
While the public's perceived control over blockchain is only an illusion that is brought about by:
- ๐ญ๐จ๐ค๐๐ง-๐๐๐ฌ๐๐ ๐ฏ๐จ๐ญ๐ข๐ง๐ ๐ฌ๐ฒ๐ฌ๐ญ๐๐ฆ๐ฌ, ๐ฐ๐ก๐ข๐๐ก ๐ฎ๐ฌ๐ฎ๐๐ฅ๐ฅ๐ฒ ๐๐๐ฏ๐จ๐ฎ๐ซ ๐ฐ๐๐๐ฅ๐ญ๐ก๐ฒ ๐ฌ๐ญ๐๐ค๐๐ก๐จ๐ฅ๐๐๐ซ๐ฌ.
- ๐๐๐ง๐ญ๐ซ๐๐ฅ๐ข๐ณ๐๐ ๐๐ฑ๐๐ก๐๐ง๐ ๐๐ฌ, ๐๐จ๐ฆ๐ข๐ง๐๐ญ๐ข๐ง๐ ๐ญ๐ซ๐๐๐ข๐ง๐ ๐ฏ๐จ๐ฅ๐ฎ๐ฆ๐๐ฌ ๐๐ง๐ ๐ฆ๐๐ซ๐ค๐๐ญ ๐ฌ๐๐ง๐ญ๐ข๐ฆ๐๐ง๐ญ.
- ๐๐ง๐ ๐ฆ๐ข๐ฌ๐ฅ๐๐๐๐ข๐ง๐ ๐ฆ๐๐ซ๐ค๐๐ญ๐ข๐ง๐ ๐ง๐๐ซ๐ซ๐๐ญ๐ข๐ฏ๐๐ฌ, ๐๐ฆ๐ฉ๐ก๐๐ฌ๐ข๐ณ๐ข๐ง๐ ๐๐๐๐๐ง๐ญ๐ซ๐๐ฅ๐ข๐ณ๐๐ญ๐ข๐จ๐ง.
The notion that blockchain is fully decentralized is rather a myth, not a fact.
While the public has some influence, developers and centralized entities hold significant control.
As the blockchain continues to evolve, it's important to acknowledge and address these power imbalances, unless we want to sacrifice the very principles that make the blockchain decentralized and revolutionary.
How can the public ensure their voices are heard in blockchain decision-making?
Can the blockchain truly be decentralized, or is some level of centralization necessary?
Let us know in the comments section.
26/09/2024
While youโre busy collecting dust and wasting time on projects that go nowhere, you're leaving money on the table and missing out on real opportunities.
Navigating the world of crypto can be challenging, but with ML ACAD, you'll have the knowledge and resources to succeed.
๐ฏ๐๐๐๐๐ ๐๐๐๐๐ ๐๐๐๐๐๐ ๐๐ ๐๐๐๐๐๐๐๐๐๐๐ ๐๐ ๐๐๐ ๐๐ ๐๐๐ ๐๐๐๐ ๐๐ ๐๐๐๐๐ ๐๐๐๐๐๐๐๐๐๐ ๐๐ ๐๐๐ ๐๐๐๐๐๐ ๐๐๐๐๐.
ML ACAD gives you the necessary tools to stay ahead and informed in the fast-paced world of blockchain and cryptocurrency.
Whether you're a beginner or an experienced crypto enthusiast, ML ACAD gives you the tools, insights, and community to enhance your skills and grow.
๐๐ข๐ญ๐ก ๐๐ ๐๐๐๐, ๐ฒ๐จ๐ฎ'๐ฅ๐ฅ ๐ ๐๐ข๐ง ๐ฏ๐๐ฅ๐ฎ๐๐๐ฅ๐ ๐ค๐ง๐จ๐ฐ๐ฅ๐๐๐ ๐ ๐จ๐ง ๐๐๐๐, ๐๐ซ๐ฒ๐ฉ๐ญ๐จ๐๐ฎ๐ซ๐ซ๐๐ง๐๐ฒ, ๐๐ง๐ ๐ญ๐ก๐ ๐๐ฅ๐จ๐๐ค๐๐ก๐๐ข๐ง ๐
๐๐จ๐ฎ'๐ฅ๐ฅ ๐ ๐๐ญ ๐ญ๐จ ๐ง๐๐ญ๐ฐ๐จ๐ซ๐ค ๐ฐ๐ข๐ญ๐ก ๐๐ฑ๐ฉ๐๐ซ๐ญ๐ฌ ๐๐ง๐ ๐ข๐ง๐๐ฅ๐ฎ๐๐ง๐ญ๐ข๐๐ฅ ๐๐ข๐ ๐ฎ๐ซ๐๐ฌ ๐ค
๐๐ญ๐๐ฒ ๐๐ก๐๐๐ ๐จ๐ ๐ญ๐ก๐ ๐ฅ๐๐ญ๐๐ฌ๐ญ ๐ญ๐ซ๐๐ง๐๐ฌ ๐
Join ML ACAD today and learn the skills that will help you earn and grow in the crypto industry.