Going for multiple transactions against the single transaction is good. I had the similar experience years back and I'm not aware of the bank policies. For some reason I was to withdraw a huge amount and soon after the withdrawal being processed I was called by the manager and questioned of how the money came to your account and what's the need of big withdrawal and you haven't made such withdrawal earlier. I feared and further said it came from my friend and I'm withdrawing for some medical purpose. So, we should be careful as the banks always keep eye over us how to steal the money from the people.

It's not that easy to move to another country because of Bitcoin, every countries have their advantages and disadvantages, if OP is in Nigeria, all he must avoid when using a P2P trade from Fiat to Crypto or ViceVersa is not to include any Crypto related words on the transaction, some sellers on Binance exchange always leave this notice on their board to never include any crypto words to avoid getting track down and arrested by the government, I am sure anyone who follows this rules using P2P will never be in any trouble.

Really? You as well? I know a lot of people buy Bitcoin just to be more prosperous. Well, I don't blame them. Bitcoin Price will be high over time. It doesn't mean you should use Bitcoin because it will make you rich. Look, If everyone holds Bitcoin and never uses it to buy goods, How will it spread worldwide? Also, there is no guarantee that you will be rich if you hold Bitcoin.

Centralized exchanges control 99% market. You can see massive market manipulation if they do shit. It may take a long time to recover where it was. Most people don't know how to hold. That's why we see fear when the Bitcoin price moves lower trend. Do you think everyone can hold?

You should use Bitcoin as your wallet too. If you see a massive adoption of Bitcoin in your area, you can buy goods using Bitcoin. Bitcoin Protects your privacy. People shouldn't know your wealth.

In the end, it all comes back to quantity. If the majority of a nation choose to use crypto, then the government will have nothing to stand against with. This is the reason, they control the media and only spreads news about the bad usages and side of crypto/Bitcoin. That way they create fear amongst the people and corrupt their mind. In that process, they spread fear in our heart so that we won't choose crypto over their controlled fiat currency. The system is broken and we are their puppets.

And about CBDC! I agree with it. They can literally manipulate one's holding if it is stored in their database. How can we be safe from that. The answer is Bitcoin. Yet only few people know about it. Even after learning the truth, many try to overlook this fact. Cause? Fear.
So it all came down to one solution, and that is acceptance of Bitcoin amongst ourselves. Not the government, and not by any other system.

Whoa, hold up - this is some seriously concerning news! Unfortunately, it's all too typical for the government to put its own interests above those of its citizens. Looks like they're trying to stifle our financial freedom, but let's not let that hold us back. We're fully capable of achieving financial independence, no matter what the government throws our way. In fact, I think their actions will only push us to be even more innovative and resourceful. We have the skills and expertise to offer valuable products and services that people need, and that means serious cash flow for us. So let's not let the government get us down - let's use their actions as a spark to ignite our full potential!

The government will always resist decentralization or any factor that will limit its authority.  Bitcoin is one of these factors that limits government authority over finance so it is obvious that the first step of the government is to protect their authority which can result for banning Bitcoin or taking a hostile steps towards Bitcoin while they are preparing for regulation where the can control the effect of decentralization and lost of authority.  Thus they implemented KYC on centralized services and any possible means to control the data and statistics of Bitcoin transaction.


Government has the authority after all.  So the government can do whatever implementation they wanted or any approach they think fit for Bitcoin with regards to their country.

Base on my little research, the Nigeria government no want the youths to make more money than the most of the leaders, rather them like the youth not to work, which no Job in the country. Bitcoin has come to create a global wealth job opportunities, as long they is internet service in your location, which it has empowered many Nigeria citizens and across the globe.