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Banks have always sucked at timing. This is why FinTech was beating them up and taking away their extra profits.

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In Nigeria, crypto is the direct competition the banks and they're trying to stifle it so that they'll keep enjoying that monopoly.

It's similar in the US but the rights of the citizens and states gets in the way of the government. However it does look like the rights are slowly disappearing due to the politics going on.

Posted Using LeoFinance Beta