Nigeria went from banning Bitcoin in 2021 to taxing it at 25% capital gains in 2026. The government now classifies BTC as a security. VASPs pay 30% corporate tax. Your TIN and national ID are linked to your wallet activity no forensics needed. Quidax already killed its P2P service over it.

On paper, this sounds like a crackdown. From Lagos, it reads differently.

Nigeria has 27–30 million active crypto users. Not because people here are speculating but because the naira loses value faster than any savings account can compensate. Bitcoin wasn't a trade. It was the only dollar most people could reliably touch when the CBN choked forex access.

A 25% tax on gains still beats 40%+ annual inflation eating your salary.

When the government finally taxes something, it means they've accepted it's real. That's five years of fighting to get here.

Bitcoin keeps winning in Nigeria not because it's easy but because the alternative is worse.

Bitcoiners in various countries how are your governments moving on this? Is the tax inevitable everywhere?