Puff, like a $wif of smoke, they are gone. All gone. The thriving community of binance p2p traders from Nigeria disappeared overnight. It is hard to imagine how many people are affected or what the impact on Crypto in general or Binance in particular will be in the medium term. One thing is certain, it is a great loss. Nigeria, with apopulation of over 220m people is the largest country in Africa by population, has the largest economy as measured by GDP and is also the poverty capital of the world with an estimated 90m people living below the poverty line. With high youth unemployment, endemic corruption, high rates of crime and growing insecurity, the crypto economy had provided income and employment opportunities for many urban youth. However, bad economic policies, a surging inflation, raging insecurity and poor governance had led to surging inflation which had push the Nigerian currency, the Naira to record lows. The falling Naira and rising insecurity led to a mass exodus of not just talent but also multinationals which closed down operations and fled the country. The one bright spot, the Nigerian capital markets which had had a recent resurgence after the relative peace that followed the transition to a new government in May last year has come tumbling down. The government has decided to scapegoat Binance, going as far as arresting 2 binance executives in the country. This is a developing story..