Nigeria Protest Group Asks for Bitcoin Donations After Regulators Blocks Bank Account

Nigeria Protest Group Asks for Bitcoin Donations After Regulators Blocks Bank Account

An announcement on Sunday, October 11, 2020, by the Director-General of the Nigerian police that the SARS would be disbanded, has seemingly failed to appease protesters. One protest supporter, who did not wish to be identified, told the situation on the ground remains tense. She said reports of brutality and killings by the same unit are continuing.

Feminist coalition’s bitcoin account already has over 1 million in donations already. The government think they’re mad? Welcome to digital madness.

— Elon Mosque (@That_IjebuBadoo) October 13, 2020

Meanwhile, in a post on Twitter, the Feminist Coalition urged Nigerians to donate via bitcoin since two of its donation channels were now blocked. The post said:

For demanding an end to police brutality we are now under attack! Our bank account has been deactivated and so has the Flutterwave donation link. Our members’ lives are also being threatened.

Flutterwave, a Nigeria payments gateway, which kickstarted the initiative to raise funds to pay for medical bills of those injured in the protests, appeared to have caved in to pressure from the government. Flutterwave’s unconfirmed decision to close the Feminist Coalition’s donation link is corroborated by reports that company executives were recently summoned by the Central Bank of Nigeria (CBN).

By asking for bitcoin donations, Feminist Coalition is confident funds for bankrolling the protests will continue to flow as Nigerians are already familiar with cryptocurrencies. Nigeria is already Africa’s largest cryptocurrency market and many in the country use digital assets like bitcoin and Dash to make payments.

The protests, which are fronted by Nigeria’s tech-savvy youth, seek an end to brutality and corruption within the country’s police force. In a statement, the youth say they “also want a psychological evaluation & retraining (by an independent body) of all disbanded SARS officers before they are redeployed.”

Meanwhile, Jack Dorsey tweeted in support of the Feminist Coalition on October 14. In his tweet, Dorsey urges his followers to “donate via bitcoin to help #EndSARS.”

What do you think of this decision by the Feminist Coalition to ask for bitcoin donations? Share your views in the comments section below.

The post Nigeria Protest Group Asks for Bitcoin Donations After Regulators Blocks Bank Account appeared first on Bitcoin News.


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