Bitcoin can get rid of government control.
- It is limited in quantity and scarce, and will not increase its issuance.
- It can conduct transactions in countries around the world without permission by using Bitcoin.
- Because it runs in a secure network system, as long as you don't reveal your key, no one will seize the wealth.
Authoritarian governments like Nigeria do not believe in freedom, so they try to manipulate and control Bitcoin and cryptocurrencies.
When people in Nigeria sought financial freedom through Bitcoin, the government gradually realized the reality that cryptocurrency could not be effectively prevented, and the government would lose control of money. When the government no longer has the ability to obtain more benefits, all governments will panic.