Though I'm new in the cryptocurrency space,I have been hearing so much about crypto ( Bitcoin precisely) lately even before I got registered on the forum and I had to ask this very question because in three days I've heard and seen people talk and discuss about Bitcoin and cryptocurrency in general and it prompted my question wanting to know why it has been talked about this much and gaining more acceptance in my local community despite it's restrictions in my country and is it also gaining this much fame in your environment?
Bitcoin gives us control over our wealth; with Bitcoin, we can now save money by investing in Bitcoin with the goal of making a profit over time, as opposed to FIAT currency, which depreciates over time, and holding fiat in commercial banks can earn you nothing or only small interest, whereas Bitcoin can give you more than 10x of it without any third-party having control over your wealth.
Despite the Federal Government of Nigeria's Bitcoin restrictions, the Nigerian youth are very interested in Bitcoin investment, and the rate at which the youths are adopting Bitcoin is very high, which has drawn the government's attention to Bitcoin legalization.