Bitcoin is like money on the internet. Just as we use naira physically, Bitcoin is digital, no cash in hand, no coins, just online. The big difference is that no bank or government controls it. Instead, it runs on a system called blockchain, which makes it secure and open for everyone to see.

With Bitcoin, you can send money anywhere in the world without waiting for banks, use it as savings against inflation, or trade it when the price changes. Many Nigerians already use it for business and as a way to protect their money.

But note: Bitcoin’s price can go up and down very fast. So for beginners, it’s better to learn first and start small.

In short: Bitcoin is internet money that gives you control of your funds.