THE DRIVING FORCE BEHIND CRYPTO ADOPTION IN NIGERIA

The adoption of cryptos has steadily increase over time,many countries and organizations has been adopting cryptos in various ways,big organizations now accept cryptos in the payment of good and services,well I guess many has seen the future to be crypto and I think that is more reason why the adoption of crypto around the world is growing so fast.

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Nigerian is a country that is not also left out in the adoptions of crypto despite government ban.there is increased use and adoption of crypto everyday which is something I feel is very good for the system because of the need for more adoption of cryptos by the world.but I think it also wise to ask that why is there increase in the adoption of crypto in Nigeria despite government ban,why are people rushing into crypto in the country more than ever, recently statistics show that Nigeria is the most crypto obsessed nation in the world. So I think it will be a good idea to look at the forces and reason behind crypto adoption in nigeria.

POVERTY IS A DRIVING FORCE IN NIGERIA.
Nigerian as a country has a very high level of poverty,I can say that this is one of the main driving force behind the adoption of cryptos in the country.many people especially the youth has seen crypto as a way to escape poverty,there is inadequate job in the country which has made many citizen job on the street,now everyone need to survive by all means thereby forcing people to look for survival and one of those means of survival is crypto,so if the ban on crypto by the government can't stop crypto or slow down the adoption of cryptos in the country then I can say that poverty has pushed many into crypto because everyone need to survive.

Another factor or force behind crypto adoption has in Nigeria is that investment in cryptos pays alot,at the moment I don't think there is any investment anyone can make in the world that be as profitable as crypto,even notable wealthy people around the world invest crypto not because of anything but because of the large return in profit that is associated with crypto,I feel this is one reason why the adoption of cryptos in Nigeria is on the rampage, everyone is looking for ways to make something out of nothing and cryptos has all that is needed to change ones life financially through investment.

Well all I can say is that as long as the above aforementioned factors or forces continue to exist in nigeria there is still going to be more increase in the adoption of crypto in Nigeria,even all over the world.