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![image.png](https://files.peakd.com/file/peakd-hive/b0s/23uFHAKcUNp2S9pLgre92FNfkyaSDk47bvKpLSyLYZAudKAzayJeNXqfiUTYf84b5BDnp.png)

<center><sub>*[Photo by Kanchanara from unsplash](https://unsplash.com/photos/ow-rGjlqJkM)*</sub></center>


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As a Nigerian whenever someone asks me what I do unless you're close to me I'll almost never tell you I'm into [Crypto](https://leofinance.io/@leoglossary/cryptocurrency), I'd rather mention the other things even shoemaking which I've been in and out of lately will be mentioned first. You see, over here there is a negative stereotype about anything relating to online [money](https://leofinance.io/@leoglossary/leoglossary-money).


![image.png](https://files.peakd.com/file/peakd-hive/b0s/23tbPU2ucPbKPSdE5pvDn1wcQ4BN81f4EWhqtnhmcsu6H7nmoqtNzQ2APPifD5sqiDtmZ.png)



I remember In the past when people were still quite accepting of online [money](https://leofinance.io/@leoglossary/leoglossary-money) there was this new online platform called MMM that was giving incredible returns on [investment](https://leofinance.io/@leoglossary/leoglossary-investment). It became very popular really fast and at the peak of its popularity, it crashed and ran away with a lot of people's [investment](https://leofinance.io/@leoglossary/leoglossary-investment). It was a terrible time for a lot of investors especially cause it crashed very close to the festive period (Christmas). I was lucky not to have [money](https://leofinance.io/@leoglossary/leoglossary-money) at the time because I would have invested If I did. I think it was from this moment a lot of people decided to steer clear of online money-making opportunities. To make matters worse, after MMM, many [Ponzi schemes](https://leofinance.io/@leoglossary/leoglossary-ponzi-scheme) came to life following similar routes. At that point, anything involving online [money](https://leofinance.io/@leoglossary/leoglossary-money) was seen as a scam.



![image.png](https://files.peakd.com/file/peakd-hive/b0s/23tbPU2ucPbKPSdE5pvDn1wcQ4BN81f4EWhqtnhmcsu6H7nmoqtNzQ2APPifD5sqiDtmZ.png)

Now, times have changed. They're still a lot of [Ponzi schemes](https://leofinance.io/@leoglossary/leoglossary-ponzi-scheme) out there, but as time has passed we have learned to look closely and can now spot most [Ponzi schemes](https://leofinance.io/@leoglossary/leoglossary-ponzi-scheme) from a mile away. Some even play deadly games and get into [Ponzi schemes](https://leofinance.io/@leoglossary/leoglossary-ponzi-scheme) early with the plan of getting their profit and running before it crashes.  

![image.png](https://files.peakd.com/file/peakd-hive/b0s/23tbPU2ucPbKPSdE5pvDn1wcQ4BN81f4EWhqtnhmcsu6H7nmoqtNzQ2APPifD5sqiDtmZ.png)


But the thing is, the majority of those who make [money](https://leofinance.io/@leoglossary/leoglossary-money) online are the younger ones. A large number of older people still see online [money](https://leofinance.io/@leoglossary/leoglossary-money) as a scam. They have the mindset that for one to make [money](https://leofinance.io/@leoglossary/leoglossary-money) he or she must go to work. Be it a job, handwork, or a business. But In the current day and age, it is not so anymore. Technology has come to change things, especially [crypto](https://leofinance.io/@leoglossary/cryptocurrency). [Cryptocurrency](https://leofinance.io/@leoglossary/cryptocurrency) challenges the current monetary system ([fiat](https://leofinance.io/@leoglossary/leoglossary-fiat-currency)) which is controlled by banks and the government. But over here we don't really care about things like that. We just want to get Jobs, earn [money](https://leofinance.io/@leoglossary/leoglossary-money), save, and maybe (for the very few who aren't just trying to get by) [Invest](https://leofinance.io/@leoglossary/leoglossary-investment) in some physical property that may yield [profits](https://leofinance.io/@leoglossary/leoglossary-profit) and make them [wealthy](https://leofinance.io/@leoglossary/leoglossary-wealth). But the truth is that few will actually acquire [wealth](https://leofinance.io/@leoglossary/leoglossary-wealth) that way. In the end, a lot of people get caught in the rat race. 


![image.png](https://files.peakd.com/file/peakd-hive/b0s/23tbPU2ucPbKPSdE5pvDn1wcQ4BN81f4EWhqtnhmcsu6H7nmoqtNzQ2APPifD5sqiDtmZ.png)


Another thing that gives Online money a bad name over here is the fact that It is usually the excuse a lot of scammers (yahoo boys as they are called here) give whenever they are asked what they do for a living. This is one of the major reasons I don't mention it, so I won't be labeled as one of them.


![image.png](https://files.peakd.com/file/peakd-hive/b0s/23tbPU2ucPbKPSdE5pvDn1wcQ4BN81f4EWhqtnhmcsu6H7nmoqtNzQ2APPifD5sqiDtmZ.png)
 
The good thing is, As time Is passing the younger ones are learning. There's increased interest in learning how to make [money](https://leofinance.io/@leoglossary/leoglossary-money) online. When you're online it seems as though everyone is aware, but physically is when you realize that there's still a large number of people who are either uninformed or misinformed. But it's almost certain that we're moving forward and with time we'll see a rise in the number of well informed Nigerians (especially in [crypto](https://leofinance.io/@leoglossary/cryptocurrency)).


## <center>**~THANKS FOR READING~**</center>


![image.png](https://files.peakd.com/file/peakd-hive/b0s/23tbPU2ucPbKPSdE5pvDn1wcQ4BN81f4EWhqtnhmcsu6H7nmoqtNzQ2APPifD5sqiDtmZ.png)


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