People all around the world use Bitcoin for different reasons. In some countries, Bitcoin helps people protect their money when their local currency is losing value. In others, it helps people send money to family in different countries without paying big fees.

In countries where the local money is losing value quickly (like when prices for everything keep going up and up), people sometimes use Bitcoin to protect their savings. Since there will only ever be 21 million Bitcoin, it can't be printed in unlimited amounts like some local currencies.

For example, in some countries, the price of bread might double or triple in just one year! This makes it hard for families to save money for the future. Some people in these countries buy Bitcoin to protect their savings from losing value.

Bitcoin is also really helpful for people who need to send money to family in other countries. Normally, sending money across borders can be expensive and slow. Companies that help you send money can charge fees of 5-10% or even more! With Bitcoin, people can send money around the world quickly and with much smaller fees.

In countries where many people don't have bank accounts, Bitcoin can be especially useful. All you need to use Bitcoin is a smartphone with internet access - you don't need a bank account! This helps people who might not have access to traditional banking services.

Some countries are even making Bitcoin an official currency alongside their regular money. El Salvador was the first country to do this in 2021!