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21 sats \ 1 reply \ @td 6 Nov 2023 \ on: As a Nigerian, I've Seen How Our Monetary System Has Been Struggling. bitcoin
From what I have read in the news Nigeria seems to have been chosen as as test environment for CBDCs, and the logical "advances" that come hand in hand with it.
In fact, though, what seems to have happened is that the test was inadvertently a test for the people and how they might fight/reject such as top down diktat.
Just my outsider's perspective.
Yeah, they came with the e-Naira but I can tell you for a fact that the project was dead on arrival... Nobody is using CBDC that I know of but I know that some Government bodies might start using it as payment for salaries but as of NOW; it's a dead project.
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