Nigerians’ Rejection of Their CBDC Is a Cautionary Tale for Other Countries
nickanthony.substack.com
CBDCs may be popular among central bankers, but money is ultimately a tool for the people. So long as the risks outweigh the benefits, it’s unlikely any CBDC will gain traction in Africa or elsewhere.
Nigerians’ Rejection of Their CBDC Is a Cautionary Tale for Other Countries
Nigerians’ Rejection of Their CBDC Is a…
Nigerians’ Rejection of Their CBDC Is a Cautionary Tale for Other Countries
CBDCs may be popular among central bankers, but money is ultimately a tool for the people. So long as the risks outweigh the benefits, it’s unlikely any CBDC will gain traction in Africa or elsewhere.