#enaira

So Nigeria was one of the first to be able to try out CBDCs. And it failed miserably. Here are nearly 3 year old articles: basically the foreplay Thriving Under Pressure: Why Crypto Is Booming in Nigeria

The eNaira was a total failure based upon the redemption of banknotes. It had a rate of 0.5% of the banknotes redeemed. In this video I discuss how we have a prime market for HBD in these countries. It

The failure of CBDCs in Nigeria could throw sand in the gears of the elites’ plan to implement them worldwide. That would be a big positive for human freedom. Only 1 in 200 Nigerians use the eNaira. The

Of course,we are in 21st century that's tagged by most people as computer era. Everything is now being computerized and digitalized including the semi-former cash money are now being moved gradually into

I am on record as saying that CBDCs will fail completely. Are we starting to see some evidence of this? In this video I discuss the 10 month old eNaira and how it is being embraced (it isnt). I do privde

photo source How digital currency has changed the world positively in an aspect of economic growth has been a good one. I guess its part of the reason Nigeria decided to launch its own (I guess) WHAT IS

Monday, 25th October 2021, marks a day in Nigeria's economic history when its Central Bank decided to roll out the eNaira project tagged "Same Naira, more possibilities". According to the project's

The president, on Monday 25th of October launched the enaira platform. Source ENaira platform came to been in order to make financial transactions easier. It is forced in Africa and one of the earliest