Central Bank Digital Currency is Just Demand-Side Communism

The verdict is in and Nigerians, by an overwhelming majority, have no interest in using the country's new Central Bank Digital Currency (CBDC), the eNaira. After more than a year, only 0.05% of Nigerians are using it. I have a theory: life under communism is awful and CBDCs are just demand-side communism.

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#CBDC #eNaira #communism