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Ferric67 Ok. Thanks. A couple of things.
You sent me a link to a Guardian article that was a year old. Those people were protesting because the government was switching from old bills to new bills and the deadline was approaching. That's what the article was about, right? Zero to do with digital currency.
But here's what gets me with that Cato article. Nigeria adopted digital currency in 2021. The writer said it was adopted due to the cash shortage. But that happened in 2023. The math doesn't really add up, huh? I wonder if there's a reason for that?
Digital currency in Nigeria is optional. The
vast majority use legal tender. And I still don't know the role BIS has in this.
But to toss it out there the WORLD will use digital currency in the future. There's no question about that. A digital dollar will happen. With all the necessary safeguards to allow economies to continue to function successfully.
But maybe you just want to believe that 'the man' is going take what's yours. Or you'll become a slave in some dystopian society. There's some out there who want others to believe that. They use words like "riots" and "forced" in headlines because it's effective. Whatever. My money is on the smart, reasoned people.