USING BLOCKCHAIN TECH

Last updated: June 17, 2025, 16:51  |  Written by: Fred Ehrsam

Using Blockchain Tech
Using Blockchain Tech

Nigeria Launched Its Cbdc

Nigerians' Rejection of Their CBDC Is a Cautionary Tale for Other

Nigeria launched its CBDC, the eNaira, with the hope of transitioning to a cashless economy. The government initially attempted to encourage adoption by offering incentives such as removing

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In Nigeria

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In Nigeria, citizens have taken to the streets to protest the nation’s cash shortage, further objecting to their government’s implementation of a central bank digital

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The Nigerian Government Is Intentionally

In Nigeria, citizens have taken to the streets to protest the nation’s cash shortage, further objecting to their government’s implementation of a central bank digital

The Nigerian government is intentionally forcing its citizens into a cashless Keynesian economy while they position their surveillance CBDC - eNaria as final destination.”

In 2025, the Central Bank of Nigeria launched its CBDC (the eNaira). Nigeria’s CBDC is an intermediated CBDC where banks and other financial institutions act as a third party between

The Central Bank Of Nigeria

The Central Bank of Nigeria has encountered trouble in convincing Nigerians to employ the CBDC. A dainty 0.5 percent of the population has been using the CBDC since

Fred Ehrsam can be reached at [email protected].

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