Another Big CBDC Flop… Here’s What Really Comes Next (Hint: It’s Not What the Elites Hoped For)
by Nick Giambruno, International Man: Last year, Nigeria launched its much-ballyhooed eNaira, Africa’s first central bank digital currency (CBDC). Central bankers, academics, politicians, and an assortment of elites from over 100 countries hoping to launch their own CBDCs have closely followed the eNaira. They used Nigeria—Africa’s largest country by population and size of its economy—as […]