CBDCs and the Future of Finance: What Can We Learn from Nigeria?

1 year ago
2

This video discusses the risks and challenges associated with Central Bank Digital Currencies (CBDCs). Using Nigeria's experience as a case study, the video illustrates the potential pitfalls of CBDCs, from societal trust issues to economic inflation. Additionally, it provides insights into how different governments are exploring and adopting CBDCs, raising crucial questions about the future of finance and monetary systems.

Keywords:
CBDC, Central Bank Digital Currency, Nigeria, Monetary System, Finance, Blockchain, IMF, Hyperledger Fabric, Consensus Method, Inflation, Counterfeiting, Currency Hoarding, Monetary Policy, United States

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