Nigeria is another country who has attempted digital currency with limited success. But it appears that Africa and Soutj America are the testbed economies. The US and Europe are watching these trials to understand how they will also do this. For the people it is all happening very quick, and there is a lack of clarity around what all of this means. The key issues are accessibility and fairness, both of which are I short supply. So it means that there will be winners (aka the existing asset owners) and loosers those who dont own assets.
Nigeria is another country who has attempted digital currency with limited success. But it appears that Africa and Soutj America are the testbed economies. The US and Europe are watching these trials to understand how they will also do this.
For the people it is all happening very quick, and there is a lack of clarity around what all of this means. The key issues are accessibility and fairness, both of which are I short supply. So it means that there will be winners (aka the existing asset owners) and loosers those who dont own assets.