The Uncertain Future of Nigeria's CBDC

In this chapter, the speakers discuss the uncertain future of Nigeria's CBDC, as the former central bank chief is now in custody. They also explore the failed attempts to promote Bitcoin and cryptocurrencies in Nigeria, leading to protests and a decrease in the physical stock of money.

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Episode notes

Marty sits down again with Matthew Mežinskis to discuss the Q2 2023 Monetary Base update.

Follow along the charts here: https://twitter.com/1basemoney/status/1696117186236989686

Matthew on Twitter: https://twitter.com/1basemoney

6:05 - eNaira and CBDCs
26:08 - Top 5 currencies
32:30 - Compound annual growth rate
36:06 - FHLB exposure
42:27 - Inflation is impacting people
45:08 - Bitcoin chart
56:49 - Scandinavian physical currency
59:17 - US federal debt
1:15:08 - Canary in the coal mine
1:23:30 - Nations using Bitcoin and BRICS gold
1:40:02 - Optimal outcome

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