ilmscore | Prediction Details
"This begs the question of why Nigeria leads the world and crypto adoption. The short answer is necessity around a quarter of the population is unbanked but not because banking is unavailable as the largest country in Africa Nigeria has some of the most advanced banking infrastructure on the continent. In fact Nigeria became the first African country to roll out a central bank digital currency or cbdc in late 2021 and yet nobody adopted it only 0.5 percent of Nigerians were using the E naira one year later."
By Coin Bureau | July 29, 2023 | Pending
From video
PREPARE Yourself!! Digital ID & CBDC Are Closer Than You Think!! 00:00:03 - 00:01:38
Interpreted Prediction
Despite Nigeria being the first African country to launch a CBDC (e-naira) in late 2021, adoption was very low, with only 0.5% usage one year later. This indicates a potential resistance to or failure in the adoption of CBDCs, even in countries with advanced banking infrastructure.

Prediction Details

Topic
Digital ID and CBDC Adoption

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