PREPARE Yourself!! Digital ID & CBDC Are Closer Than You Think!!

"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."

"The World Bank has been rolling out both in its debtor countries with the help of the Bill and Melinda Gates Foundation case in point the World Bank gave 400 million dollars to Nigeria to create a national digital ID in 2019 and it's just one of many digital ID funds the country has received from the U.S Affiliated entity."

"In fact the only reason they have is because the Nigerian government made it mandatory you reportedly need a digital ID to get a driver's license to get a SIM card for your phone and apparently to participate in elections too."

"This is almost exactly what the EU is planning with its digital ID wallet as the name suggests the EU's digital ID will come with a built-in wallet."

"This means that the only way Nigeria's corrupt politicians can make money is by essentially appeasing both sides they're rolling out digital ID and cbdcs to get money from the World Bank and they're rolling out all kinds of faulty and unreliable infrastructure to get money from China."

"In theory it's meant to increase Financial inclusion in practice however you can only access it if you already have a bank account Now to be fair this is something that could easily be changed and it's possible that it has been by the time of shooting this video but even then Nigerians do not have the reliable physical infrastructure required to adopt the e-nira consider that almost half the country still doesn't have internet access."

"Nevertheless Nigerian officials don't seem to care because they still seem hell-bent on effectively Banning cash to force cbdc adoption probably to get more World bank money."

"Fortunately in February this year Nigeria's Supreme Court stepped in to stop the old banknote Ban from going into effect unfortunately it's believed this was done for political reasons because all the Supreme Court did was delay the old banknote Ban to December this year."

"Highlights include the creation of smart cities where every citizen will be tracked using their digital ID and will require social media information as part of kyc to create a bank account."

"It looks like cryptocurrency could soon be the only alternative available to many Nigerians that's because the physical naira has been collapsing ever since the government removed its currency peg in June."

"according to the government the naira lost 23 of its value overnight according to locals it was 40 percent."

"now this brings us to the question of how you can use cryptocurrency to protect yourself from a similar outcome in your country make no mistake digital ID cbdc's smart cities and all these other dystopian Technologies are being rolled out around the world and quicker than you may think Nigeria just seems to be further ahead."

"the harsh reality is that cash alone is not enough to protect you against what's coming crypto is also required and some would argue that gold is required too so the imperative is to ensure that you always have an ability to store and transfer wealth that's outside of the dystopian system being created."