You just can't make this stuff up... Aruba's central bank cites the Nigerian experience as a model to follow for introducing a CBDC and reducing cash use.
The Nigerian government created a cash shortage so bad it led to protests and riots!
At the time, I explicitly wrote that this experience was a cautionary tale about why CBDCs should be avoided. Yet, the central bank of Aruba seems to see the opposite.
Stuff like this is exactly why the nostr:npub17xvf49kht23cddxgw92rvfktkd3vqvjgkgsdexh9847wl0927tqsrhc9as CBDC Tracker is here.
