Beijing tried to launch a digital yuan in Hong Kong and once again it didn’t work out very well. Of the 7.2 million people living there, only 625 people have opened a digital wallet. People couldn’t be bought with discounts and they don’t need this digital yuan of theirs.🙅‍♂️

This is not the first time China has launched its hands in Hong Kong, introducing the digital economy there. And the stubborn Hong Kongers are all against it, they are too smart and do not want control over themselves from the Communist Party.Nigerians don’t believe the government and the bank, they just started exchanging goods by barter and spat on digital naira. The guys just change bananas for bread and calculate how many goods someone needs for a particular service.

The irony of the situation is that digitalization has thrown Nigeria into the Stone Age and brought the guys back to the natural exchange. The government is outraged and already wants to ban digital currencies, as they have completely failed to justify themselves.

It’s about CBDC