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These Countries Rejected CBDCs

2024-01-10 Education
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Nomad Capitalist
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Become a Client: https://nomadcapitalist.com/apply/ Get our free Weekly Rundown newsletter and be the first to hear about breaking news and offers: https://nomadcapitalist.com/email Get on the waiting list and join us for the next Nomad Capitalist Live: https://nomadcapitalist.com/live/ Around the world, countries are grappling with the idea of implementing their own Central Bank Digital Currencies (CBDCs). While some nations eagerly experiment, others face internal resistance. In this video, we explore Nigeria's journey with the eNaira, Africa's first CBDC. Discover why citizens are skeptical, how cultural perspectives influence adoption, and the impact of government decisions on the cryptocurrency landscape. 00:00 Start 00:20 Cultural Perspective on CBDCs 1:22 Nigeria's Distrust of Government Surveillance 3:58 Nigeria's Experience with CBDCs 7:04 Nigeria as a Cryptocurrency Market 10:24 Go Where You're Treated Best Nomad Capitalist is the world's most sought-after expert on legal offshore tax planning, dual citizenship, and international asset protection. We work exclusively with seven- and eight-figure entrepreneurs and investors who want to "go where you're treated best." Nomad Capitalist has served as the “architect” and “general contractor” for 1,500+ clients who wanted one company to manage their holistic plans. We help these clients keep more of their wealth, increase their personal freedom, and protect their families and wealth against current and future threats at home. Our in-house team of researchers, strategists, and executioners know more about these strategies than just about anyone. We’ve also spent more than a decade building a trusted network of attorneys, accountants, real estate agents, and others to assist our clients. As a result, our approach is not only holistic, but agnostic; we offer our clients advice on and options in 90+ countries, more than any other firm by far. If you’re looking to diversify internationally, whether for lower taxes or as a “Plan B”, trust the industry pioneers at Nomad Capitalist and our experience serving the needs of globally-minded entrepreneurs and investors. Become Our Client: https://nomadcapitalist.com/apply/ Our Website: http://www.nomadcapitalist.com/ About Our Company: https://nomadcapitalist.com/about/ Buy Mr. Henderson’s Book: https://nomadcapitalist.com/book/ DISCLAIMER: The information in this video should not be considered tax, financial, investment, or any kind of professional advice. Only a professional diagnosis of your specific situation can determine which strategies are appropriate for your needs. Nomad Capitalist can and does not provide advice unless/until engaged by you.

Top Comments (10)

@V4BTC 2024-01-10

You cannot trust any gov that controls the money printer.

49 2 replies
@vemeli 2024-01-10

I live in Nigeria now. Moved almost 3 years ago. You control more of your life. Noone is using the eNaira. I live totally off grid (solar power and borehole water filtered with a Berkey filter). Chickens in the backyard. Country has problems, but everyone is self employed. I feel more free than i did in rhe West. The country is also very modern in certain areas. If you have money, you will live well.

73 19 replies
@happyrich2359 2024-01-10

Ur such a no nonsense practical guy sharing great useful information. Ty and Namaste 🙏

17
@Technoanima 2024-01-10

South Americans literally disappeared an entire UN vaccination team that went to force vaccination on their village

122 22 replies
@michaelgreenberg6344 2024-01-10

I’ve lived in Serbia for a few years now. They smile plenty.

20 7 replies
@darinthesecularspiritualist 2024-01-10

i am pretty sure el salvadore does not use cbdc

8
@TraderChris1 2026-05-06

Love the impressions. Makes this heavier topic easier to digest.

0
@margaretburnham5683 2024-01-10

That’s awesome!

6
@wilfhigginson465 2024-01-10

Countries where people distrust and hold government to account will ascend. Countries that trust government and do not hold government to account will decline.

7
@foggycraw6758 2024-01-19

Andrew please make more videos about Africa!

1

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