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A battle of wallets: El Salvador’s Chivo vs. Nigeria’s eNaira CBDC
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The eNaira arrived on the world’s nascent CBDC scene after months of hopes, disappointments, a last minute postponement, and a great deal of doubt. However, Nigerians all over the globe have started using the digital currency and user feedback is coming in.
Nigeria’s eNaira CBDC launched on 25 October, 2021. According to Financial Times, around 400,000 wallets came online across the world in less than two weeks. Naturally, there were comparisons to El Salvador’s Bitcoin Lightning Network-enabled
Read more on ambcrypto.comAbout this in other media
Bitcoin too volatile to be adopted as legal tender, says BoE chief cointelegraph.com /2 years ago
El Salvador’s adoption of bitcoin a concern, says Bank of England chief Andrew Bailey moneycontrol.com /2 years ago
IMF recommends El Salvador not use Bitcoin as legal tender economictimes.indiatimes.com /2 years ago
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