Nigerians Aren’t Sold On Digital Cash

Nigerians Aren’t Sold On Digital Cash

About a year ago, Nigeria introduced a digital version of its official currency, the naira.

The introduction of the so-called e-naira was partly a response to concerns that the rising popularity of crypto in the country was threatening the banking system.

There are a few countries experimenting with their own versions of digital money, including the Central African Republic, China, Jamaica, The Bahamas, and various islands in the Eastern Caribbean. Other countries, including the United States, are in the “studying” and “thinking deep thoughts about feasibility” phase of things.

So how’s it going for Nigeria and the e-naira? Bloomberg reporter Ruth Olurounbi and Bloomberg Nigeria Bureau Chief Anthony Osae-Brown weigh in.

See omnystudio.com/listener for privacy information.

Episoder(224)

Cautious Optimism for UK Crypto Investors

Cautious Optimism for UK Crypto Investors

In January 2020, the United Kingdom officially withdrew from the European Union. The fallout from Brexit, as we all came to know it, is still being measured across all industries. Some analysts predic...

10 Jun 202218min

Can DeFi Survive the Hacks?

Can DeFi Survive the Hacks?

In March of 2022, hackers stole about $600 million from a crypto network. It was one of the biggest exploits of this asset class to date, and left many investors shaken. Can a decentralized financial ...

9 Jun 202219min

Celebrities and NFTs

Celebrities and NFTs

Did you know that both Madonna and Justin Bieber own expensive digital images of apes? It’s true: Bored Apes and other nonfungible tokens are a must-have celebrity accessory these days. But should you...

8 Jun 202219min

Crypto in your 401(k)

Crypto in your 401(k)

Fidelity, one of the largest investment managers in the world, made headlines when it announced its intention to offer clients the ability to invest in crypto through their 401(k) retirement accounts....

7 Jun 202210min

Defining Our Terms

Defining Our Terms

You might already consider crypto to be synonymous with the word volatility. But what about all the other words that get thrown around by enthusiasts? What’s staking all about? How are bridges created...

6 Jun 202220min

Regulating The Regulators

Regulating The Regulators

Cryptocurrencies are increasingly popular as investments - everyone from retail traders on Reddit to big institutional shops like Fidelity seems to have a crypto strategy. But what happens when the pe...

3 Jun 202216min

Hello, And Not So-Stable Stablecoins

Hello, And Not So-Stable Stablecoins

Welcome to Bloomberg Crypto: a new daily podcast from Bloomberg and iHeart Radio. In today’s inaugural episode, host stacy-marie ishmael introduces herself, shares what you can expect from this new da...

2 Jun 202216min

Introducing: Bloomberg Crypto

Introducing: Bloomberg Crypto

The crypto universe is expanding fast, and with that expansion comes both excitement and uncertainty. Stacy-Marie Ishmael is the managing editor for Crypto at Bloomberg News and your host for Bloomber...

9 Mai 20221min

Populært innen Politikk og nyheter

giver-og-gjengen-vg
aftenpodden
lydartikler-fra-aftenposten
forklart
aftenpodden-usa
popradet
stopp-verden
i-retten
dine-penger-pengeradet
fotballpodden-2
det-store-bildet
rss-gukild-johaug
nokon-ma-ga
hanna-de-heldige
rss-ness
aftenbla-bla
e24-podden
rss-dannet-uten-piano
grasoner-den-nye-kalde-krigen
frokostshowet-pa-p5