/biz/ - Business & Finance

https://decrypt.co/116616/nigeria-limits-cash-withdrawals-45-day-cbdc-digital-banking-push

In an effort to push the CBDC eNaira, the Nigerian Central Bank is imposing a $45 a day maximum to cash withdrawals.

The real answer is Monero already has the Schelling point for
>no-compromises private money
so anyone interested in the space gets pulled into Monero's gravity well. Combined with the fact most people don't want to make a privacy coin as it's considered less profitable than making a smart contract technobabble coin, and Monero ends up the only real game in town.

You do get random "Monero-killers" that pop up but they all have giant pre-mines and Indian Telegram groups marketing it and serve to dump on the poor retards who fall for it.