Tag: Nigeria

The elite v. the people: Nigeria’s “cashless experiment”

December 14, 2023 | Post

A cashless society: the International Monetary Fund (IMF) calls it the future of money. The World Economic Forum (WEF) was enthusiastic about the concept way before it was cool. In the United States, the usual suspects such as the Brookings Institute and the New York Times ask our leaders to have the boldness and courage to follow this new path.

If you care about liberty, beware of CBDCs

December 11, 2023 | Post

In recent years, the concept of Central Bank Digital Currencies (CBDCs) has gained increasing traction across the globe, with proponents lauding the potential benefits of a digitized monetary system. 

However, when we explore the real-life implications of CBDCs, it becomes increasingly clear that the rush toward digital currencies controlled by central banks poses a significant threat to individual liberty.

Why is Africa poor? Is colonization the root cause?

June 16, 2023 | Post

“Colonization is why Africa is so poor” is something I hear all the time. But it was not until recently that I realized: This impulsive defense of Africa is far from the full truth.