[…] On October 25, 2021 CBDC was launched in Nigeria. Initially .5% of Nigerians used the service. In response, the government implemented a $44 per week withdrawal limit from ATM’s (the average Nigerian needs $40 per day). Then the government phased out old banknotes but did not issue new notes as promised. Protests ensued and banks were burnt down, but as people began to starve, CBDC adoption grew to 63%. …