ODELL on Nostr: Bitcoin provides hope to millions who need it and will provide hope to billions who ...
Bitcoin provides hope to millions who need it and will provide hope to billions who do not realize they need it yet.
Every person in the world should have access to good money that is independent of corrupt governments and corporations, that does not require trust or permission to spend or save, that can be used privately, and that increases in purchasing power over time.
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Nigerians were told last October that the old notes were being replaced with new notes and they were encouraged to deposit any cash savings in the bank.
"They made us put all our money into our accounts, and now we can't access it. It's unbearable," says Osarenoma Kolawole, 40. She works in telesales, but has not been able to access her salary since getting paid last week.
"The last time I went to the shops, I had to buy eggs instead of fish - that really hurt me - not the food, but having to buy what I didn't want to, just because the banks won't let me get my money."
The Central Bank of Nigeria (CBN) said it redesigned the higher denomination notes - 200, 500 and 1,000 naira - to replace the dirty cash in circulation, to tackle inflation, curb counterfeiting and promote a cashless society.
https://www.bbc.com/news/world-africa-64626127
Every person in the world should have access to good money that is independent of corrupt governments and corporations, that does not require trust or permission to spend or save, that can be used privately, and that increases in purchasing power over time.
---------------------------------------------
Nigerians were told last October that the old notes were being replaced with new notes and they were encouraged to deposit any cash savings in the bank.
"They made us put all our money into our accounts, and now we can't access it. It's unbearable," says Osarenoma Kolawole, 40. She works in telesales, but has not been able to access her salary since getting paid last week.
"The last time I went to the shops, I had to buy eggs instead of fish - that really hurt me - not the food, but having to buy what I didn't want to, just because the banks won't let me get my money."
The Central Bank of Nigeria (CBN) said it redesigned the higher denomination notes - 200, 500 and 1,000 naira - to replace the dirty cash in circulation, to tackle inflation, curb counterfeiting and promote a cashless society.
https://www.bbc.com/news/world-africa-64626127