The e-Naira has been out for almost a year now ... and they've seen something like a quarter of a million transactions, and have only slightly more than a quarter of a million active users (subscribers). That means on average one transaction per user per year.

Stated another way: Dead On Arrival

See an earlier post, here on SN:

Nigeria's e-naira CBDC -- “There is apathy” #47497 https://www.bloomberg.com/news/articles/2022-07-19/lenders-are-thwarting-digital-currency-s-adoption-in-nigeria https://archive.ph/a6mEA

and then also:

Nigeria Seeks to Boost E-Naira Users 10-Fold as Cryptos Grow #61740 https://www.bloomberg.com/news/articles/2022-08-18/nigeria-seeks-to-boost-e-naira-users-10-fold-as-cryptos-grow https://archive.ph/Twvt3

This article was also featured on ZeroHedge, an then shared here on SN:

Visualizing The State Of Central Bank Digital Currencies #63815 https://www.zerohedge.com/crypto/visualizing-state-central-bank-digital-currencies

Interesting that Portugal, Slovakia, Slovenia, Greece and Latvia are not participating despite being in the Eurozone, while Finland, Lithuania, Estonia and Austria doing their own thing despite being in the Eurozone. I'm not sure I trust that data though.

The only way a CBDC works is if by force. That means they will need to suppress the use of the competition -- bitcoin, stablecoins, etc.

Expect further hostile actions by the state.

CBDC is the true shitcoin