The Balloon Goes Up, Sanctions Busting, Nigeria's Stablecoin Faceplant
Like so many other social media addicts, our duo were in thrall to the rogue Chinese weather balloon over the weekend. But while the rest of the commentariat were fuming at the security implications, Philip Pilkington and Andrew Collingwood are far more mystified at all the performative screeching. As Collingwood points out: "A balloon is a hundred year old technology..."
In Nigeria, an attempt to vault over its range of monetary problems by using a so-called 'stable coin' digital currency has quickly descended into farce: riots and bank runs. With the Fed and the Bank of England both on the…
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