Terrible. Couple of cash companies run the whole country and stop any business being made cause everyone depends on themIs It Good Or Bad
Somalia becoming the first cashless society
- Thread starter JaalleWadani
- Start date
How will Somalia be first cashless country when a lot of people don’t own phones yet? Also there is a reason why developed countries have not yet abandoned printed money yet. Somalis should push back against this.
any country could be invaded too. just shut down system and done.
Karaboga
Lions don't lose sleep over the opinions of sheep
Does farmajo have the power to stop them from virtually printing more money. They could legit control the money market and the economy if they wanted to.
Apollo
VIP
Does farmajo have the power to stop them from virtually printing more money. They could legit control the money market and the economy if they wanted to.
It is a smart move for an anarchic country.
It will give the centralized government more power.
Karaboga
Lions don't lose sleep over the opinions of sheep
True. They just need to buff up their cyber security. Then they can use monetary policies effectively.
