Article quote: “Iraq’s financial sector has faced challenges in expanding its customer base and has experienced limited banking penetration, leaving a large portion of the population unbanked and dependent on informal financial systems.” When we hear glowing reports about the Digital Dinar, as hopeful as they may sound, one must contrast the reports with reality. That reality is that only 20% of the population is actually banked. The Dinar is NOT digitized…YET. The system is not designed YET nor is any of it implemented…YET. The snip above is from a much larger article which outlines all the difficulties involved. It does not include any talk about an RV as is the case with all the financial information I digest every week.
