Just read in Bloomberg that the Bahamas has a digital currency pegged to its fiat called Sand Dollar. It is digital fiat and not cryptocurrency. You use your phone to pay.
Has anyone used Sand Dollar to pay cruising fees or anything in the Bahamas, yet? The advantage would be the elimination of transaction fees and the digital money might actually make it to the government rather than local officials.
Bruce
Freestyle
1986 62 CPMY (54My with ext)
Tampa
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Thread: Bahamas Sand Dollar
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01-15-2023 08:58 AM #1Senior Member
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Bahamas Sand Dollar