Exactly.

Only detail I have to add is that closing the central bank is planned. The idiocy of those who remark that he didn't on day zero (which Miley always remarked he wouldn't do) lies in their will to ignore the entire world and everything prior and everything after: the previous communist regimes used the central bank to incur in massive debt to support their populist schemes. Debts that have to be repaid prior to closing it. Being something so blatantly obvious and simple, it speaks volumes of those who can't grasp it, like Saifedean. Above all, state debt is not only to foreign creditors, but to creditors in the country itself, who bought state emitted bonds. Imagine closing the central bank before paying back to locals, stealing from millions on day one, what a great start.

Another important detail is that the central bank being closed do not means loss of sovereignty, since the intent is not to depend on a foreign central bank, but simply allow people to commerce in whatever currency they want. That is, as Milei always made clear, the intent is to advance to an open-banking system. People will choose the currency that suits them for their needs. A first step towards that is having in place a currency that's not the peso, since there should be no central bank to emit it, and thus there's a first need to have a new first reference, for which the dollar is the clear option. Dollarizing is the plan, to allow the complete dissolution of the central bank, to then proceed to an open-banking system, in which people will chose the currency they want freely. This also means, as it's Milei's wish, that even private currency mints could arise.