33 sats \ 1 reply \ @SatsMate 4 Jul \ on: Zambia to criminalize the use of US Dollars in local economy econ
I get the move, but not a free market. A true free market would allow all types of currencies (like Argentina right now).
Capital controls are some of the worst things in this world - as you often can get trapped in a burning theater. Look at Egypt right now, imagine not being able to move money out of the Egyptian Pound into other currencies with ease? You lost 80%+ of your purchasing power over the past couple years.