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by michaelt 497 days ago
This is a product for people who live in countries with severe inflation and are unable to protect their wealth due to strict capital controls.

If the government makes it illegal for the financial system let people store their wealth in dollars, how would they - a part of the financial system - be able to let people store their wealth in dollars?

2 comments

So, support a failing government?

Team America, world police, crypto version.

If the law strictly controls capital flows to US dollars, why do you think capital flows to US dollar stablecoins is legal?

Or is the business plan to make it easier to do crimes?