Democratic Republic of Congo. 🇨🇩
Risk Warning for Exporters and Importers!
The central bank plans to ban cash USD and foreign currency transactions starting April 2027 and force businessmen into the inflationary franc.
They claim this will strengthen the Congolese Franc, which is quack economics.
Inflation is always and anytime caused by government, their central bank can print and debase the franc at will. The ban will not strengthen the franc, just those in power.
It will harm Congolese businesses and people through accelerated inflation and eroded purchasing power.
Smart traders can now exit the fiat trap.
Try Bitcoin-native trade and credit:
Electronic bills of exchange on Bitcoin rails.
Built by the Bitcredit Protocol:
Free, open source, censorship resistant.
Bitcoin is not 'foreign' currency. It is the people's currency. No nation state can control it, they cannot block it. Adopt it to get to prosperity.
No more fiat. No surveillance. No coercion.
Free trade.
Risk Warning for Exporters and Importers!
The central bank plans to ban cash USD and foreign currency transactions starting April 2027 and force businessmen into the inflationary franc.
They claim this will strengthen the Congolese Franc, which is quack economics.
Inflation is always and anytime caused by government, their central bank can print and debase the franc at will. The ban will not strengthen the franc, just those in power.
It will harm Congolese businesses and people through accelerated inflation and eroded purchasing power.
Smart traders can now exit the fiat trap.
Try Bitcoin-native trade and credit:
Electronic bills of exchange on Bitcoin rails.
Built by the Bitcredit Protocol:
Free, open source, censorship resistant.
Bitcoin is not 'foreign' currency. It is the people's currency. No nation state can control it, they cannot block it. Adopt it to get to prosperity.
No more fiat. No surveillance. No coercion.
Free trade.
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