Authored by Shawn Amick via BitcoinMagazine.com,
The IMF hates Bitcoin because its decentralized protocol and programmatic monetary policy defies the control the fund wants to implement on us all. The International Monetary Fund (IMF), along with a string of other financial institutions, really does not like Bitcoin. So, let’s do the usual, thinking through what the IMF is and why it even matters. WHAT IS THE IMF?
The IMF and the World Bank are like the parallel universe versions of Shaggy and Scooby-Doo. They have no idea what they are doing, and yet the decisions they make […]
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