Quote from: phor2zero on June 10, 2013, 09:13:50 AM

The paper concludes by suggesting an interpretation of the Funds incorporating document, the Articles of Agreement, which would allow it to intervene in the event of such an attack.

Perhaps protecting fiat currency markets from a speculative attack by bitcoin users IS within the IMF's job description, but I'm not sure it's feasible. The IMF would have to engage in heavy purchasing or selling of BTC via the threatened currency. How would this affect the worldwide value of BTC? Any Austrian Econs have comments?

the imf have exactly the same dilema as anarchists (so called by the establishment). bitcoin is not attacking any currency- its definition as a currency or commodity is not clear. so to support the existing financial structure based on debt which means its fundamental basis is unsound the imf must either stop bitcoin as a direct threat. because bitcoin does have a fundamental strong basis (in a mathematical defined blockchain) the imf must either buy into bitcoin enough to exert influence which in turn will legitamise bitcoin and send the price higher . or endorse and continue the attacks from outside the system (their system) that the us gov +others have already started. so do they engage and thereby strengthen the perceived threat or shut down the www completely everywhere forever? its tricky. reg