Okay, so I didn't read the whole article, but I read enough to see that none of the strategies in the paper would be effective.
  
This is not a plan of attack- it's a plan of defense.

  If either of the methods the author recommends were implemented, it would mean that sovereign nation states would start holding reserves in BTC and would have BTC drawing rights with the IMF. This would make the value of bitcoin so high that Satoshi Nakamoto's net worth would be greater than that of I dunno, probably the hundred biggest corporations in the world. It would also mean that supposing Mr. Nakamoto didn't care to sell his bitcoins to sovereign nation states or the IMF, he would be in a position to take down any currency he wanted to, be it the dollar, the euro, the pound, or whatever.
    This paper simply illustrates what I've already come to realize- the more attention the global financial establishment gives to bitcoin, the bigger it is going to get. I predict that the IMF will slip into irrelevance while trying to ignore bitcoin.

It's much more likely that the US will try to push bitcoin underground.

 It's funny- a lot of people are hesistant to buy into bitcoin because they think it might be subject to regulatory attacks by the government. If the government did start shutting down exchanges on a massive scale and making bitcoin transactions illegal, it would actually artifically inflate the value of bitcoin, in the same way that illegalizing cocaine artificially inflates the price by 500 to 1000%. The value of bitcoin cannot be destroyed, and if it's more difficult to obtain them, it will just make them that much more valuable.

    There are hundreds of government officials mulling these questions right now, and there is no easy solution. We are all participating in the end of the world order that has dominated for the last 70 years. Expect to see oil denominated in bitcoin, and a subsequent war to maintain the dollar denomination that will end in the US's defeat and loss of status as global hegemon. Good news for the rapidly growing number of obese people in America- they won't be able to eat themselves into heart disease anymore because there won't be a disproportionate amount of the world's wealth concentrated in the US.

   I really hope the IMF does try the strategies described in this paper, because it will make me and all other bitcoin owners obscenely rich.