IMF is an international financial organization of which I believe are only driven to render financial assistance to nations whose economic policies are in alignment with theirs, and its no news that the IMF as an organization is not unconnected to centralized authority system. Whereas bitcoin is a decentralized currency of which it's operational pattern doesn't conform to central government influence and interference, and so I wonder, could it be due to these factors that the IMF in bent on giving out warnings to the El Salvador government against their acceptance of bitcoin into their financial sector and heavily investing on it but rather doing so under the pretext of supposed risk that El Salvador decision might pose to it's economy?
I believe the issue of high volatility is one of the major reason why IMF is issuing warnings to El Salvador. For IMF, investing in a high volatile asset is a red flag since IMF believe that the Bitcoin market can crash anytime and will incur losses to El Salvador's economy.
We know that IMF is a strong believer of centralized financial institution, so Bitcoin being decentralized is one negative point for IMF.
Bitcoin if taken seriously and with right regulation can surely help one country. It has been discussed and stated that Bitcoin can bring new jobs, potential business venture and start-ups that can give a country profit.