Why is IMF thinking nothing good can come out of bitcoin? They only believe in their monetary system. Pakistan is planning to allocate 2000 megawatts of electricity for bitcoin mining but I saw IMF move against it now.
https://cointelegraph.com/news/imf-concern-pakistan-bitcoin-mining-power-planAlthough I think 2000 megawatts may be too much but why is IMF like to be a bitcoin critic? I think if it something related to their fiat, they may not say anything.
What is your opinion about this?
Before you post, know that 2000 megawatts can power some small nations.
This is going to sound really dark and messed up—but that’s only because I can't unlearn this stuff now. Once you get exposed to the kind of knowledge buried in books locked away in courthouse libraries, and once you experience the full ride of how the economy works in this circus show of a country we call The U.S.A., Inc., it changes you.
Bitcoin honestly feels like the only shot we have at breaking the chains slapped on us the moment we're born U.S. citizens. The IMF, which I can only assume is run by some of the wealthiest and most powerful people in the world, plays a massive part in this. A quick Google search gave me this quote from Wikipedia, and it really made me question whether the CIA is even the "deep state" people think it is—especially knowing how they flooded cities with crack and handed SHA-256 to a group of nerds who broke off from 4chan but didn’t have a real plan yet.
The IMF guys don't want to lose the leash they’ve got wrapped around everyone—from the lowest class to the highest middle-class workers.
Here’s that section from Wikipedia:
“The International Monetary Fund is a major financial agency of the United Nations, and an international financial institution funded by 191 member countries, with headquarters in Washington, D.C. It is regarded as the global lender of last resort to national governments, and a leading supporter of exchange-rate stability. Its stated mission is 'working to foster global monetary cooperation, secure financial stability, facilitate international trade, promote high employment and sustainable economic growth, and reduce poverty around the world.’”
Sounds noble, right? But look closer. The IMF seems to be funded by nothing but the insane taxes squeezed from our blue-collar workers—people working 70-hour weeks just to survive, while boomers used to get mortgages approved and paid off in 15-20 years working as "Tim the Toolman" at Home Depot.
Now, the U.S. dollar is barely backed by anything, and replacing it just makes sense. But doing that would stir the pot too much. It would give people too much freedom to think—and reduce their need to work overtime just to stay afloat after taxes, child support, and barely seeing their kids.
So what do people do? They gather at the local gun club after their shifts, trying to figure out why overtime got cut, why they lost their homes, why they’re mentally and physically broken just trying to make ends meet. Meanwhile, coins that people held onto for years are being slowly liquidated and bought up by—surprise—the same financial moguls who took everything last time.
And we’re not going to get that overtime back. They’ll let the masses have just enough free will and breathing room to keep quiet—slowly, over the next 50 years.
Don’t get me wrong, there have been some amazing Bitcoin projects. But if we’re not using Bitcoin for its original purpose, then what’s the point? Nothing. Absolutely nothing.
This financial shift that’s happening? We need the smart nerds who aren’t greed-driven to start building community-driven Bitcoin SaaS platforms—real peer-to-peer bartering systems using the coin for what it was meant for. Otherwise, we’re just going to end up right back in the same cycle.
It’s like a stock pool filled with retired grandmas just staying busy so they don’t feel guilty about having an affair. We need secrets management to be as easy as tap-to-pay, and without fear of losing your private key—because elected community officials of the vault would each have to co-sign before anything goes out.
Or, we come out with an optional—but highly recommended—chip implant that has actual benefits, zero side effects, and prevents you from losing your private key unless you lose your arm. Throw in some augmented reality on/off switches and a 0% mortality rate, call it something like CoinsInY’all, and we’re good.