On the other hand, it’s strange that the IMF demonizes BTC so aggressively, while other assets like gold don’t cause such a reaction. If a country wants to hold part of its reserves in BTC that’s also a form of diversification. Especially considering that many countries have lost trust in the dollar as the sole reserve asset.
Maybe it’s not just about economics, but also geopolitics? Because Bitcoin is something that isn’t controlled by traditional institutions, and that scares them.
Simply because that is not the goal of IMF. IMF’s purpose is to try to provide aid to countries that needs it the most and to help them with their economic growth where possible. Bitcoin, or any other form of investments, ie. precious metals are not meant to simulate economic growth in the long term.
If you require aids and loans, you have better priorities than to be stacking sats. Don’t act like the victim when you’re called out for it. Of course, there are no issues when developed countries like the US proposes it.
But here’s the question - if the IMF is truly focused on helping countries and stimulating their growth, then why is it so scared of a technology that can provide economic independence and a new level of financial freedom? Bitcoin isn’t just an investment - it’s a tool for those seeking an alternative to outdated systems.
And yes, aid is important, but can’t we also think about long-term sustainability? To me, this isn’t just about “stacking sats,” it’s a strategic choice. Time will tell.
Nope they are not afraid for countries to growth that somehow good for them especially that the country experiencing growth would have more higher chance to pay their loans to them.
I think IMF just want to be relevant and controlling to the nations so that they can always insert their agenda's and policy to manipulate the mind of the officials of certain countries. But now they see that they cannot control those officials trying to engage on Bitcoin and I guess more countries would provably follow them especially that they see El Salvador succeed more and gain profits from their investment also other things done on Bitcoin.