Pakistan Crypto Council CEO Bilal said he was only following what US doing and considering Bitcoin Strategic Reserve so why is IMF not bothering US with its policies when its also creating market distortions.
In one word: monopoly.
Maybe this American organization called IMF is trying to prevent others from gaining any share of the Bitcoin market and hashrate to give the US regime that monopoly Trump has dreamt about: the "Crypto capital of the world" nonsense.
The IMF always opposes countries that have a plan to escape hardship and want to better their economy. Look at El Salvador today, they took the bold step defying the IMF, and today they are at profit and have been able to clear up the debt they owe, if I get it right. Pakistan's case is not different from El Salvador, and as a matter of fact, Pakistan is giving away its excess power reserve, which means they are not complaining of power outages, and they are doing this to better improve their economy, encouraging bitcoin mining and also wanting to set up their national reserve and what the hell does it be of concern to the IMF how they go about their resources or is it the fact that they are seeking loan from them or what. I wish Pakistan would just ignore them and take a bold step, just like El Salvador did.