Why The IMF Hates Bitcoin

The chief strategy officer of the Human Rights Foundation, a pro-Bitcoin NGO, said that the reason why the IMF hates bitcoin is that it is an outside currency that’s beyond the control of alphabet soup organizations.

Enraged cryptocurrency investors swiftly fingered a culprit when Argentina's central bank placed a de facto ban on trading digital assets: the South American nation had recently committed to crack down on cryptocurrencies as part of a bailout deal with the International Monetary Fund.

"The IMF is evil," one Twitter user said in response to the move last month, adding an emoji of an extended middle finger.

Tensions about the future of money have risen in recent weeks on four continents. The custodians of the global financial system are increasingly pushing back as Western investors and developing world governments launch new measures to convince countries to embrace B...

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