BITCOIN

Why the IMF hates bitcoin

The International Monetary Fund (IMF), along with a string of other financial institutions, does not really like bitcoin. So, let’s do the normal thing by thinking about what the IMF is and why it’s important.

What is IMF?

The IMF and the World Bank are like parallel universe versions of Shaggy and Scooby-Doo. They have no idea what they are doing, and yet what they decide determines how the show ends. The only difference is that no one wants to see this version of the show, because Shaggy and Scoob are throwing your coin into oblivion.



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