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NEWS Does the IMF have a vendetta against cryptocurrencies?

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Is the multilateral lending institution throttling useful DLT experiments in the developing world, or is it saving crypto from itself? ...

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The IMF is another form of government, an cryptocurrency is a challenge to them because it reduces their power. They have no idea who is sending money to whom, and they don't like being left in the dark. They definitely won't like cryptocurrency because of this.
 
I think they have a vendetta because there is still a lot of worry around cryptocurrencies and honestly with how volatile they are, it's hard to invest in them without worrying about the worth dropping.

With the way it drops so much, I think that's why the IMF and governments elsewhere are trying to limit its reach.

I don't know how to feel about it, because I'm 50/50 on crypto. If it can get to a point where people don't have to worry about the worth so much, then maybe I think it'd be worth it.
 
IMF is an organization based on traditional finance. The problem with traditional finance is it only benefits rich people. That's why the institutions like IMF, Central Banks and other banks do not like cryptocurrencies.
 

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