Why Is the IMF So Afraid of Cryptocurrency?

This context suggests why the IMF is so aggressively anti-crypto: Because at the highest level, its reason for existence is not to boost developing economies or help the individuals who live within them. The IMF is not a neutral aid organization, but the economic arm of a vast power structure that frequently hides itself behind the language of uplift and reform. It seeks to draw peripheral or developing nations – African and Latin American countries being a current high priority – into the postwar neoliberal consensus.

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