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Except #bitcoin is issued by the public, transparently, predictably according to math and code that is freely available for all to audit. Contrast this with the privately issued, unpredictable, shadowy, Federal Reserve Note, operated by the elite, without independent audit.
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Privately issued cryptoassets like Bitcoin come with substantial risks. Making them equivalent to a national currency is an inadvisable shortcut. Read more in our #IMFBlog by the IMF’s Tobias Adrian and @RhodaWeeksBrown: bit.ly/2TBEnvL
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Advise coming from an entity which sole role is to deplete economies through the burden of debt has 0 value. They hate the alternative which will make them irrelevant. Love to see them agonising
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Any currency that can devalue by 95% over a lifetime should not be considered for use as a national currency.
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Right because central banks don’t actively devalue their currencies and impoverish their citizens. The IMF is becoming increasingly more irrelevant as we enter the exponential age
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