It frequently cites Alex de Vries, a dishonest Dutch central banker who uses flawed methodologies to estimate Bitcoin’s environmental footprint.
They are more fond of PoS.
They seem to like DPoS even more.
The IMF doesn't like privacy.
They admit, “there are not sufficient tech solutions that enable VASPs to comply with all aspects of the travel rule."
The IMF advises policymakers to demand this anyway.
In this IMF report, I came across a new term, “cryptoization”, which refers to the risk of currency substitution occurring in emerging markets.
Who voted for any of these people?
From their own publications, one can see how the IMF attacks Bitcoin.
They scold PoW's energy and criticize Bitcoin for facilitating illicit activity to justify regulatory overreach.
They push CBDCs and centralized PoS coins as viable alternatives cuz they’re easier to control.
So why all the fuss about Bitcoin?
It’s because Bitcoin can’t be controlled..and the IMF hates that.