1 sat \ 1 reply \ @go OP 7 May 2022 \ parent \ on: IMF is afraid of how “informal” we are (pdf) bitcoin
No way - it's only Bitcoin that's been made currency by other nation states. There's little chance their targeting other projects
True, good point. I guess my argument is that it's a bad attack.
Ambiguities for interpretation in official documentation like this are, at minimum, targets for legal attacks. The vagueness of the word "crypto-currency" leaves a lot of wiggle room for either party (the IMF or Argentina's central bank) to exploit.
If Argentina, say, wanted to issue a CBDC, could that CBDC then not use any kind of ECDSA? Define "crypto-currency." It makes IMF into an authority of defining "crypto" for its own benefit until intermediation is required. In the meantime, it sets up a grey zone for those who are willing to move quickly and ask for forgiveness later.
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