Report: IMF Says Central African Republic's Bitcoin Adoption Poses Risks – Featured Bitcoin News

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The IMF said: 'The adoption of bitcoin as legal tender in C.A.R. raises major legal, transparency, and economic policy challenges.' bitcoinadoption bitcoinlaw imf

The International Money Fund has added its voice to institutions and parties criticizing the Central African Republic ’s decision to adopt bitcoin. The IMF insists the adoption poses legal economic challenges not only to the country but to the region as well.The IMF has reportedly said the CAR’s recent decision to adopt bitcoin poses a number of challenges for the country and the region.

As has been reported by Bitcoin.com News, the IMF was and is still critical of a similar decision that was made by El Salvador in 2021. Following the initial announcement, the global lender warned the adoption of bitcoin would pose several macroeconomic, financial, and legal issues. In January 2022, the IMF urged El Salvador to

 

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😂😂😂😂😂 The Bitcoin CEO says NO to IMF

What else can be expected from the IMF? It is clear that they are against BTC, and really do not want to lose control 🤨

for IMF it is hard to accept of cracking banking system which assure stealing money nice way, u know, no country needs IMF or banks....IMF knows that, people just need to understand that fiat money is killing their lives

there must be some risks and challenges when a country wants to make a change or a revolution in their system so i think it's normal. i support CAR ✊️

This really makes me laugh: people who manage useless money are worried about people who actually uses real money 🤣🤣

And I think that bitcoin as legal tender is the best idea ever. Lugano also looks pretty cool with tether as legal tender.

Биткоин умрёт к сожалению все страны против криптовалюты

What is more transparent than a public ledger?

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