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A comment on IMF warns El Salvador: “Bitcoin should not be used as a legal tender”. Parent comment

Re:IMF warns El Salvador: “Bitcoin should not be used as a l... by MonkeyClub on Tuesday November 23, 2021 @08:18PM (#29325887)
> consider the IMF is mostly a lender of last resort

Yep that's an important clarification indeed.

The IMF is a nation's last resort, like loan sharks would be a person's.

The documentaries referenced above seem to draw a picture of the IMF as a financial hit squad.

Haven't watched the Jamaica one yet, will schedule it for the weekend, but I'll be very surprised if it doesn't speak about a pattern of devastating IMF requirements similar to those documented in the others.

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Re:IMF warns El Salvador: “Bitcoin should not be used as a l... by ChrisLomont on Wednesday November 24, 2021 @12:54AM (#29327285)
It's good that you know what's better for countries than the countries themselves. You should volunteer to help them.
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Re:IMF warns El Salvador: “Bitcoin should not be used as a l... by DougN7 on Friday November 26, 2021 @02:14PM (#29353105)
If countries are in so much trouble they need the IMF they might not no better (or more likely, have the political options to do what is needed).
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