News for hackers. Stuff that matters.
Re:An Entire Country Switched to Bitcoin and Now Its Economy... by SMVS on Friday January 21, 2022 @12:29AM (#30019527)
After the last two presidents America has elected, having an opinion on the heads of state of other countries seems a little bit rich. A clown, a geriatric, what's next? Clown 2? The imf is and has always been the greatest repressive force preventing development and state sovereignty. Nothing good comes from the imf ever. Especially if you're not in the west
Re:An Entire Country Switched to Bitcoin and Now Its Economy... by mint2 on Friday January 21, 2022 @02:39AM (#30020373)
Just because we’ve had some characters as president doesn’t mean we can’t have opinions. Only countries with a history of perfect presidents can have opinions? And by this logic, rich people shouldn’t comment on the imf, and anyone on the internet on hacker news is comparatively well off in the grand scheme.

If having a bad leader means we can’t comment on other presidents, and all countries have had rich powerful people and organizations abuse their monetary power, how is it consistent to be okay criticizing external rich and powerful organizations but not leaders?

Re:An Entire Country Switched to Bitcoin and Now Its Economy... by danlugo92 on Friday January 21, 2022 @09:37AM (#30024034)
> hacker news is comparatively well off in the grand scheme.

Get out, I was reading hacker news on one meal a day years ago.

No prejudice.

Re:An Entire Country Switched to Bitcoin and Now Its Economy... by unmole on Friday January 21, 2022 @01:27AM (#30019907)
> Nothing good comes from the imf ever. Especially if you're not in the west

The IMF bailout and the forced economic reforms of 1991 are responsible for the decades of growth, development and poverty alleviation that India experienced.

Re:An Entire Country Switched to Bitcoin and Now Its Economy... by NicoJuicy on Friday January 21, 2022 @03:00AM (#30020524)
The IMF is literally a way for a country to acknowledge their mistakes and a process to get better through loans ( in a lot of cases).

Greece was especially bad for example and at the state out was then, it should have never been allowed in the EU either.

The IMF helped in return for reforms which Greece didn't really liked and isn't visible in the short term.

But it is a long term vision and not a short term one.

Greece is an example that there's no difference between the west and others. The IMF, is believe, makes no difference.

( Just my opinion)

Re:An Entire Country Switched to Bitcoin and Now Its Economy... by dragonwriter on Friday January 21, 2022 @01:30AM (#30019921)
> Nothing good comes from the imf ever. Especially if you're not in the west

“Global capitalist class” not “west”.