Birdwatch Note Rating
2024-02-22 15:20:47 UTC - HELPFUL
Rated by Participant: 07887165600EC0DB9224F423956A2CBD619696CB439ACE43C431332A196A2866
Participant Details
Original Note:
Bitcoin acts as a decentralised store of value in countries with high inflation. Central banks dislike Bitcoin, because it forces them to strengthen monetary policy credibility, as Bitcoin gives citizens more options for savings. https://www.imf.org/en/Publications/fintech-notes/Issues/2023/12/05/Macro-Financial-Implications-of-Foreign-Crypto-Assets-for-Small-Developing-Economies-541440
All Note Details