Birdwatch Note Rating
2024-02-22 13:20:47 UTC - NOT_HELPFUL
Rated by Participant: 3D97DB68002C4DA65F102C86AAA53DEB116B21631F4F127D4FD39F8D4763D3FE
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
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