Birdwatch Note Rating
2024-02-27 09:35:20 UTC - NOT_HELPFUL
Rated by Participant: BC226F37DA9BA9C12BCF7F73574616D9DCD14EE45638151CD50906A2630F6E8B
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