Why Is the IMF Afraid of Cryptoization?

Why Is the IMF Afraid of Cryptoization?
Speaking of Bitcoin on the CoinDesk Podcast Network is brought to you by CrystalBlockchain.com.Join hosts Adam B. Levine, Jonathan Mohan and Andreas M. Antonopoulos as they dissect the October global financial stability report from the International Monetary Fund (IMF) subtitled “COVID-19, Crypto and Climate: Navigating Challenging Transitions.” An entire chapter of the report is dedicated to destabilization factors crypto poses, at least as identified by the IMF. It even coined a new term, “cryptoization,” to refer to the introduction and/or substitution of crypto in emerging markets.Although worries of supply shocks, supply chain inflation and stagflation fill headlines, the IMF placed…