El Hodlador suffers a counterattack of the IMF
El Hodlador suffers a counterattack of the IMF
as George Orwell did not quite notice:
While I write this, highly civilized people start troll attacks and try to destroy my online call.
You do not feel hostility to me as an individual, nor do I against you. They do "only their duty", as the saying says. Most of them, I have no doubt about that, are good -hearted people who would never dream of committing great defamation and hate speech in private life. On the other hand, if one of them succeeds in breaking my call with a well -placed tweet, they will never sleep worse. They serve their tribe, which has the power to released them from evil.
At the beginning of the big meme wars of the Post-Covid era, people did not really know to what extent gained and lost with a single tweet. It was also not clear who fought against whom or why. Civilization took time to understand the scope and parameter of the new big game. What was at stake. What the application rules really were. How life would be wiped out and lost.
Over time, the nationwide effects of finely elaborated attacks of accounts with blue checkmarks became increasingly clear. Like you, as well as the collateral damage.
Most scholars now agree that a critical focus on January 17th came on the day on which El Hodlador, one of the earliest sovereign adoptants of a universal declaration of independence, was accidentally provoked by the forces of centralization An false Report on the crediting of El Salvador through Moody’s.
What most Trolling strategists never saw was how the provocation would escalate to a DGAF defensive with high operations Manöver . In the coming days, thousands of decentralized forces with laser eyes from El Hodlardor's Meme-powered president Nayib Bukele have been gathered in order to add a campaign by irreparable shock and awe to the centralized node network.
But the fight was not over yet. After the replacement and re -filling and how largely expected from the Allied resistance, the centralized knots published their own complaint. In the form of the armament of the latest staff report of the IMF of January 28, which contained no less than 114 indications of the introduction of Bitcoin by El Hodlador.
critical observations were:
to rely on leverage and thus increase the public debt in order to invest in Bitcoin with the expectation of a continuous price increase and at the same time to be tampered for the acquisition of Bitcoin is not a permanent solution to relax. Measures should be designed in such a way that they support the weak, minimize adverse distribution effects and ultimately achieve historical medium -term growth rates (see text table for an illustrative scenario).
and that:
The use of Bitcoin carries considerable risks and should not be used as an official currency with status as a legal means of payment (IMF, GFSR 2021). Crypto technologies and digital payment systems such as chivo have the potential to make payments more efficient and thereby improve financial inclusion and to support growth. However, its price volatility makes it inefficient as a means of payment, the invoice unit or value -placed. By introducing Bitcoin as a legal means of payment, considerable risks to financial stability, financial and market integrity and consumer protection are introduced. In addition, a public backstop to ensure the free convert of Bitcoin in US dollar creates any eventual liabilities. If the use of Bitcoin increases significantly, it can risk the dollarization regime that has proven to be a successful nominal anchor for the economy.
and finally a footnote that found:
bitcoins would be classified in the highest risk category with a risk weight of 1.250 percent.
All hopes for the strength of decentralization will soon be at stake. At the moment the meme wars continue. . .
Source: Financial Times