Why Is the IMF Afraid of Cryptoization?
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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 crypto in the top three stability concerns. Is the organization gearing up to poise crypto as the scapegoat in case of an oncoming financial crisis?
Credits
Today’s show featured Andreas M. Antonopoulos, Jonathan Mohan and Adam B. Levine, with music by Gurtybeats.com. Our episode art is a photograph by Giorgio Trovato/Unsplash recreated by Speaking of Bitcoin
Any questions or comments? Send us an email at adam@speakingofbitcoin.show
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Author: Adam B. Levine
