It is hard not to interpret this as posturing to head off any wise ideas by the only country in a dire enough situation to be swayed by it. Normalizing BTC or o

It is hard not to interpret this as posturing to head off any wise ideas by the only country in a dire enough situation to be swayed by it. Normalizing BTC or other cryptoassets as a transactional currency rather than an asset reframes the way it is treated tax-wise, another interpretation is that it threatens their power structure, which one could imagine challenges the IMF's business model as they're a cooperative of entities focusing on guiding how money is used, distributed, managed, and created. Those controls become hard to enforce on Bitcoin or other cryptoassets when it goes from asset class to transactional class.