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Arguably, both preconditions could have been simply intended to secure an eventual return on the loan. Having a communist in political leadership and allowing c
by derektank 2y ago
Arguably, both preconditions could have been simply intended to secure an eventual return on the loan. Having a communist in political leadership and allowing citizens to pay their taxes in Bitcoin both increase fiscal risk. I can understand the IMF wanting to reduce that risk as much as possible before providing a loan.
- wordofx 2y ago^ unsure why downvoting this as it’s 100% correct. IMF doesn’t hand out loans it doesn’t think will be paid back. (This is where China swoops in and gives a loan at lower interest rates with shadow contracts to get the resources or assets)