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IMF and Central Banks are really scared now. Bitcoin is decentralised and cannot be controlled nor banned!

[https://www.coindesk.com/business/2021/10/13/imf-report-views-cryptoization-as-threat-to-global-economy/](https://www.coindesk.com/business/2021/10/13/imf-report-views-cryptoization-as-threat-to-global-economy/)



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5 Comments

  1. What is the real likelihood of quantum computing research led by governments to break bitcoin and blockchains? This is really my only real concern. Quantum computing breaking sha-256. We all know they say “oh it’s 10 years away from a viable computer”, but do you think they’d tell us exactly how far along they are? China is out on bitcoin. Maybe they already know it can be undermined. I just don’t believe that governments aren’t going to do everything they can to break bitcoin and a well-funded targeted research to achieve that goal isn’t underway. I hope I’m wrong. But I think the next update should address resistance to quantum. Now not later.

  2. *correction, “cryptoization” is a threat to IMF. I mean, who’s gonna implement all those economy destroying austerity measures that keep poor countries in their boundless debt?

  3. It can be banned it has been and quite publicly so by China. It’s use can be restricted and regulated by governments. All true facts. It’s also decentralized and here to stay. It offers world citizens a way to get around the madness of central banks printing and devaluing their own currency as a means to satisfy the reckless debt accumulation by legislators everywhere.

What do you think?

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