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IMF Vs. Bitcoin: Expert Warns Pakistan Will Be The Next To Fold

  • The IMF has asked Pakistan for urgent clarification on its plan to allocate surplus electricity to Bitcoin mines, complicating ongoing budget negotiations.
  • Daniel Batten, a climate tech investor, warns that Pakistan's Bitcoin and Bitcoin-mining plans may face challenges due to IMF opposition.
  • Batten points out that IMF has hindered similar Bitcoin adoption plans in other countries and predicts Pakistan may face similar tactics.
  • Pakistan's dependence on IMF funding and potential consequences of not complying with IMF demands regarding Bitcoin adoption are highlighted as major concerns.

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