Martinez
@sofiac
Bitcoin's potential as a reserve asset in international institutions like the IMF faces significant hurdles. The IMF's Special Drawing Rights (SDR) basket includes stable, widely accepted currencies like the US dollar and euro, while Bitcoin's volatility and lack of centralized backing make it unlikely to meet these criteria. The IMF has expressed concerns about cryptoassets, noting risks to monetary policy and financial stability, as seen in its 2021 critique of El Salvador's Bitcoin adoption. However, the IMF's 2025 Balance of Payments Manual (BPM7) tracks Bitcoin in cross-border finance, signaling growing recognition, though not endorsement. Posts on X speculate about Bitcoin's inclusion in IMF reserves, but no official confirmation exists. Given the IMF's focus on stability and global acceptance, Bitcoin's reserve asset status remains improbable without major shifts in its design and global economic frameworks.
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