In its blog today, IMF just penned some 2021vintage energy FUD about Bitcoin
"Bitcoin uses as much energy as <insert your favorite country>"
Mainstream media and the scientific community no longer use this claim. Why? Because it is a known misleading statistic.
Much of Bitcoin's energy usage is from stranded, wasted sources that others cannot utilize. It has also been shown in 22 peer reviewed papers and 7 independent studies to stabilize and decarbonize grids, mitigate methane and lower electricity prices and is 52.4% sustainably powered (unlike the much lower sustainable power mix of the banking industry, and gold mining - which Bitcoin provides viable and technologically superior alternatives to)
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Contrary to the implications of this tweet, Bitcoin has 19 well documented usecases that create value to society.
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Important context: Bitcoin threatens IMF with disintermediation in 5 ways which I have categorized previously here -->
and IMF has a reputation for openly opposing Bitcoin, repeatedly citing "concerns" that have consistently failed to materialize. (source: 
Its perspective on Bitcoin is neither neutral nor objective. 
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The list keeps growing!
There are now 20 peer reviewed articles showing Bitcoin has significant environmental benefits.
1. How Bitcoin Can Supp...
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19 benefits of Bitcoin that most people have never heard about...
Note: these are not hypothetical, or isolated benefits - but existing uses that ...
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Why is the IMF so critical of Bitcoin? Why was the IMF so intent on imposing strict anti-Bitcoin conditions over El Salvador?
Simple. Bitcoin rep...
Bitcoin Magazine
How The IMF Prevents Global Bitcoin Adoption (And Why They Do It)
IMF loans halt nation-state Bitcoin plans—only debt-free countries like Bhutan push forward. Grassroots use still thrives.
