Why IMF Doesn’t Want Pakistan to Mine Bitcoin

Pakistan recently announced its plan to allocate 2,000 megawatts of surplus electricity to Bitcoin mining and artificial intelligence (AI) data centers. While the government sees this as a step toward digital transformation and economic revival, the International Monetary Fund (IMF) is waving a red flag. But why exactly is the IMF opposing this plan? The … Continue reading Why IMF Doesn’t Want Pakistan to Mine Bitcoin