Help! Pakistan's recent Bitcoin mining operation has completely baffled the International Monetary Fund (IMF)!😱
Over here, Pakistan is scratching its head trying to solve the electricity shortage crisis, and then suddenly decides: "Let's allocate 2000 megawatts of power for Bitcoin mining!" This move is all about being "grand" and is aimed at attracting global miners, blockchain moguls, and AI companies with a power "cake," planning to stage a grand show of "overtaking on a bend."
But who would have thought that before the show could even start, the "money daddy" IMF would quickly jump in online to "call out" (in a questioning manner)! They directly threw out two soul-searching questions: "Is cryptocurrency mining in your area considered 'licensed operation'?" "You don't have enough electricity at home, yet you allocate such a big piece of cake for mining, are you trying to 'starve yourself, feed others'?"
The key point is, Pakistan launched this "mining package" without informing the IMF in advance! Now, the IMF is filled with worries of "this younger brother is too hard to manage," fearing that electricity costs will skyrocket and resource allocation will become messier than a tangled ball of yarn.
It seems that a "smoky" small meeting is inevitable, and it will depend on whether Pakistan can clearly explain this "Bitcoin electricity plan" to the IMF!💥$BNB