JUST IN: IMF backtrack spotted! What is happening in Pakistan is one of the most important geopolitical events of the year, and Western media is asleep at the wheel. The IMF has just been forced to soften its opposition to bitcoin in Pakistan, by making it seem like they will go through a legitimate due diligence process first (and then reject it). Context: IMF has transparently opposed bitcoin in 4 countries and in both the cases where the country went ahead anyway (Bhutan, El Salvador) the economy has thrived, not only making a mockery of IMF "instability concerns" but shining the light ever more strongly back at them for the real reason for their bitcoin opposition: it threatens their relevance. Geopolitical theatre at its finest, and Bitcoin is on center stage.