The IMF says spend, I say invest in cryptocurrencies, it's time.

The International Monetary Fund (IMF) in its endless eagerness to stay afloat by indebting the world in fiat money recommends everyone to spend and spend and spend. The head of this organization, Kristalina Georgieva, recently stated the following: "In terms of policies for right now, very unusual for the IMF, I already said in March 'please spend. Spend what you can and then spend some more (...) I advocated and continue to advocate accommodative monetary policies and fiscal policies that will protect the economy from a collapse at a time when we are purposely limiting both production and consumption."

The IMF's recommendation makes it clear that it intends to remain the institution responsible for maintaining the depleted fiat model in the world, either under a scheme led by the U.S. dollar, Euros, Yuan, a basket of currencies or through some digital currency of its own. The idea of the institution is to urge countries to insist on quantitative easing (QE), that is, the continuous issuance of money from central banks to private banks and of course, to maintain the infinite indebtedness of people, nations and institutions until the model is exhausted, dies and is replaced by another that allows them to continue the same scheme of domination worthy of mafiosi.

It seems that for these anachronistic institutions that emerged from World War II, there is no other formula to get out of a crisis than printing more money and taking on debt. Obviously, the policy to be followed by the governments is the so-called stimulus, basically asking for money from the banks to be distributed among the population. The COVID-19 crisis has reflected the use and abuse of stimulus as a "hot cloth to bring down the fever".

Recently President Biden announced that another $1.9 trillion stimulus package is in the works, to be distributed to the population at a rate of $2,000 per person to overcome the tremendous economic crisis in the United States. Obviously, this measure will do nothing but feed inflation, remembering that the more money circulates, the more its value will suddenly wear out.

So, the most logical measure to use the stimulus check is to do it with intelligence and at this moment the investment in cryptocurrencies is obviously high risk but at the same time it is the one that generates the best return in the short and long term at present, which is why recognized institutions such as BlackRock increasingly devote fiat capital to convert them into BTC and other digital currencies.

Yes, I recognize that the cryptocurrency market led by BTC is very unstable and certainly the so-called "Whales" usually play with the price of this cryptocurrency to drive us crazy, however, at this time the decline in the price of BTC only seems to indicate that a significant increase is prepared in the short or medium term, considering the little confidence that exists in the world for traditional investments given their vulnerability to the crisis by the COVID-19.

On the other hand, the cryptocurrency market is growing steadily, and the global interest in BTC has sparked interest in other important projects such as Ethereum and Polkadot, the latter of which has generated a real stir among cryptocurrency investors, many believe that it will become the main project among Smart Contracts in the long term.

I must also highlight the global importance of projects such as Hive and LEO, cryptocurrencies that are increasingly generating interest among cryptofans given their attractive way of working where the monetization of social networks reflects that this style of creative online work is where the world is headed.

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