4th Street Bar Hive-Bar

Hive-Bar Powered by Hive beta-fdb5b5b

Community post

Davos and Bitcoin

As we all know this year's Davos World Economic Forum was extremely important for cryptocurrency market. and it looks like wasn't the worst but could be better. Lets first see some news about them.

CNBC:

You can find full article at the following link
https://www.cnbc.com/2018/01/26/bitcoin-criticized-at-wef-in-davos-but-cryptocurrency-world-fights-back.html

Financial Times:
Davos: Blockchain can no longer be ignored
https://www.ft.com/content/c0794556-ff50-11e7-9650-9c0ad2d7c5b5

Independent
BITCOIN LATEST: CRYPTOCURRENCY IS ‘TOO VOLATILE TO BE USED AS MONEY, EXPERTS IN DAVOS WARN
http://www.independent.co.uk/life-style/gadgets-and-tech/news/bitcoin-latest-price-too-volatile-money-currency-davos-2018-world-economic-forum-invest-a8179541.html

After reading all of them you will see 2 main points were discussed in the WEF
1-)Bitcoin's total value is too high to ignore.
-Former US Secretary of State John Kerry said to Cointelegraph: “People are investing in it, it’s serious amounts of money and it’s got value so it’s going to be talked about.”

2-) They don't believe it is trustable . and they think Bitcoins value is one of the biggest bubbles in these years.
https://twitter.com/Davos/status/941624000257646594/photo/1

4 upvotes $0.00

Replies (2)

Review before signing

Posting as . Signing with . Keychain permission: Posting. Hive Keychain will ask you to approve this action next.


  
Technical details

Operation fingerprint: