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.”
- the money collected via ICO is more than 6 billion and growing.
About ICOs from WEF:
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
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