Topic: !!!!World Economic Forum in Davos 2020!!!! (Read 228 times)

I don’t think that we need such a swift and final solution regarding blockchain and cryptocurrency technology as part of the world economic forum in 2020,
because in fact now no one knows how to use blockchain with maximum efficiency for everyone. In addition, the world now has significantly more problems that require a speedy solution.

The market is too manipulative and this poses a danger to large financial capital.
Blockchain slowly but surely continues its development and implementation in all spheres of human life, I think that all we need is to give it time.

I don’t think that we need such a swift and final solution regarding blockchain and cryptocurrency technology as part of the world economic forum in 2020,
because in fact now no one knows how to use blockchain with maximum efficiency for everyone. In addition, the world now has significantly more problems that require a speedy solution.

The market is too manipulative and this poses a danger to large financial capital.
Blockchain slowly but surely continues its development and implementation in all spheres of human life, I think that all we need is to give it time.

In the short term, it is possible that the agreement on WEF Davos does not have a significant impact on the cryptocurrency. But in WEF Davos 2020, it produced a CBDC policy-maker tool kits. Some countries such as Bahrain and Thailand will soon be testing the tool kits produced by WEF as soon as possible.

This is a good foothold because with each central bank of each country trying out these toolkits, central bank officials can open their eyes (introduce and familiarize) other state officials about blockchain and cryptocurrency technologies. From this initial footing, in the future cryptocurrency can make a leap forward in its development. If state officials are aware and understand about cryptocurrency, it is hoped that there is an umbrella protecting cryptocurrency in each country.

This is a significant step because in its implementation CBDC policymakers can conduct joint experiments and launches with other central banks, international organizations, governments, private banks and world monetary organizations such as the IMF, BIS, Inter American Development Bank.

http://www3.weforum.org/docs/WEF_CBDC_Policymaker_Toolkit.pdf

As a result, conferences can be helpful.
You must read the details of this Convention to make a complete understanding of the strategy of forming it.

I don't think there's any reason for fear.
" Every country will accept it as soon as possible in the development of the domestic industry as well as the global community."

With this situation in China now, it may be a little distance to achieve this dream.

I m hoping and expecting that they will tackle the cryptocurrency as an alternative or even an option nowadays. Cryptocurrency is getting popular day by day and I think it is about time to be on their agenda or even on the sidelines. Cryptocurrency is here,  and if given attention then a good boost to crypto.

Yeah, it's just that if investors believe in bitcoin because most investors still think bitcoin is too volatile. If you see that the waves are strong enough when the crisis occurs, then I'm sure it was done by a group of large whales who tried to save some of their assets in fiat.

it doesn't matter if the price of bitcoin and the cryptocurrency are affected strongly, the problem is if they don't side with the cryptocurrency, hopefully the price can be PUMP

What can we expect from them, apart from regulations? As far as I know, people who can do something productive are hanging out on GitHub, not in Davos. I'm not trying to say that crypto world doesn't need regulations. No, anarchy is bad imo. But to me, government regulators are more like smartphone cases producers, while software developers are like producers of smartphones. Yes, we need both, but keeping in mind who's more important, won't hurt.

What could potentially happen here is no longer "will they say good things about bitcoin" or anything like that anymore. We all know that even rich people and powerful people like crypto in general so much so that they are actually thinking about building their own.

The problem here is that if they make their own stablecoins, will it change anything in the current market we are right now, it will bring in a lot of money for example because they will have some real money backing the stablecoin which they will sell and get returns however at the same time they will have put so much money in the market increasing the value of all other crypto as well.

Just to give an example, lets say Libra is created and facebook wants to distribute it, how will they do it? They will print 10 billion dollars worth of it lets say, they will sell 10 billion dollars worth of Libra to the market but also have 10 billion of their own to back it up, that means there will be 10 billion new money coming in. What I am expecting most out of Davos is the stablecoins of big companies or nations, that could increase so much of crypto prices.

As practice shows, in the event of any crises related to wars, collapses in exchange rates, recessions and others. Investors are starting to look for quiet harbors to ride out this storm, and if earlier, gold was such a harbor, now they can very well convert to cryptocurrencies, thereby helping us all in the growth of the exchange rate.

Yeah, this is false. Only one looking for cash-less society are the governments themselves and people who don't know better. Physical cash is the last front of old anonymous payments and cash-less society with trackable transactions is going to be ultimate surveillance society.

Our only hope now is zero knowledge proof permissionless transactions but they are going to fight that as much as they possible can with their private and centralized blockchains that they are trying to sell for us as a replacement.

You are wrong about Facebook.The Libra project is dead,AFAIK.
Anyway,nobody cares about the Davos Economic forum.Nothing important happens there,no decisions with global impact were made,only fake commitments towards solving the most important problems-inequality,climate change and global warming,poverty,etc.Nothing.Just a bunch of rich and powerful people meeting for a small chit chat.

Those who meet in Davos are not the real powerful, but it is only the puppets manipulated by the real powerful that pull the threads.
The decisions have already been made, what happens there is only a show for journalists.

Having Those pleasantries with the events and let people come together and experience the magical thing about networks. We are all want to be part of a system where it could help you be part of the community. It's a magical thing, what they are attaining with conferences and forums would help build more opportunities and overcome all the obstacles that might come our way, it's the digital age, and we are yet to boom More and more.

A positive impact is really way too hard to expect, especially since Bitcoin is still in the middle of being accepted. A lot of voices are still against it, and those leaders aren't able to ignore such voices.
US seems pretty busy tbh. Look at how Trump and Iran is always at each others throats every now and then. Then there's the impeachment events of Trump going about in US. And, not to mention, that they have to fix their own problems with how the global debt is at its highest right now.

Davos is not what it was - loads of leaders are staying away. Partly because there is a feeling that Davos gives millionaires and Wall Street close access to leaders of governments, and it's not a good look for leaders to be seen to be lobbied by rich people.

President Macron has not turned up, Boris Johnson has not turned up.

Not sure what the worth of the forum is if decision makers in governments are not going.

Maybe this can also relate to what the last G20 summit has introduced about it. I'm looking forward to the positive impact of this forum on Davos and it's now the world that will start talking about blockchain and cryptocurrencies. This will open the eyes of other countries that are looking negatively to it. Once they are already enlightened that it's a good tool to be adopted by them, then we will start seeing a mass adoption from participating countries or they shall consider studying it further.

I'd guess it'd be a topic to consider, but it'd probably be just a passing thought, or at least, I'd want them to concentrate on the increasingly growing global debt of the world. BTC could pop out as an opinion, but it isn't really a solution available right now. As for world wide adoption, sure I'd like it to happen, but it isn't possible with the current state of volatility as an issue.

The restrictions on U.S. businesses are a huge barrier and do not seem to be getting any better.


The World Economic Forum in Davos makes the news every year. This time we are treated to endless "news stories" and comments related to Trump. Oh Boy!!


You have a really optimistic view of this part of the world.  

Let's hope that something good can come up for the blockchain and cryptocurrency industry in the World Economic Forum 2020. We are already aware that there is a building up of interest with the blockchain technology and we have recently seen that with many pronouncements from China, a country which can soon be the top global  economic power. Many famous and big firms all over the world are now noticing and even experimenting on how this technology can be of use to them, and I am sure that funds for its research can be pouring as the result. Now, with cryptocurrency like Bitcoin I think this is where some major concerns are expressed by the governments but they know that sooner or later they got to deal with this squarely and fairly as much as possible.

World Economic Forum in Davos 2020

A long-awaited World Economic Forum is currently being held in Davos till January 24. This holds immense importance for the world business community as the most important decisions are taken and implemented through this forum.

There has been some great happenings in recent times and the policy of Protectionism has been on the rise. Recent US-China Trade war and Middle East Crisis have inculcated fears in the financial markets and lots of uncertainty prevails. All eyes are on the World Economic Forum in Davos to get things sorted out for the Global Community.

Whether the above-mentioned issues will be sorted out or not, but positive outcomes related to Blockchain are anticipated by all of us. There will be discussions held on the future of Digital Economy during the Summit meetings.

Since China is ready to introduce its digital currency in 2020, Facebook had created its own and traditional cryptocurrencies have also been part of this revolutionary process. The US and other world leaders need to seriously think and formulate policies on Blockchain technology because the future of the digital economy rests upon this.

Most of the investors have experienced what it feels to be part of Blockchain technology backed platforms and it gives rise to endless possibilities in the digital world. Some of the Global Trade has already shifted to Blockchain like Tradelens- IBM and Token Offerings comprised of more than $10 billion during 2019. Facebook’s Libra, People Bank of China, India’s Jio Reliance and many giant corporations have now implemented Blockchain Technology.

The need of this hour is for Worldwide recognition and national level government regulators to recognize the future of Digital Economy backed by Blockchain. If corporations are able to maneuver themselves to shift their technologies, governments should also integrate them into their economies.

Central Bank policymakers, economists and Blockchain Experts are now gathered at this World Economic Forum and we are expecting a major policy shift related to Blockchain and crypto world. It might be true that this challenges the already established structures and makes it difficult to overlook things, but an effective solution can be crafted when experts sit together.

The world community at large is yet to experience the Blockchain technology. Decentralized platforms and Distributed Ledger Technologies provide immense opportunities to make things more transparent and convenient. Secure storage, independent operating networks, the power to operate is decentralized, quicker information sharing and more reliability are the core features of the Blockchain-powered platforms.   

In the recent middle east war-like crises, crypto was more resilient than traditional financial markets. This has increased the confidence even more of the investors and more people are looking to become part of it.

The digital economy is on the boom and people are looking to get cash-less while carrying out transactions from reliable platforms and new technologies. The process of evolution is continuous and we can be sure that some really great prospects lie in this coming year. Some of the US states have already legalized digital assets and smart contracts and corporations are already embracing this.

All eyes on the experts gathered at this prestigious World Economic Forum in Davos 2020 and we expect some great news coming out.

please add your opinion ........