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Bitcoin at the WEF: What did the world’s elite think of crypto?

Crptoz by Crptoz
June 10, 2022
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Laminate This: What to Say to Crypto Haters – Decrypt

Fintech-Ideas brings blockchain functionality to its range of platforms – CoinJournal



Cointelegraph introduced “Crypto Street”, a series of spontaneous conversations with strangers on the street to educate, entertain, and check temperatures on the world’s relationship with crypto.

The first episode comes from the gates of the World Economic Forum (WEF) in Davos, Switzerland. Cointelegraph reporter Joseph Hall attempted to speak with the world’s elite, where he was rejected, ridiculed and ignored, before stumbling across crypto believers among WEF attendees.

Sporting a Cointelegraph sweatshirt emblazoned with the tallest bitcoin (BTC) logo, Hall asked passersby to guess what the print represented. Some WEF goers refused to speak on camera while others claimed ignorance.

“That’s not a Bentley, it’s a Bugatti!” A passerby joked at the World Economic Forum. That, or they actually believed that the Bitcoin logo was a luxury car brand.

The shooting then moves to the blockchain streets of Davos, where cryptocurrency companies have more of a traditional presence. Irina Heever, a crypto advocate and bitcoin believer, told Cointelegraph that bitcoin is “freedom”. She explained that to her family:

“When the Soviet Union collapsed, they were left completely impoverished – so did millions of others” […] If they could have some of that (Bitcoin), can you imagine how their family would be better off?”

Heaver also pointed out that more and more Russians transact with bitcoin and crypto, reflecting the growing popularity of the cryptocurrency in the country. Participants at the WEF from India, where crypto education is weakest, explained that “the younger generation is much more curious about bitcoin and cryptocurrencies.”

“It requires some rethinking and action to make [crypto] more durable. ,

The International Monetary Fund is close friends with the WEF, and it continually moves central bank digital currencies as well as cryptocurrencies from proof-of-work blockchains to less energy-intensive proof-of-stake blockchains.

related: Hyperledger director Barbosa says, ‘CBDCs are a natural evolution

There is also a cameo from Nas Daily, Youtuber and Bitcoin HODLer who has lost $200,000 on Bitcoin to date. He appears on camera and says, “I lost so much money.”

Finally, there is also a golden retriever who keeps his tongue out about Dogecoin (DOGE) price predictions for 2022, and an acapella rendition of Nina Simone by up-and-coming singer Evan Klaasen. Incidentally, Klaasen is signing at this year’s FIFA World Cup in Qatar; Will he crop a crypto tune?


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