The opportunity could be substantial for an already fast-growing crypto industry with a current market capitalization currently around $2.3 trillion.
Glenn Hutchins said up to 90% of $100 bills are "used for organized crime and tax evasion."
BoE Governor Andrew Bailey said cryptocurrencies "as originally formulated" are not the ideal form of digital currency.
The session will focus on the diminishing role of cash and the emergence of central bank digital currencies, moves accelerated by the pandemic.
The lens of decentralization reveals a number of elephants in the room that world leaders at the WEF are missing.
What 2018 and 2019 were to blockchain and cryptocurrencies on the WEF stage (met with a healthy mix of intrigue and skepticism), 2020 will be to synthetic media, also known by the ominous-sounding euphemism “deepfakes.”
"I have long held that, were cash invented today, it would be dismissed by policymakers, bankers and law enforcement as dystopian, absurd and dangerous."
How the crypto industry can (and has) influenced the premier gathering of the world's economic and political elite.
More than 40 central banks are experimenting with blockchain, says a new report by the World Economic Forum.
"It's not useful for anything," Krugman and his cohort claim. The problem of this blinkered mindset is that it fails to recognize the cost of trust.
Cryptocurrencies took the stage Thursday at the World Economic Forum in Davos, Switzerland, during a panel discussion on bitcoin.
World leaders have struck a cautionary tone on cryptocurrencies in statements made during the World Economic Forum event in Davos.