More famous for being a renegade alternative to a world currency, bitcoin has managed to find a more prominent role among the global elite at the World Economic Forum in Davos.
The Alpine resort plays host to a slew of policymakers, economists, and central bankers every year. Topics usually include global growth, inequality, and climate change but the nascent industry of digital currencies has managed to eke out a place on this year’s agenda.
“From bucks to bitcoins,” is the title of the seminar due at Davos on a Friday afternoon. It explores how the mainstreaming of digital finance could disrupt financial services and transform consumer behavior. This is a far cry from last year, when the most notable mention of the cryptocurrrency was when it was openly criticized by Treasury Secretary Jack Lew and JPMorgan Chairman and CEO Jamie Dimon on CNBC.
No comments:
Post a Comment
Note: Only a member of this blog may post a comment.