Day 1 Of The World Economic Forum Meeting Is Tomorrow

in #news7 years ago

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The first day of the 3-day event is on the 23rd of January. I wrote about this in a previous article, you can check it HERE. In short - this meeting is the biggest economic event for the year and is very well attended. In 2018 World Economic Forum over 2500 leaders from politics, finance, business and science are expected to attend.

This years main theme is "Creating a Shared Future in a Fractured World". With a theme like this I think a discussion on blockchain and crypto is inevitable . We all know that blockchain and cryptocurrencies are the future, but the future we want doesn't include central authority and that is a problem for regulators and governments. This is why I feel like some attacks on Bitcoin and crypto are possible, of course this is just a possibility.

The regulation talk will be the most interesting part for me in this event, I think it is inevitable such questions to be asked. My reaction will heavily depend on the language that is used. Overall I know that most bankers and economists don't like the idea of decentralization.

Big names attending the event

  • Donald Trump
  • Christine Lagarde
  • Jamie Dimon
  • Lloyd Blankfein
  • Emmanuel Macron
  • Will.I.Am
  • Angela Merkel

When you go through the list, you get the essense of it. The worlds most elite are gathering in Davos to decide and talk about our economic future. Last year the talk on crypto was not very positive (If I remember correctly) but still nothing happened, because people could ignore it. A 500+B market is not that easy to ignore anymore.

I am not saying that you should do something, this post is only to inform you ! I am expressing my thoughts, you should do whatever you feel is right for your capital. If you are a trader, be prepared for eventual volatility.

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Artificial intelligence, automation, and the resulting inequality has been the major topic over the last few annual meetings at Davos. I am curious to see how much dialouge is dedicated to cryptocurrencies this year. Thank you for the post!

I am sure that this year AI will again be the elephant in the room. The other topics as well. Cryptos are a lot, lot, lot bigger now, so maybe they will have the spotlight. ( U hope not)

Im bracing myself and my captial after reading this article.

Only if you feel like it. It might go the other way around you know. They can say something very positive :) Everything can happen. Thank you for the comment

A500+B means? Please update the 1st day meeting highlights. Resteemed to inform our steemians.