Bitcoin Takes Davos Stage in Currency Panel Debate
Cryptocurrencies took the stage Thursday at the World Economic Forum in Davos, Switzerland, during a panel discussion on bitcoin.
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"I have long held that, were cash invented today, it would be dismissed by policymakers, bankers and law enforcement as dystopian, absurd and dangerous."
"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.
The World Economic Forum is working with the Canadian and Dutch governments to pilot a digital identity project that focuses in part on blockchain.