They decided to discuss bitcoin at Davos

[alyssa85]

The talk was entitled "The crypto-asset bubble" and featured Cecilia Skingsley, deputy governor of Sweden's central bank; Jennifer Zhu Scott, Radian Partners principal; Neil Rimer, Index Ventures general partner and co-founder; and Robert Shiller, the Nobel Prize-winning economist. The session was moderated by Yang Yanquing, deputy editor-in-chief of Chinese finance media conglomerate Yicai.

To view the entire discussion, see the following youtube video:

https://www.youtube.com/watch?v=5MZv9fLLfa4

(warning it is an hour long).

If you don't want to view it, you can read coindesk's summary of it:

https://www.coindesk.com/bitcoin-takes-the-stage-at-davos-in-currency-panel-debate/

[Torque]

Well let's put it this way:

Davos attendees don't bother wasting their time creating a panel and discussing things that are just a flash-in-the-pan or Tulips.

 

[YuginKadoya]

Well a panelist said that bitcoin and the other cryptocurrency don't meet the criteria of being a money and calling bitcoin a very lousy Currency it might be called an asset but not a very stable store of value, They might agree in the nature of bitcoin being unstable and always fluctuating but it can not be called as currency well some of they might not against bitcoin but some are doubting how bitcoin will work in the economy and how they can make in work as a currency.

[cindygirl]

Well a panelist said that bitcoin and the other cryptocurrency don't meet the criteria of being a money and calling bitcoin a very lousy Currency it might be called an asset but not a very stable store of value, They might agree in the nature of bitcoin being unstable and always fluctuating but it can not be called as currency well some of they might not against bitcoin but some are doubting how bitcoin will work in the economy and how they can make in work as a currency.

I don't think these are doubts that only they have thought up, it's been spoken about many a time in this forum. Given the instability of bitcoin it is very limited to be used as a currency and second to that, as much as people consider the fixed supply to be a good thing it is actually not in terms of a country one day adopting it, money supply is greatly used by governments all over the world to stimulate their economies.

[European Central Bank]

someone there made the myspace comparison. my god. that's the remit of 1 post assholes on here, not supposedly intelligent people. and good luck making it fit within existing regulations. the only area that'll work is where it meets fiat. beyond that it'll be proven hopeless time and again.

[ecnalubma]

Calling bitcoin a very lousy currency does not fit of what bitcoin is, The blockchain, cryptocurrencies and bitcoin are too young to be judge. I understand there stance but bitcoin is almost a decade in existence and still they don't understand what truly bitcoin is.

[arpon11]

The talk was entitled "The crypto-asset bubble" and featured Cecilia Skingsley, deputy governor of Sweden's central bank; Jennifer Zhu Scott, Radian Partners principal; Neil Rimer, Index Ventures general partner and co-founder; and Robert Shiller, the Nobel Prize-winning economist. The session was moderated by Yang Yanquing, deputy editor-in-chief of Chinese finance media conglomerate Yicai.

To view the entire discussion, see the following youtube video:

https://www.youtube.com/watch?v=5MZv9fLLfa4

(warning it is an hour long).

If you don't want to view it, you can read coindesk's summary of it:

https://www.coindesk.com/bitcoin-takes-the-stage-at-davos-in-currency-panel-debate/

Cryptocurrencies industry has put bankers on their toes and I think we the enthusiast should be happy for this because the more controversial bitcoin is in the sight the more popular bitcoin will become. This discussion at Davos is going to be one of it kind. I am happy because bitcoin is decentralized and the more work we put in the better it will be for us as many attack against bitcoin by this big bank owners and financial leaders around the world is not going to kill bitcoin and other Cryptocurrencies.