What did the world’s elite think of crypto?

Cointelegraph introduces “Crypto Road,” a collection of spontaneous conversations with strangers on the road to coach, entertain and take a temperature test on the world’s relationship with crypto.

The primary episode comes from the gates of the World Financial Discussion board (WEF) in Davos, Switzerland. Cointelegraph reporter Joseph Corridor tried to talk with the world’s elite the place he was rejected, ridiculed, and ignored earlier than stumbling throughout crypto believers among the many WEF attendees.

Sporting a Cointelegraph sweatshirt with the loudest Bitcoin (BTC) brand, Corridor requested passersby to guess what was print represented. Some WEF-goers refused to speak on digicam whereas others claimed ignorance.

“That’s not Bentley, it’s Bugatti!” One passerby on the World Financial Discussion board joked. That, or they genuinely believed that the Bitcoin brand is a luxurious automobile model.

The shoot then strikes to the blockchain streets of Davos, the place cryptocurrency companies outweigh the tradfi presence. Irina Heaver, a crypto lawyer and Bitcoin believer instructed Cointelegraph that Bitcoin is “freedom.” She defined that for her household:

“When the Soviet Union Collapsed, they had been left absolute penniless — so did hundreds of thousands of different individuals […] If they may have a few of that (Bitcoin) are you able to think about how their households could be higher off?”

Heaver additionally defined that increasingly Russians transact with Bitcoin and crypto, reflecting the growing popularity of cryptocurrency within the nation. WEF attendees from India, the place crypto education is weak at best, defined that the “youthful technology is much more interested in Bitcoin and cryptocurrency.”

“Some rethinking and motion must occur to make it [crypto] extra sustainable.”

The Worldwide Financial Fund is shut associates with the WEF, and it constantly pushes for central bank digital currencies in addition to shifting cryptocurrencies away from proof-of-work blockchains to much less energy-intensive proof-of-stake blockchains.

Associated: ‘CBDCs are the natural evolution,’ says HyperLedger director Barbosa

There’s additionally a cameo from Nas Each day, the Youtuber and Bitcoin HODLer who lost $200,000 on Bitcoin to date. He seems on digicam and exclaims, “I misplaced a lot cash.”

Lastly, there’s additionally a Golden Retriever who holds his tongue relating to Dogecoin (DOGE) worth predictions for 2022, and an acapella rendition of Nina Simone by up-and-coming vocalist, Evan Klassen. By the way, Klassen is signing on the FIFA World Cup in Qatar this yr; will he croon a crypto tune?

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