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Crypto Currencies and Assets
January 21 - January 24
The cryptocurrency market is up or down. Bitcoin is falling, big companies like Facebook, JPMorgan Chase and IBM are putting their weight behind cryptocurrencies. Should you invest in crypto now? This is the main question of 2020.
“It’s money 2.0, a huge, huge, huge deal.” – supposes Chamath Palihapitiya, venture capitalist. “I do think Bitcoin is the first [encrypted money] that has the potential to do something like change the world.” – tells Peter Thiel, co-founder of PayPal. “I see Bitcoin as ultimately becoming a reserve currency for banks, playing much the same role as gold did in the early days of banking. Banks could issue digital cash with greater anonymity and lighter weight, more efficient transactions.” – states Hal Finney, computer scientist. “I think the internet is going to be one of the major forces for reducing the role of government. The one thing that’s missing but that will soon be developed, is a reliable e-cash.” – Professor Milton Friedman, a Nobel Prize winner in economics. “Bitcoin is a technological tour de force.” – Bill Gates, the principal founder of Microsoft. To be continued on Davos 2020 Online platform.
Should you invest in crypto now?
What’s the world’s most widely used cryptocurrency?
Bitcoin, Ethereum, Libra, TON
Crypto banks and exchanges