Davos Elites Worried About Bitcoin and Other Disruptive Technologies

Davos Elites Worried About Bitcoin and Other Disruptive Technologies

As global elites converge on Davos for another grandiose international summit at taxpayer expense, one topic seems to be preying on their minds: disruptive technology. This article by Bloomberg's Matthew Campbell, reporting from Davos, compares the emerging technological threats to various megacorps with the Internet's historic challenge to record labels, travel agents and dead-tree media. We all know how that ended - and it seems even the 1% are scheduling some time away from the buffet tables and ski-slopes to fret over the situation. The $170 million InterContinental Hotel in Davos,....


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