Silver Lake Co-Founder Tells Davos Cash Is Used Far More in Crime Than Bitcoin
Glenn Hutchins said up to 90% of $100 bills are "used for organized crime and tax evasion."
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The World Economic Forum (WEF) meeting in Davos, Switzerland, which began on May 22 and closes on May 26, has dominated the news this week. Ray Dalio, the founder of Bridgewater Associates, spoke at the event about the current state of the economy, the Federal Reserve, cash, and cryptocurrencies. Ray Dalio Speaks About Cryptocurrencies Dalio […]
This week the world has been talking about the World Economic Forum (WEF) meeting in Davos, Switzerland, which started on May 22 and ends on May 26. At the event, Bridgewater Associates founder Ray Dalio spoke about today’s economy, the Federal Reserve, cash, and cryptocurrencies. Dalio noted at the WEF conference that he believes blockchain is great, but says “let’s call it a digital gold.” Billionaire Hedge Fund Manager Ray Dalio Says ‘There’s Going to Be a Supply and Demand Problem That Produces a Squeeze’ During the first week of....
“The European Commission has quietly launched the next offensive in the war on cash…The ECB…[is also] working towards a Trojan horse blockchain network that will serve only to entrap those naive enough to trust it,” states the publication Activist Post on February 9. An acceleration in the war on cash and a shift on bitcoin occurred in the wake of the....
Tom Luongo discusses his theory of Davos man and what Bitcoin means geopolitically at this time of great change.
Klaus Schwab’s yearly conference in Davos, Switzerland, is a way to parade attempts to make capitalism more socialist through “shareholder capitalism.”