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Have You Seen This WEF Crypto Paper?? KEY Insights!!

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Fastest Cryptocurrencies 👉


0:00 Intro
1:46 What Is The World Economic Forum?
5:02 How To Buy Cryptocurrency
8:39 How Do Cryptocurrencies Work?
13:28 Smart Contract Cryptocurrencies Explained (Ethereum)
14:41 Cryptocurrency Governance
16:01 The Fastest Cryptocurrencies (According To The WEF)
20:55 Cryptocurrency Regulation And Compliance
22:32 Outro


⛓️ 🔗 Useful Links 🔗 ⛓️

► World Economic Forum Wikipedia (Extra Spicy):
► Who Is Klaus Schwab:
► World Economic Forum Global Council For Cryptocurrencies:
► Getting Started With Cryptocurrency Guide:
► Chris Blec’s Defi Watch:
► EU Wants To Ban Anonymous Crypto Wallets:


👨‍🏫What Is The World Economic Forum?👨‍🏫

The World Economic Forum was initially just a small club of high-profile businesspeople in Western Europe who would get together to discuss ideas, broker deals, and form partnerships

Today the World Economic Forum consists of nearly 4000 of the most powerful people in public office and private industry whose ideas are guided by the writings of WEF founder Klaus Schwab

The World Economic Forum is famous for its annual summit in Davos, where these elected and unelected officials discuss the future of the world without our input.

👨‍💻How To Buy And Store Cryptocurrency👨‍💻

Cryptocurrencies can of course be custodied i.e. held in two different ways: on your own cryptocurrency wallet, or on someone else’s cryptocurrency wallet, specifically a cryptocurrency custodian

When it comes to actually buying cryptocurrencies, the guide rightly suggests using a cryptocurrency exchange as an individual and an OTC desk as an institution

⛓How Cryptocurrencies Work⛓

Most cryptocurrency transactions are pseudonymous because you can see every single one of them using a blockchain explorer

As the guide explains, running your own Bitcoin node not only adds to the blockchain’s decentralization, but it also makes it possible to interface directly with the blockchain

A lot of emphasis is put on how secure proof of work is, and the guide even highlights the fact that proof of stake does not seem to provide the same degree of security

💱Smart Contract Cryptocurrencies Explained💱

Oddly enough, almost half of this section explains the importance of different coding languages when creating cryptocurrency smart contracts. The rest focuses on how decentralized applications can disrupt existing business models and industries

❎Cryptocurrency Governance❎

Governance exists on a spectrum, and decentralized organization on both the on chain and dApp levels are constantly trying to find the sweet spot in terms of who gets to control what

🏎The Fastest Cryptocurrencies (According To The WEF)🏎

The authors have put six cryptocurrencies in the spotlight: Algorand, Cardano, Celo, XRP, Solana, and Stellar. Cardano sticks out as it is neither the fastest nor offers instant finality, which suggests that The World Economic Forum may be interested in the project for other reasons

⚖Cryptocurrency Regulation And Compliance⚖

What’s nice is that the authors seem to imply that the ideal middle ground is to enforce KYC rules at all points of entry and exit for the crypto space, meaning exchanges and crypto to fiat gateways

What’s not nice is that the authors also seem to imply that the regulatory framework for cryptocurrency must be global, given that cryptocurrencies are global networks


📜 Disclaimer 📜

The information contained herein is for informational purposes only. Nothing herein shall be construed to be financial legal or tax advice. The content of this video is solely the opinions of the speaker who is not a licensed financial advisor or registered investment advisor. Trading cryptocurrencies poses considerable risk of loss. The speaker does not guarantee any particular outcome.

#WEF #crypto #blockchain #bitcoin #CBDC

Source: Coin Bureau

43 Responses

  1. Have you seen swapz, it is going to change the dex market forever with there zero slippage dex go and read their lite paper here swapz.app and you will be bound to invest in this project. Dont miss this oportunity as it is in the early stage it will surely do 1000x

  2. The funny thing about the "decentralized exchanges" is how the most prominent ones have headquarters, admin keys, and lists of censored tokens, e.g. Uniswap delisting synthetic stocks over regulatory concerns (lol). Not so decentralized, eh? And anything running on Ethereum is effectively centralized because Ethereum is effectively centralized under AWS. Atomic swaps, however, are absolutely decentralized, and so those will likely survive any state-sponsored attack.

  3. notice all the dis likes Guy , do you know the term lying by omission , the man running the WEF , did a interview and actually mentions RIPPLE , you did not even mention anything about it…..THAT IS LYING BY OMISSION with a big helping of XRP BIAS…..WAKE UP AND SMELL THE UTILITY BUDDY !

  4. Wish the WEF choose a different crypto than XRP because it is so similar as stellar…..
    Stellar is a copy of XRP, not the other way around.
    Jed left the Ripple team and started stellar.

    Jed is still selling his XRP holdings from his taco stand

  5. How you managed to put a negative spin on Brad Garlinghouse being a reviewer of the WEF paper is amazing. I love your channel but maybe a little less of your own bias when doing videos might be a good idea. Stick to facts. Like maybe the fact that the WEF has mentioned Ripple and XRP multiple times in a positive light.

  6. Its so exciting to hear our how our future prison gets built. Hope I get assigned a good NFT number. "Slave #1984 please don't scratch at your nano tatoo or you will be terminated. You know your energy is being mined. Do not waste it."

  7. Great Guy. Thanks for making your way through this document so we don't have to!! 🙂 And thanks for your balanced reportage of it. Appreciate all your hard work and research to make our lives easier.

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