While cryptocurrencies have been a topic of discussion at previous World Economic Forum conferences, they have been highlighted in Davos this year.

After a year of escape that saw the Bitcoin reach $ 20,000, along with the massive growth of other altcoins, it is hardly surprising that one the main topics of discussion at the WEF is the future of cryptocurrency.

The leaders of the industry meet at the most important annual event of the economic calendar, the media took the opportunity to ask the greatest minds their value of two hundred on the current and future prospects of virtual currencies

Cointelegraph participates in the summit in Davos and reported continuously resistant perceptions of cryptocurrencies.

These views come from a lack of regulatory framework for virtual currencies that he has been reluctant to invest in and support crypto-currencies in some of the world's leading banking and financial institutions.

Axel Weber, president of UBS, said in an interview with Bloomberg that he would not recommend the adoption or investment of cryptocurrency.

As usual, the vibrant and spirited cryptocurrency community has been watching the developments in Davos with keenness, and there has been a lot of reaction in response to any FUD or unwelcome comments about them. cryptomonnaies.

Twitter in Davos FUD

Anthony Pompliano, associated with Full Tilt Capital, virulently analyzed the feeling that prevailed in Davos towards Bitcoin

The person in charge of the products and the growth suggested that the statements of the economist Joseph Stiglitz according to which Bitcoin was still used for shady purposes "Joseph Stiglitz, a well-known economist, boasts to the Davos crowd that Bitcoin is being used for" cases of "Secret use" and that fiduciary money is superior. My theory is that this type of fear actually drives more adoption of Bitcoin & cryptocurrencies.https: //t.co/zhy5hB486Y

– Pump 🌪 (@APompliano) January 24, 2018

Max Keizer, presenter of the Keizer Report on RT, also spoke of the wave of negativity around Bitcoin in Davos, but said it was too late for the big financial players to try to stop what was going on. He describes it as a "revolution".

Those of Davos threatened by #Bitcoin might have been able to thwart the revolution 5 years ago. But now it's too late. Go home, your time is up. https://t.co/SMoDw8DSxu – Max Keizer (@maxkeiser) January 24, 2018

Bill Gross, a prominent US investor, has suggested that the rise of Bitcoin and cryptocurrency meant a move away from centralized institutions to govern and control money. People seem to trust technology rather than public institutions

The rise of Bitcoin may reflect, for the better or for worse, a monumental transfer of social trust: far away from government-supported human institutions and systems based on well-tested computer code. # WEF18 https://t.co/6hWKq6Lo6U #Davos pic.twitter.com/Ltuh6owdzm – Bill Gross (@Bill_Gross) 23 January 2018

Twitter users CryptoWilson have highlighted a more negative sentiment towards cryptocurrency, sharing a video of French President Emmanuel Macron speaking in favor of regulatory repression by the International Monetary Fund on cryptocurrency . "I am in favor of full IMF expertise on all areas beyond regulation: bitcoin, cryptocurrency, shadow banking […] that can trigger crises." https://t.co/XZ1Vyj0tB4

– Wilson Trodler (@cryptowilson) January 25, 2018

Can not be ignored

Apart from perceptions of feeling, the truth of the The question is that the financial world can not turn a blind eye to cryptocurrencies. They are really a central focus of this year's WEF and it's understandable.

As the 68th Secretary of State John Kerry told Cointelegraph earlier this week at the summit, the value of the capital that was poured into the

Coinmarketcap currently has the current market capitalization at $ 559 billion – a stable number after a month of volatile market volatility.