Crypto Dominates Davos

The World Economic Forum annual meeting takes place from May 22 to May 26, 2022.

Every year the WEF convenes in Davos, Switzerland to discuss global business. And crypto is a huge topic this year.

Tons of companies from the sector are showing out.

You’ve gotta read this story.

This is a pivotal moment for crypto.

In the past, the industry largely opposed the WEF and resisted regulation.

To see so much engagement now is really spectacular.

There are still a lot of critics. But that’s expected. Crypto is still in the early stages of regulation.

At least global leaders are finally ready to talk about it. The World Economic Forum no less!

The Cyclical Nature of Markets 🔄

It would be nice if crypto spiked. And then spiked again. And then kept spiking until the end of time. We’d all make a lot of money.

Unfortunately, that’s not how markets work.

What goes up must come down. Un-checked growth is unsustainable.

A lot of analysts think crypto is taking a break before pushing to new highs.

Here’s when they think Bitcoin will break out.

Cryptocurrencies are volatile. They have huge price spikes, and sometimes huge price dips. Traders make money by taking advantage of big moves.

We’re experiencing a price dip right now. It’s the reality of our situation.

There’s no need to cry over spilled milk. Put your thinking cap on and start studying. We need to prepare for a crypto rebound.

How Crypto Helps Africa 🌍

Famously the second country in the world to recognize Bitcoin as an official currency. The Central African Republic now plans to launch a new project.

Read all the details here.

President Faustin-Archange Touadera said, “an impenetrable bureaucracy is keeping us stuck in systems that do not give a chance to be competitive.”

A decentralized currency like Bitcoin could offer citizens an alternate road to economic stability.

We’ll keep you updated on the CAR’s progress going forward.

Let me know what you're seeing in the crypto markets... reply to this email.

See you tomorrow,

Benjamin Bull

Guardian Financial Publishing

3571 Far West Blvd
Austin, TX 78731 United States

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