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Davos Day 3: FinTech Giants Take on Central Banks on the Future of Digital Money

Tech giants and government officials discussed the future of cryptocurrency to the World Economic Forum, arguing over whether providing a way for the unbanked to tap into financial services is more important than concerns over privacy.

“There are so many people that are strapped in the cash economy today that if they have a window into the world’s economy and the ability to digitize their money and have more opportunity, it changes their lives,” David Marcus, the executive who leads Facebook’s Blockchain team, said at the forum in Davos, Switzerland.

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davos, crypto