Bitcoin as a 'Lifeboat' Amidst Shifting World Order: WEF Discussion
According to reports, at the World Economic Forum in Davos, Canada's Prime Minister, Mark Carney, stated that the current "rules-based order" is fading, calling it a "pleasant fiction." He highlighted the use of integration as a weapon and the exploitation of supply chains. This shift, according to the report, impacts the perception of money, turning it from infrastructure into a border. Bitcoin emerges as a viable option, offering a hard-to-block, credible asset outside traditional systems. In a changing world, Bitcoin provides risk management, serving as an alternative when access to traditional systems becomes conditional. The discussion suggests a move towards collective investments in resilience.
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