24 Jan '14, 4pm

Bitcoin Falls Flat Among Davos Crowd

DAVOS, Switzerland — The Saudi Arabian finance minister had a puzzled look on his face sitting in one of the lounges of the Congress Centre at the World Economic Forum. Ibrahim Abdulaziz al-Assaf was trying to remember where he’s heard the word “Bitcoin” before. The managing director of the International Monetary Fund, Christine Lagarde, stopped by and broke his concentration. Air kisses ensued, and seconds later he was back in his chair when a flash of recognition crossed his face. “The Bitcoin currency, yes!” he said. But when pressed for his thoughts on the issue, he said he didn’t have many. “I’ve just heard a bit about it, and really have no opinion.” Bitcoin has garnered very little attention of the world’s political and financial elite gathered here for the World Economic Forum (WEF) — a seemingly golden opportunity for Bitcoin cheerleaders the Winklevoss twins and ...

Full article: http://www.buzzfeed.com/mariahsummers/bitcoin-falls-flat-...

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