Bitcoin is getting bashed at Davos but the crypto world is fighting back

Bitcoin was hammered by top business leaders at the World Economic Forum in Davos, but those in the cryptocurrency world had a message of their own. Cryptocurrencies were one of the biggest topics at the Forum. There was an official session on it, CNBC ran a few panels about the subject in The Sanctuary, and there was even a dedicated spaced called Crypto HQ, which focuses on blockchain technology.

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His sentiment was echoed by Nic Cary, co-founder of cryptocurrency wallet Blockchain.

"You have to look at the fundamentals," he said. "To us, we are seeing increases in transaction volume and to me that's one of the first indicators that more people are using this in their daily lives and that's really interesting to me."

Cryptocurrency is a truly divisive topic and discussions in Davos have further brought it on to the world stage.

  
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