George Soros No Shows WEF Summit, Could Crypto Be A Reason Why?• January 16, 2023 5:35 pm • Comments
Billionaire philanthropist and major Democrat donor George Soros recently announced he would not be attending the World Economic Forum’s annual Summit.
Soros took to Twitter to write “Due to an unavoidable scheduling conflict, regrettably, I cannot attend the@WEF Annual Meeting in Davos this year as I have in past years.
The billionaire would continue “I plan to deliver a speech in Munich on the eve of the @MunSecConf Details to come.”
Read his tweet here:
Due to an unavoidable scheduling conflict, regrettably I cannot attend the @WEF Annual Meeting in Davos this year as I have in past years. I plan to deliver a speech in Munich on the eve of the @MunSecConf. Details to come.
— George Soros (@georgesoros) January 10, 2023
At face value, it looks like Soros just has a busy schedule but there’s something deeper to the story.
The WEF recently announced they would focus on cryptocurrency this year at their Summit.
— Crypto Macro (@cryptomacro14) January 14, 2023
Soros however has been very vocal about his distrust of cryptocurrency.
Previously at the WEF Annual Summit in Davos, Soros stated”Bitcoin is not a currency, because a currency is supposed to be a stable store of value, and a currency that can fluctuate 25% in a day can’t be used, for instance, to pay wages. Because the wages could drop by 25% in a day.”
George Soros trashes #Bitcoin at #Davos
"Cryptocurrency is a misnomer, and it's a typical bubble, which is always based on some misunderstanding…Bitcoin is not a currency. A currency is supposed to be a stable source of value."
— Heather Long (@byHeatherLong) January 25, 2018
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