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What happened at Davos regarding regulation and LCX?

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by COINS NEWS 95 Views

What happened at Davos regarding regulation and LCX?

First and foremost I know most of us aren't a big fan of the WEF and their plans for centralization, CBDC's and full blown regulation in the crypto space. I'm also in the anti-regulation team so make no mistake about that.

One crypto company in particular, LCX (short for the Liechtenstein Crypto assets Exchange) was very present over there, hosted a diner with a lot of eminent people in the crypto space as well as a bunch of eminent Liechtenstein politicians. This year their booth was right next to Coinbases booth.

LCX attends Davos every year and it's always the same story: little pump during the event, hard correction afterwards, except for this year. We're witnessing the crypto market is in a downtrend the past two weeks and usually LCX would drop twice as much as the rest. Not this year. It keeps pumping against the market.

I've got to give it to them that the presentations were much better, the exposure was a lot more and the people attending the speeches and the diner were the kind of people with big bags of money or were quite important compared to other years.

So what is that they spoke about at Davos and who is investing into this? I have a feeling they are cooking something at the WEF with the support of big banking and politicians, so I can't help myself but to think LCX is going to have a big roll in the near future in the crypto space. Does anybody have more info about what is said behind the WEF curtains? Do we have somebody in this sub who attended Davos and maybe picked up something over there?

Again: I'm not favouring any of this, but I'm not allergic to making a hell of a lot of money. And I have a gut feeling this could be the golden ticket.

So if anybody knows anything I'd highly appreciate it if you step forward. I do own a bag of LCX but considering the above I'm eager to expand the bag with a substantial amount.

https://preview.redd.it/bpu75sxickec1.png?1200&format=png&auto=webp&s=164a3ac1daa1d8844f45e540d3186cea9d3531ae

submitted by /u/JohnniePeters
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