Crypto Panel in Davos: Use Cases, Not Greed, Will Drive the Industry Forward

Christina Lucretia Korner, during her talk at WCF Crypto2030, touched upon the curiosity of individuals outside the crypto industry about how to profit from cryptocurrencies. She highlighted that the current phase of the industry is driven by greed to some extent, but it's not the sole motivator. This greed, she believes, is propelling the entire crypto community forward. However, she also stressed the need to shift the industry's focus towards exploring various use cases and applications for blockchain technology.

Korner urged investors to reflect on their motivation for entering the crypto space. Many may have been attracted by influential figures promoting substantial profits. While numerous crypto projects aim to democratize finance, there is a risk of attracting new investors with misleading or inaccurate information online. Korner's insights shed light on the importance of understanding the true potential of cryptocurrencies beyond the hype.

Bilal Bin Sakib, founder of Web3 Pakistan, added that influential figures have been torchbearers for the industry. He emphasized that there were no business schools teaching cryptocurrency, and those who made significant contributions spent time researching official documents and economics. They invested their time and effort into conducting their own research, making informed decisions, and providing valuable insights.

The WCF coincides with the World Economic Forum in Davos, where industry leaders and politicians gather to discuss finance, regulation, and other matters impacting the global economy. These events collectively shape the future of the cryptocurrency industry and its integration into the broader economic landscape.