It’s impossible to live in central Switzerland and not pay attention to WEF and Davos sentiments these days.

I followed the summaries of what had been said, key themes, and takeaways. My conclusion (not from what happened or was said in Davos but what I think it meant) is that the tide is turning and it’s finally time to be optimistic – so I disagree that the situation is dire and grim.

Yes, I know, when around this time last year I was somewhat pessimistic and talking about a divided fragmented world (I literally had a podcast on that with this title!!!), Art of War, inflation and recession in Europe, meaningless sanctions, opportunities in emerging economies… some people told me I was too pessimistic. 

It always feels great to be able to say “I told you so”. 😉

Anyway, I think many of the Davos guests are such an integral part of the mainstream establishment, so they are more likely to confirm and validate what already happened and less likely to set into motion something new. I disagree with them that now is the time for anxiety and austerity. Quite opposite – I see the positive signs in FinTech activities and believe that now is the time to act and invest and try new things.

The main reason I feel bullish about the time now is that many people have become open to non-conventional solutions and ready to accept unusual proposals. I have personally seen several companies on the verge of running out of money able to obtain financing and restructure their cash flows in the most unconventional ways and in record times.

The quality of the businesses or partnerships, their know-how, and added value are so clear that it allows us to make decisions fast.

Many contractual terms have become much shorter and simpler. Perhaps because so many of the deals and partnerships now include players from the emerging markets who are naturally less “legalistic”.

Sensible reasonable independently thinking entrepreneurs and experts who don’t live their lives under the fog of excuses and mass media, not waiting for divine intervention or better times, are now instantly able to see and recognize like-minded people. This informal “brotherhood” creates instant connection and trust. 

Did you notice that these days (perhaps thanks to additional flexibility at work?) our social and business circles have magically become “cleaner”, there are fewer random peers and strangers around us, and we are mainly working and socializing with people who really share our values and working styles and ideas?  

Yes, licenses will take longer these days, but partnerships, contract conclusions, and even audits are happening amazingly quickly. 🚀

By the way, the tokenization of assets and a new wave of token issuance is underway. It may not be wise to issue new tokens before the next bitcoin halving, however, given the fact that the trading volume of stablecoins is seriously competing with the trading volume of bitcoins, perhaps, bitcoin halving is less of a factor.

What’s your experience? I’m curious to know! 🤓

Start listening to this episode on the Compliance That Makes Sense podcast – Click here!