Skip to main content

Miami crypto conference predicts attendance exceeding 50,000

Miami is expanding as a crypto hub by hosting this year’s Bitcoin 2021 event.

The Bitcoin 2021 conference in Miami has been touted as the largest Bitcoin event in crypto history, with organizers expecting a huge turnout.

The event, running for three days from June 3 at the Mana Convention Center in Miami’s Wynwood neighborhood, will play host to a number of industry executives and personalities.

Crypto luminaries schedled for attendance include former congressman Ron Paul, MicroStrategy CEO Michael Saylor, pro-crypto Wyoming Senator Cynthia Lummis, Square co-founder Jack Dorsey, and cryptographer Nick Szabo, among others.

The organizers are expecting more than 50,000 attendees, according to a Fox Business report.

Miami has emerged as a major tech hub in recent years, with the Wynwood neighborhood, in particular, evolving into a hub for technology and innovation. The crypto conference was previously held in Los Angeles but organizers decided to move it due to venue availability issues. On the official website, event organizers stated:

“In addition to moving cities, we are also pushing the conference back slightly to June 4–5, so as to allow ample time for the second wave of COVID-19 to pass and for vaccine rollout to take place.”

A “whale pass” entry ticket is being offered with starting bids at 3 BTC. The pass allows entry to Bitcoin 2021, five celebrity-suite tickets to the upcoming Mayweather vs. Logan Paul boxing match, three vintage bottles of 1996 Dom Pérignon, a meet and greet with pro skateboarder Tony Hawk, and access to VIP concierge services.

Miami Mayor Francis Suarez is among Bitcoin 2021’s speakers. Mayor Suarez has gained fame within the crypto community for his pro-Bitcoin stance and incentive schemes intended to bolster digital asset adoption across the city.

In February, Suarez stated that Miami city employees would be able to get their salaries paid in Bitcoin rather than USD if they wanted to. At the time he also revealed that he was considering financing his reelection campaign in BTC.

In April, Jackson in Tennessee followed Miami's lead, with Mayor Scott Conger announcing the city was actively exploring offering its employees to be paid in cryptocurrency, and consider mining Bitcoin that would be added to the city’s balance sheet.



from https://ift.tt/3i7qSxN
https://ift.tt/3i3VksE

Comments

Popular posts from this blog

DeFi isn’t dead, it just needs to fix these 3 critical problems

It’s been a rough year for DeFi, and it may not get any better until projects focus more on security, regulation and usability. The persistent challenges  decentralized finance  face have been well documented by a handful of analysts and the recent collapse of the Terra ecosystem re-enforced the fact that something is critically wrong with DeFi. I think DeFi today is completely broken for 99% of the population. The promise of a more transparent financial system has been overtaken by greed. UST/LUNA is just the latest in a string of bad developments: — Peter Yang (@petergyang) May 11, 2022 Let's take a look at what experts say DeFi needs to do in order to have another revival.  Improved usability To date, the promise of open and uncensored access to a global decentralized financial system has been largely hampered by the complicated interface, confusing multi-step staking processes and lack of clarity surrounding the yields on various tokens. What do you thi...

ENS DAO delegates offer perspective on DAO governance and decentralized identity

AlphaWallet CEO and Spruce co-founder talk about their roles as contributors to the Ethereum Name Service following the project's recent airdrop. Earlier this month, the Ethereum Name Service, or ENS, formed a decentralized autonomous organization, or DAO, for the ENS community.  Cointelegraph spoke to two ENS DAO delegates who applied for the opportunity to represent the community and stay involved in the decision making process: Victor Zhang, CEO of AlphaWallet, an open source Ethereum wallet, and Gregory Rocco, co-founder of Spruce, a decentralized ID and data toolkit for developers. Zhang spoke about his experience as an external contributor to ENS and an early supporter since 2018. Zhang initially sought to help ENS by offering Alpha Wallet as a user-friendly tool for  resolving .eth names and cryptocurrency wallet addresses. Essentially, if a user inputs an .eth name in the AlphaWallet, it will show the wallet address, and vice versa using reverse resolution. Alpha...

National Futures Association adds rules for members handling digital assets

The CFTC-linked self-regulatory organization (SRO) has disclosure rules for members engaging in activities with BTC and ETH; now, standards of conduct are being added. The National Futures Association (NFA), the United States self-regulatory organization for derivatives markets, has issued a new compliance rule addressing members’ conduct. The new rule complements requirements issued in 2018. The NFA has “well over 100” members that engage in activities with digital asset commodities, but no way to address fraud or misconduct committed by those members, the organization explained to secretary of the Commodity Futures Trading Commission (CFTC) Christopher Kirkpatrick in a Feb. 28 letter as it submitted the proposed new rule for approval. The new rule is modelled on the NFA’s antifraud rules for exchange traded futures and swaps transaction and retail foreign exchange. The NFA is the only registered self-regulatory organization that has delegated authority from the CFTC, giving it a...