Lots of Optimism at the Miami Bitcoin Conference This Week

This January, thousands of cryptocurrency enthusiasts flocked to The North American Bitcoin Conference in Miami after a grueling two weeks of market madness. The very large crowd, however, was quite confident that the emerging digital asset space was still on the rise as the halls of the James L Knight Center were bursting with vigor.

Thousands of People, Hundreds of Exhibits, and Lots of Lambos

The North American Bitcoin Conference (TNABC) was a full house this year as thousands of attendees (mostly newcomers) gathered to converse about cryptocurrencies and tech applications that many dreamers believed could make the world a better place. The new year market slumps of 2018 haven’t seemed to phase bitcoiners, as many of the attendees still believe “the moon” values are still very much in sight. The first thing attendees noticed at TNABC walking into the auditorium was the various exhibits, huge bitcoin signs and the large quantity of Lamborghinis in the parking lot. One Lambo was for sale at the conference for 43 BTC and a bunch of other digital currencies.

There were a lot of Lambos at TNABC and some were even for sale.

Mainstream Media Presence

In addition to the vast quantity of newcomers, many mainstream media outlets were also in attendance such as RT, CNBC, Bloomberg, and also a prominent amount of local Miami news stations. Of course, the press was quite interested in the crypto phenomena while they interviewed bitcoin luminaries and startups pitching different ideas. But the main thing the mainstream media wanted to know is whether or not cryptocurrencies would ‘survive’ the recent ‘crash’ that took place over the past three weeks.

The Tokenized Economy and ICO Pitches

One of the main themed events within the auditorium was the immense amount of initial coin offerings (ICO) pitching various ideas tied to the blockchain concept. Many of the ideas were basically tokenized (mostly ERC-20) assets bootstrapped to schemes like travel, fruit juices, healthcare, and luxury cars. The ICOs also filled the large exhibit hall and many attendees were fascinated by these tokenized ‘offerings’ while representatives tried to explain the startup’s objectives. The recent crackdown on ICOs in the U.S. by the Securities and Exchange Commission has not deterred people in the ICO industry as the TNABC event had shown this space is still growing exponentially.

Many Crypto Businesses, Gadgets, and Speakers

In addition to the ICO madness, TNABC hosted an extensive number of speakers and other types of businesses focused on assets like bitcoin cash, ethereum, dash, and bitcoin core. Well known businesses in attendance included Shapeshift, RSK, Bitpay, Bread, Edge (formally Airbitz), Netki, and more. Many of the companies said their growth last year was substantial and many reputable crypto-based firms said they had big announcements planned for 2018. TNABC also had live GPU miners running in the exhibit halls, a virtual reality setup, and a 3D printer making physical bitcoins in addition to the ‘swag’ participants were collecting throughout the day.

Cryptocurrency ATM, and a 3D printer creating physical bitcoins on site.

Throughout each day of the event, there were various speakers from different companies, developers, and luminary-esque cryptocurrency evangelists. Notable keynote speakers included Overstock’s Patrick Byrne and his Tzero project, Unsung’s Jason King, director of content at AIER Jeffrey Tucker, and the Dollar Vigilante’s Jeff Berwick…

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