Amid the latest crypto bear market, the business and asset class critics have bonded together to host their anti-crypto <a href="https://amycastor.com/2022/07/03/crypto-skeptics-step-up-lobbying-efforts-with-their-first-ever-conference/" target="_blank" rel="nofollow noopener">conference</a> where they can express their doubts and connect with legislators. Most crypto conferences highlight the most recent innovations at the forefront of the industry. However, according to <a href="https://twitter.com/ahcastor" target="_blank" rel="nofollow noopener">Amy Castor</a>, a crypto critic, the Crypto Policy Symposium promises to give unhappy skeptics a platform to air their grievances.

https://twitter.com/davidgerard/status/1543672474973442049
<h2>Anti-Crypto Conference</h2>
Author and symposium organizer Stephen Diehl told Castor that the goal of this first such anti-crypto conference is to provide the public with a chance to communicate with legislators about how they think the crypto business ought to be handled.
<blockquote><em>"The main goal of the symposium, as Diehl explained it to me, is to give policymakers access to the information and material they need to make informed decisions around crypto regulation."</em></blockquote>
Castor and other bitcoin doubters believe that government officials don't have a firm knowledge of the fundamentals of how cryptocurrencies operate. Government representatives are, in Castor's words, "woefully misinformed." Since supporters would highlight the sector's advantages and technology, the similarities might end there. The disadvantages, such as what Castor referred to as "the current DeFi domino fall," will be highlighted by the doubters in comparison.

https://twitter.com/joonian/status/1543680810594738176

Castor bemoaned that "deep-pocketed crypto businesses with tonnes of venture capitalist support" are the critical voices heard by legislators, who might be swaying their choices. Her opinion notwithstanding, it still looks pretty challenging for the cryptocurrency business to advance in many places, such as in New York State, where a ban on <a href="https://www.cryptoknowmics.com/news/samsung-to-produce-3nm-asic-chips-for-bitcoin-mining/" target="_blank" rel="noopener">Bitcoin (BTC) mining</a> is looming.

First Anti-Crypto Conference for Skeptics to Bring Together the Haters

The crypto skeptics and critics have bonded together to host their anti-crypto conference where they can express their doubts and connect with legislators.

Usha is a diehard crypto enthusiast and has been actively writing on different facets of the blockchain and crypto world. She has authored many research articles on cryptocurrency and aims to provide informational and quality content to readers. She firmly believes that crypto has a great potential to redefine the world of finance and blockchain.

First Anti-Crypto Conference for Skeptics to Bring Together the Haters

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