This week, Miami will host the world's largest cryptocurrency conference, indicating that what was once regarded as a temporary sensation is now mainstream.
The world’s largest cryptocurrency conference, which will take place from June 3 to June 5 at the Mana Convention Center in Miami's Wynwood neighborhood, attracts several noteworthy attendees, including Twitter CEO Jack Dorsey and Miami Mayor Francis Suarez, who has expressed his ambition for the city to become a crypto hub.
The conference was initially expected to take place in Los Angeles from April 30 to May 1, but it was moved to Miami due to worries over California's harsh COVID-19 laws. The date was also pushed out to provide time for the virus's second wave to pass and vaccinations to be distributed.
The organizers of the conference anticipate that up to 50,000 people will attend.
Miami has grown as a key IT center in recent years, despite its size in comparison to its west coast peers. Wynwood, in particular, has emerged as a center for arts, technology, and innovation.
In January, Mayor Suarez told Fox Business that he is investigating the possibility of enabling people to pay local taxes and fees in Bitcoin.
"We aim to be one of the most technologically advanced and crypto-forward cities in the country," he stated. "So we're looking at... developing a regulatory framework that will make us the easiest place in the United States to conduct business in cryptocurrencies."
Former congressman Ron Paul, Miami Mayor Francis Suarez, Senator Cynthia Lummis, MicroStrategy's Michael Saylor, and Twitter's Jack Dorsey will be among the top-rated speakers at Bitcoin 2021. Among the other speakers are Floyd Mayweather Jr., the Winklevoss twins, Max Keiser, and Warren Davidson, to name a few.
The conference is a Bitcoin educational event that aims on celebrating the largest cryptocurrency and its decentralized technology while also discussing Bitcoin's technological growth through a collaborative effort from some of the industry's sharpest minds.
The event also hopes to increase bitcoin's general popularity by allowing individuals to utilize the money in a real-world situation.