Bitcoin 2022 extravaganza is ‘all about eye-catching' post pandemic
A pulsating beat was one of the constants at this week’s Bitcoin 2022 conference in Miami. That along with unlimited parties and testimonials about the life-changing powers of the cryptocurrency.
After two pandemic-ravaged years, Bitcoiners declared they’re back in a big way, with more the 25,000 attending the extravaganza to celebrate the original digital asset as well as each other. So many parties had been set up that an Excel listing many of the soirées was passed around so attendees could plan accordingly.
At the conference itself, companies showing off their wares amid a sea of exhibits were surrounded by physical manifestations of the excitement for the crypto universe -- literally. A giant moon hung over the space to remind everyone of the heights they were striving for. And if that weren’t enough, an enormous Mars hung further afield. The message: shoot for the moon, the opportunities are boundless.
Crypto dignitaries, including Michael Novogratz and Peter Thiel, gathered for panels in colossal rooms pumped around the clock with fog machines and dance music. Lasers of purples and greens skittered across the floor. A special section was reserved for so-called whales -- these were the VIPs who got to sit on chairs and couches propped up on risers, levitating above the main crowd.
“This is total madness,” said Marc LoPresti, managing director of The Strategic Funds. “The who’s who of the blockchain industry is here. It’s almost too big.”
In the years since Covid first broke out, the crypto industry has exploded -- companies have sprouted and grown and there’s more money than ever sloshing around for projects. Bitcoin has surged more than fourfold since before the pandemic, even with it down almost 40% since setting
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