The North American Bitcoin Conference has been opened this morning in the historic Fillmore Theater in Miami. Merchant booths were gathered into the corners of the theatre’s lobby, side entrances and mezzanine, which maintained a unique atmosphere for networking and sales. The conference covered a range of topics dominating industry discussion: security and commerce to development and regulation, bitcoin’s unstable price.
According to the official website of the conference, in 2 short years, TNABC has grown from 100 attendees in 2012, to over 2000 visitors from 40 countries in 2014. This is due to the attendees unwavering enthusiasm amplified with the best speakers in the world. Speakers include an impressive list of the founders behind groundbreaking and industry-leading bitcoin companies including Vinny Lingham, Vitalik Buterin, Tony Gallippi, Roger Ver, Matt Roszak, Dan Moorehead and Nicolas Cary amongst many other CEOs and founders of the world’s leading technology companies.
More than ever before, TNABC comes at a crucial time. In the last six months the currency has experienced both the good and bad sides of the limelight: while it has dramatically increased in visibility and gained a rising acceptance with vendors and shoppers, there has been more regulatory scrutiny and wild fluctuations in value. At this time, more than ever before, the Bitcoin community is needed to ensure a prosperous and well-balanced future for the currency and technology.
Jaron Lukasiewicz, CEO and founder of Coinsetter, venture capital funded bitcoin exchange, came on the stage with discernable enthusiasm: “This is the coolest venue I’ve ever been to. I feel like a rockstar of Bitcoin.”
However, after such a positive beginning, Lukasiewicz apparently took quite the opposite view of bitcoin’s potential – contradicting the fact that the digital currency is an inexpensive payment option. “In fact, it’s a much more expensive option,” he admitted. “The cost structure of bitcoin is not competitive.”
According to his words, the digital currency’s best advantage is in remittances and in certain international payment transfers. “Remittances is, luckily, a huge opportunity for our industry and our companies,” Lukasiewicz claimed.
Paul Vernon, CEO of Crypsty,a bitcoin exchange, came on the stage after Lukasiewicz, summarizing the vast universe of alternative coins, as he narrated stories of his own early efforts in mining bitcoin.
Josh Garza, CEO of GAW Corp and GAW Miners, a provider of digital currency mining products, has preliminary canceled his speech and Q&A session without giving a specific reason to the organizers of TNABC.
As we previously reported, prominent bitcoin investor Roger Ver has been denied a visa to enter the US, although he was born in the country, which means that he is not allowed to attend the conference. However, Ver, who is one of the most well-known Bitcoin personalities, is scheduled to make his appearance via robot on Sunday, January 18th, during the Venture Capitalist panel.