Miami, Florida Looks to Stay at the Forefront of the USA Crypto Adoption Revolution

Here’s Why Miami Is At The Forefront Of The U.S Crypto Revolution

A lot of crypto fanatics may remember the time when Florida-based pizza company, Papa John’s, delivered two of its pizzas to residents in Jacksonville for a sum of BTC that is currently worth $65 million.

Now, it appears as though Miami is slowly becoming the next go-to city for crypto enthusiasts, with the region witnessing an unparalleled surge in the number of blockchain and crypto conferences being organized in the area.

Lastly, it is also worth noting that Miami is home to the annual NABC summit ( North American Bitcoin Conference) as well as the birthplace of Vitalik Buterin’s Ethereum experiment.

Miami Is The Place To Be For Crypto Enthusiasts

This year’s iteration of the North American Bitcoin Conference saw the event draw in more startups and crypto enthusiasts from all over the globe than ever before. Similarly, Miami is also all set to host the upcoming Blockchain Shift conference that will take place later this month.

According to the official event website, the conference is all set to draw in big name players such as IBM, Tesla, KPMG, Bloomberg into its orbit. However, another key selling point of Miami is its perennial party climate— with Blockchain Shift promising attendees with a slew of late-night yacht dancing events and other similar activities. Not only that, Miami has also been a pioneer when it comes to the adoption of cryptocurrency ATMs. For example, the city has welcomed crypto provider BitStop and allowed the firm to set up various transaction points all across the city.

Talking about this recent crypto craze in Miami, George Levy, a lecturer and senior instructor on all things blockchain, said that this recent surge of interest has been because of younger people “slowly realizing the true potential of cryptocurrency”.

He then went on to say that along with the U.S, a lot of emerging blockchain talent was also coming from South America.

“We’re seeing innovation coming out of Latin America, as well strong developers based in Argentina. The fact that I’m here in Miami gives me a very close spot to be able to engage that. It’s a great hub.”

Final Take

As many of our readers may already know, a whole host of South American countries such as Venezuela, Argentina, Brazil are currently in the grips of a lot of financial oppression. This has forced a massive chunk of the local population in the aforementioned countries to look for financial alternatives such as Bitcoin, Ethereum so as to bypass issues of hyperinflation plaguing these nations.

Get Free Email Updates!

*Action* Enter Best Email to Get Trending Crypto News & Bitcoin Market Updates

I will never give away, trade or sell your email address. You can unsubscribe at any time.

Avatar
Shiraz J
Shiraz is a multi-year cryptocurrency analyst and blockchain journalist residing in Melbourne, Australia. When he is not writing about the bitcoin ecosystem, he enjoys the art of meditation, playing the blues and traveling the world.

[Alert] Use the author's self-conducted information at your own risk, do you own research, never invest more than you are willing to lose.

[Disclosure] The published news and content on BitcoinExchangeGuide should never be used or taken as financial investment advice. Understand trading cryptocurrencies is a very high-risk activity which can result in significant losses. Editorial Policy \\ Investment Disclaimer

LEAVE A REPLY

Please enter your comment!
Please enter your name here

3,481FansLike
2,795FollowersFollow
4,265FollowersFollow

Live Bitcoin Price & Latest BTC Charts

Today's Latest Crypto News

Over 100k Bitcoin Worth Nearly $1.2 Billion Tokenized on Ethereum; WBTC & RenBTC Leading

The number of Bitcoins locked on Ethereum continues to hit new records. It has already surpassed $1 billion. Currently, nearly $1.2 billion worth of Bitcoin...

China Should Seize the ‘First Mover' Advantages of Launching A CBDC: PBoC

China should aim at becoming the first country to issue digital currency as part of its efforts to internationalize the yuan and lessen its...

These 2 DeFi Forks Take a Harsh Beating As The Originals Reclaim Their Dominance

Up until the mid of last week, Curve clone Swerve was enjoying a record $942 million in deposits, or total value locked (TVL), as...

Biggest Banks Involved in Moving $2 Trillion Illicit Funds, Reveals FinCEN Documents

And they say bitcoin is used for criminal activities. The leaked documents of $2 trillion transactions, a tiny proportion of the SARs submitted over the...

Binance Launches the ‘Innovation Zone' to Justify DeFi FOMO Listings

Leading spot exchange Binance has created an “Innovation Zone” to list newer tokens. "The team has created the Innovation Zone, which will allow users to...

BitcoinExchangeGuide is a hyper-active daily crypto news portal with care in cultivating the cryptocurrency culture with community contributors who help rewrite the bold future of blockchain finance. Subscribe on Google News, see the mission, authors, editorial links policy, investment disclaimer, privacy policy. Got News? Contact us, we are human too. Note: nothing here is financial advice, do your own research thoroughly.

Start Using Crypto Today