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.”
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.