Cryptocurrencies
New York Blockchain Week Begins With Fewer Lamborghinis
- More subdued atmosphere after bubble excesses of prior years
- Blockchain advocates gather in New York as Bitcoin surges
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Even with the resurgence in the price of Bitcoin, there likely won’t be any Lamborghinis on display at this week’s crypto and blockchain conferences. Attendees can instead expect sound baths, meditation and lunch from food trucks paid via digital coins.
That was the scene at the Ethereal Summit in Brooklyn, one of the first during this year’s Blockchain Week, which tends to draw visitors from around the world. It’s a markedly different atmosphere from just a year ago, when participants at the Consensus blockchain conference displayed luxury cars as a reminder that crypto enthusiasts were building wealth despite a more than 50 plunge from record highs set six months earlier.