Defiant Optimism Prevails at Bitcoin Conference in Miami

  • Atlantic Financial founder says he’s seen this all before
  • Young, mostly male crypto enthusiasts flock to Miami event

Blockchain's Bogart Says Bitcoin Correction Not That Big Yet

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If any Bitcoin investors went broke this week, they weren’t looking for pity in Miami, where hordes of digital-currency enthusiasts converged to (mostly) profess optimism about the future of the technology.

Bitcoin plummeted 23 percent on Tuesday and went even lower Wednesday, before regaining some ground, amid a December-to-January collapse that erased 53 percent from peak to trough. But the investors, entrepreneurs and curious outsiders who packed the main hall at the James L. Knight Center this week for the North American Bitcoin Conference largely said they still believed in the merits of digital money.