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How Miami Became America's Capital of CryptocurrencyLured by the promise of insane profits, some 5,000 people came to Miami for the 2018 event, more than ten times the attendance just a couple of years ago, according to 29-year-old conference founder Moe Levin."It was a lot more people that were chasing the hype," he says. "We sold 350 tickets in 2016. We were really begging people to come."As crypto reaches peak fervor, there's a palpable energy about Bitcoin and its underlying technology, the blockchain. In barely a decade, a movement that began with utopian dreams of restoring power to the people is seeing real returns. Governments such as Canada are using the blockchain to add transparency to public funding, while retailers like Walmart have used the tech to help customers trace their food from farms to shelves. The U.S. Department of Homeland Security is even testing blockchain technology to keep records safe from hackers.Thanks to lax state oversight and an influx of foreign cash..... Continue reading at: http://www.miaminewtimes.com/news/how-miami-became-americas-capital-of-cryptocurrency-10208646
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