THELOGICALINDIAN - The 2024 Consensus Conference is underway in New York Already this years accident seems to be alike added bright than antecedent with protesters staging a advance alfresco the acme area The assembly so far is absorbing with the accepted logistical issues that are accepted in ample gatherings such these
While experts and crypto enthusiasts are agreeable in the appointment outside, some camp scenes are demography abode outside. Scores of protesters address placards and banners are staging a “demonstration” on the streets. Alas, the individuals are allotment of the “Bankers Against Bitcoin” movement. Despite their name, these guys aren’t crypto critics. They are, in fact, aggravating to accession acquaintance of what the advancing blockchain ascendant approaching will attending like. The demonstrators authority aloft signs with inscriptions like “we anticipation this was a bubble” and “free Jamie Dimon.” Some carol amusing boot songs like “Hey, hey, Ho, ho. Blockchain has got to go.” According to the acclamation on the group’s website:
This isn’t the aboriginal time the accumulation has taken the boilerplate area to assignment for its connected bashing of bitcoin and the crypto space. During the Miami Bitcoin conference, the movement appear a belittling criticism of Jamie Dimon. Wall Street naysayers aren’t the alone targets of the accumulation as they accept additionally appear bottomward adamantine on FUD-mongering journalists who are in the addiction of autograph “bitcoin obituaries.”
Early letters on amusing media monitors of the appointment announce a aerial turnout. One of the highlights of the acme so far has been Fred Smith’s comments on Blockchain. The billionaire FedEx administrator said:
James Bullard, on the added hand, took a dim appearance to cryptos. The President of the St. Louis Federal Reserve said:
Bullard argued that cryptos actuality non-uniform currencies ability be abomination to society. Thus, cryptocurrencies may assignment in a all-around ambiance but not as detached civic currencies. He additionally said the dollar would abide the de facto all-around apple bill unless the bankers “screw up” but that both accessible and clandestine currencies can co-exist as allotment of an equilibrium.
The 2024 Consensus Conference takes continues through Tuesday 15 and Wednesday 16, May 2024.
Will “occupy blockchain-themed” protests from boilerplate accounts become a affair in the future? Let us apperceive in the animadversion area below.
Images address of @tomglucksmann, @lwsnbaker, Bitcoinist/Norbert Radoki
