It looks like the “world’s largest bitcoin conference” has fallen short — attendance-wise, that is.
According to general question and official social media sitesBitcoin 2023 is the largest bitcoin conference in the entire world, but despite the announced variety of speakers, panels and events, there are reports that not many people turned up – at least not as many as might have been expected.
The conference is held on May 18–20 in Florida, United States, hosting a number of speakers from various fields, Involved micro strategyMichael Saylor, East bitmex CEO Arthur Hayes, financial analyst Lynn Alden, Lightning Labs CEO Elizabeth Stark, Author Michael Lewis, US Senator Cynthia Loomis, USA Presidential Candidates Vivek Ramaswamy and Robert F Kennedy JR, credit Suisse Managing Director Zoltan Pozsar, Chief Strategy Officer Human Rights Foundation Alex Gladstein, blockstream CEO Adam Back, Indonesian Governor Ridwan Kamil and many more.
But it’s the number of empty chairs that caught the attention of some attendees.
Will Laurent, a contract worker for certainty, Said Decrypt what felt like a ghost town yesterday compared to last year.
“It’s not as wall-to-wall packed as it normally is,” said Andre Hicks, an attendee for the past two years. “I’ve never been where it was like a dead bear market like it is now.”
Last year, about 35,000 people participated, Per Although the organizers of the event COVID-19 Epidemic. It ran for four days and featured over 450 speakers.
This year, only 15,000 attendees are expected.
Reasons for this decline in attendance include a vastly different crypto ecosystem compared to last year, given that the industry has been badly hit by a prolonged crypto winter, failures and bankruptcies of several major players, and subsequent transitions. has been shaken. Legal and regulatory issues.
there could be another reason ticket price,
A ‘General Admission’ ticket costs less than $1,000 for two days (Friday and Saturday), an ‘Industry Pass’ for all three days is $1,399, and a ‘Whale Pass’ will set you back $12,000. The higher the price, the more perks, benefits and pampering.
However, in April 2022When the last convention was held, the general admission pass was $1,099, the Industry Pass was $2,499, and the Whale Pass cost $21,000.
Despite lower ticket prices compared to last year, the cost of living is higher and disposable income is higher for the average person.
Hicks suggested that another notable factor is the long bear market – people will be more excited to go to this type of convention if they are in a festive mood because prices are rising.
Nevertheless, Thursday was ‘Industry Day’, described as a day “dedicated to financial institutions, venture businesses and startups”. It is designed to allow industry members to network and explore various opportunities.
Sam Miyakawa, an open-source developer, was quoted as saying that at the conference “there will be a lot more people [on Friday], I didn’t expect so many people to be here.”
Similar to Hicks, Miyakawa noted that bitcoin 2022 happened right after a bull market.
As general admission begins today, more reports and impressions are bound to be shared.
Here are some of the tweets from ‘Industry Day’:
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learn more:
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