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EVENT DETAILS |
Spending with cash is easy & fast; spending with a payment card is almost the same. But spending Bitcoin is a different matter: it can take many minutes to complete a transaction, with varying costs. And with rising values Bitcoin seems to be treated more as a commodity like gold, rather than a form of payment. Many now doubt that Bitcoin itself will ever achieve the goal of a ubiquitous electronic cash system competing with fiat currency.
But not so fast. First, developers have proposed solutions to more quickly & less expensively validate Bitcoin transactions. Also, Bitcoin's most prominent competitor, Ethereum, may shift away from the proof of work model that underpins Bitcoin to a proof of stake model that promises more efficient & inexpensive transactions. And perhaps there are other innovations over the horizon that will surpass even these.
So what does this mean for Bitcoin? And for other cryptocurrencies such as Ether & its thousands of progenies, from FileCoin to EOS to Tether? Join NYPAY for a bit of a lesson (but no quiz at the end) & a lot of discussion.
With special thanks to annual sponsor:
REFUND POLICYIf you are unable to attend, all fees will be refunded. Refund requests must be received in writing, prior to 24 hours after the event. Please send refund requests tonikki.principe@nypay.org
Lance Koonce
Partner
DWT
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