The Miami Herald reports that Miami will be hosting Bitcoin 2021, arguably the largest cryptocurrency conference in the world, signaling the city’s “emergence as a center for crypto and blockchain technology.”
Daniel Stabile, a partner in Shutts & Bowen’s Miami office, characterized the conference’s move to Miami as “a signifier . . . that the industry is recognizing Miami as an epicenter for blockchain technology.”
Daniel believes that the most significant aspect of blockchain technology is its removal of the need for a trusted third party to carry out transactions.
“In the future, I think that blockchain technology will play an increasingly important role in our lives — maybe not in the foreground but in the background,” Daniel told the Miami Herald. “We’ll have to wait and see what the dominant use cases are in five, 10, 15 years, but I’m very confident that blockchain technology will feature increasingly prominently in our everyday lives as time goes on.”
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- “Thousands will descend on Miami for the world’s largest crypto conference. Is the hype real?”, Yahoo! News (May 31, 2021)
- “Miami Marks Tech Hub Milestone With Crypto Conference,” The Daily Miami News (May 31, 2021)
About Daniel Stabile
Daniel Stabile is a partner in the Miami office of Shutts & Bowen LLP, where he is a member of the Financial Services Practice Group. The firm's Financial Services Practice Group has been recognized by Chambers USA as a Band 1 banking and financial practice area since its first publication. Daniel is a leading attorney in the distributed ledger and digital asset spaces. For several years, he has taught a course on the regulation of blockchain at the University of Miami Law School, and he authorized a first-of-its kind textbook on the subject: Digital Assets and Blockchain Technology: U.S. Law and Regulation (Elgar 2020).