The Miami crypto conference is expected to draw more than 50,000 people

Miami is establishing itself as a crypto hotspot by hosting the Bitcoin 2021 conference this year.

The Miami crypto conference is expected to draw more than 50,000 people

The "world's largest Bitcoin event," the Bitcoin 2021 conference in Miami, has been named "the world's largest Bitcoin event," with organizers expecting a significant turnout.

The event, which takes place from June 3 to 6 at the Mana Convention Center in Miami's Wynwood neighborhood, will include a number of industry executives and personalities.

Former congressman Ron Paul, MicroStrategy CEO Michael Saylor, pro-crypto Wyoming Senator Cynthia Lummis, Square co-founder Jack Dorsey, and cryptographer Nick Szabo are among the crypto luminaries scheduled to attend.

According to a Fox Business story, the organizers expect more than 50,000 people to attend.

In recent years, Miami has established itself as a significant tech city, with the Wynwood district in particular becoming a technology and innovation hotspot. The crypto conference was formerly hosted in Los Angeles, but owing to venue availability concerns, organizers opted to relocate it. The event organizers claimed on their official website:

“In addition to changing cities, we are also relocating the conference to June 4–5, to give enough time for the second wave of COVID-19 to pass and vaccine dissemination to begin.”

With opening bids of 3 BTC, a "whale pass" admission ticket is being offered. The package includes admission to Bitcoin 2021, five celebrity-suite tickets to the next Mayweather vs. Logan Paul boxing event, three vintage Dom PĂ©rignon bottles from 1996, a meet and greet with pro skateboarder Tony Hawk, and VIP concierge services.

The mayor of Miami, Francis Suarez, is one of the speakers at Bitcoin 2021. Mayor Suarez is well-known in the cryptocurrency sector for his pro-Bitcoin position and incentive programs aimed at increasing digital asset usage throughout the city.

Suarez indicated in February that Miami city employees would be able to get their salary in Bitcoin rather than USD if they so desired. He also indicated at the time that he was considering using BTC to fund his reelection campaign.

Also read: Short-term holders capitulate as Bitcoin rejects at $37.5K, according to on-chain statistics.

Mayor Scott Conger of Jackson, Tennessee, followed Miami's lead in April, saying that the city was looking into paying its staff in cryptocurrency and considering mining Bitcoin to add to the city's balance sheet.

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