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Breaking News: Tether Faces Downgrade By S&P Global Amid Concerns Over Disclosure And Assets Holdings

Bitcoin’s Disruptive Nature a Topic at Financial Conference

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Last Updated: October 7, 2020 11:37 am
1 min read

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The topic of bitcoin is going far beyond niche web forums, social sharing websites, and enthusiasts’ circles.

It’s already become a talking point in the finance industry (and others). And with more and more companies discussing how bitcoin can fit into their future plans, we’re getting first-hand evidence that this digital currency is growing into something unlike the world has ever seen.

As speaking of the financial industry, later this year some of the biggest companies in the sector are meeting up at the Aria Hotel in Las Vegas at the Money 20/20 gathering to discuss a number of different topics, which include technology developments, legal and regulatory landscapes, and yes, bitcoin.

According to the event’s still-developing agenda, the “Disruptive potential of crypto-currencies, including bitcoin.”

Wondering who’s going to be in attendance at the conference? Big money.

PayPal CEO David Marcus, VISA President Ryan McInerney, Discover CEO David Nelms, and American Express CEO Kenneth Chenault only to name a few.

There’s over 400 others, and Tyler Winklevoss — a huge bitcoin proponent — will be one of them.

Of course, Winklevoss and his brother are heavily vested in the digital currency, owning as much as one percent of all bitcoins in circulation by some estimates.

Together, the two (part of Winklevoss Capital) will list their Bitcoin Trust on NASDAQ pending regulatory approval.

It certainly will be interesting to see what comes out of it (if anything). But it will be a while until the event takes place.

Money 20/20 runs from November 2-6.

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