25 Jul '14, 4am

Coin Congress Day 2: Bitcoin Industry Bullish in Face of Obstacles

Coin Congress Day 2: Bitcoin Industry Bullish in Face of Obstacles

The second day of Coin Congress in San Francisco focused less on recent US regulatory developments, instead placing a heightened emphasis on the promise of bitcoin’s underlying technology. Held at the Union Square Hilton this week, the event featured a variety of speakers and panels. Experts offered unique perspectives on the bitcoin and cryptocurrency economy, and with their remarks succeeded at framing the industry as a fast-developing space worthy of its early accolades. Despite the promise and excitement surrounding the industry, however, event commentators were keen to point out the obstacles that bitcoin needs to overcome in order to bring its full capabilities to market. The mainstream portrayal of bitcoin in the media appears to be one issue, according to Michael Terpin, who founded the PR service Marketwired in the early 1990s. He says negative headlines sell, and...

Full article: http://www.coindesk.com/coin-congress-day-2-bitcoin-indus...

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