Who says the hype around Bitcoin is over?
Even with the world’s best known virtual currency down more than 50% from its record high, thousands of advocates are expected to descend upon New York in what’s been dubbed Blockchain Week. Named after the decentralized computer ledger technology that’s been pitched as the solution to everything from inefficient financial transactions to global poverty, the affair represents a push to bring more blockchain jobs to the world’s financial capital.
More than 8,000 people are expected to crowd into a Midtown Manhattan hotel for Consensus, the biggest of about two dozen events and conferences between May 10 and May 19. During the three-day blockchain bonanza, which kicks off Monday, attendees can watch young tech whizzes and old-world financiers debate the future of digital payments, and see startups pitch their plans to anyone who will listen. The conference shouldn’t be confused with ConsenSys, the Brooklyn-based blockchain startup founded by Ethereum guru Joseph Lubin, who sponsored his own event.
Consensus, hosted by media and research company CoinDesk, will feature hundreds of speakers, including Twitter (twtr) Chief Executive Officer Jack Dorsey, Federal Reserve Bank of St. Louis President James Bullard and FedEx (fdx) CEO Frederick Smith. Then there are the afterparties, including a bash hosted by payment firm Ripple that will be headlined by rapper Snoop Dogg at a secret location in Manhattan’s Meatpacking District.
The May 10 Fluidity Summit, one of the first events during Blockchain Week, offered a peek at what’s to come. A pink-haired woman in a dress suit sat across from a scruffy-bearded man in a jean jacket while crypto heavyweight Mike Novogratz told tales of meeting with Deutsche Bank and Goldman Sachs Group executives about the future of crypto trading. One Wall Street worker lamented the monotony of investment banking, and said she…