Australian Crypto Community Remains Enthusiastic Despite Regulatory Concerns
Terrill Dicki May 14, 2023 22:51
Despite regulatory concerns dominating discussions at recent crypto conferences in the US and Australia, the crypto community remains enthusiastic about the potential of digital assets. Attendees are more focused on discussing intelligent questions around regulation and tax rather than the extravagances of past events. Interest in crypto remains high, and the rise in the price of Bitcoin is encouraging the crypto-curious to attend conferences and ask beginner-level questions.
The crypto community in Australia remains enthusiastic about digital assets, despite regulatory concerns dominating discussions at recent crypto conferences. Attendees are more interested in discussing intelligent questions around regulation and tax rather than the extravagant parties of past events. While regulatory concerns remain high, the rise in the price of Bitcoin is encouraging the crypto-curious to attend conferences and ask beginner-level questions.
At a recent meetup event hosted by Binance Australia, regulation was the most popular point of discussion. Attendees asked intelligent questions about regulation, reflecting a more serious tone at the conference. The bear market did not seem to discourage attendees, with many newcomers showing interest in attending and asking beginner-level questions.
Meanwhile, XRP Las Vegas, a conference for XRP enthusiasts and the “XRP Army,” also saw attendees asking well-thought-out questions about regulation. Attorney John E. Deaton, a social media commentator on the SEC's lawsuit against Ripple, noted that the frustration among XRP fans was not due to fear but to the lack of regulatory clarity in the United States.
The recent tone of crypto conferences has become more serious, with attendees asking more intelligent questions about regulation and tax. Tiffany Fong, a popular crypto vlogger who attended her first crypto conference this year, noted that the parties and events were much tamer than in previous years. While some attendees may miss the extravagances of past events, the focus on discussing regulation and tax is a positive development for the industry.
In conclusion, while regulatory concerns continue to dominate discussions at crypto conferences, the community remains enthusiastic about the potential of digital assets. Attendees are more focused on asking intelligent questions about regulation and tax, reflecting a more serious tone at these events. The rise in the price of Bitcoin is encouraging the crypto-curious to attend conferences and ask beginner-level questions, indicating that interest in crypto remains high despite ongoing market volatility.
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