Many attendees of the BTC Conference in Florida have COVID-19.
Miami, Florida hosted the world’s largest cryptocurrency and bitcoin conference in the world two weeks ago. And now, new COVID-19 cases are popping up among the attendees.
COVID-19 Attacks Bitcoin Fans
Around 12,000 tickets were sold during the event. Also, people from all over the world flew to Miami to discuss the world’s biggest digital currency by market cap. The event also featured many notable speakers involved in digital assets.
However, trouble started coming up last week when many of the influencers that attended the conference wrote on Twitter. He claims that they test positive for coronavirus after the event. @CryptoWhale, an influencer, wrote the following message:
A lot of reports state that there were only a few people that wore masks during the event. Living in Florida, Miami wasn’t under a strict mask rule. It means that people were doesn’t need to cover their faces. Also, they don’t need to show proof of vaccination before participating in the event.
While some parts of the events have taken place outdoors, a lot of other parts have occurred in small cramped warehouse settings that have heavy crowds of people interacting closely with one another. A lot of hugs have been passed around, which could have caused even more exposure. Although during press time, it hasn’t been said what particular elements could have led to a lot of attendees testing positive.
The event’s impact on Bitcoin
A bitcoin influencer who attended the conference, Larry Cermak, stated that it seems that everyone knew the risks involved and just “didn’t want to miss” the event.
The coronavirus has been beneficial in a lot of ways to bitcoin that it has caused a lot of people to lose faith in main fiat currencies and turn to crypto as a hedge tool with the rising inflation. This might have contributed to the asset’s rise to around $29,000 by the end of 2020. Although from the start, Bitcoin was negatively affected like stocks and gold. When the lockdown began in March 2020, the cryptocurrency suddenly fell to $4,000 and it took around two months to recover.
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