Moscow Bitcoin Conference to Discusses, Debates the Future of the Digital Currency

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Moscow Bitcoin Conference to Discusses, Debates the Future of the Digital Currency
Moscow Bitcoin Conference to Discusses, Debates the Future of the Digital Currency

Moscow Bitcoin Conference to Discusses, Debates the Future of the Digital Currency

In the Moscow Bitcoin Conference held on 23rd April, stalwarts and speakers discussed and debated the potential and future of the digital currency. According to the communication from the organizers of the event, Bitcoin experts from the first ever Moscow Bitcoin Conference expressed their confidence in the digital currency industry.

Almost all the participants and speakers viewed that as Bitcoin gains more momentum each day, more individuals and firms are figuring out new ways to expand their finances and it is just the beginning of the innovative financial solution. The event which is a unique event in itself aimed at informing conference attendees of currency Bitcoin, latest trends in the world financial market.

A major thrust of the event was to discuss about the prospects and challenges of doing business with Bitcoin in Russia, technical issues and future of Bitcoin, as part of the global currency system. The one-day conference discussed about the digital currency and its scope in Russia – is there any chance?

Bitcoin is emerging as a Global Phenomenon across The World

Some other issues too were discussed and debated at the conference that included legal aspects of Bitcoin existence and usage, Bitcoin operation, safety and security in Bitcoin transactions and its utility in business. A forum of developers and programmers too was thrown open for free discussion.

The one-day event focused on interactive sessions for Developers, Entrepreneurs, Financial Experts, Investors, private equity funds and venture capitals, business angels, Banks and financial institutions, etc. It also saw a large number of representatives of small and medium businesses and credit companies flocking in.

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An event that provided ample information about Bitcoin to Financial advisers, Representatives of payment systems, Lawyers, Security solution providers, and Startups, it gave new perspective to all the participants. Now, they have a broader understanding about the concept of digital currency and its implications for the future of financial transactions and monetary system.

Bitcoin which is emerging as a global phenomenon and gaining popularity across the world, despite hostile attitudes toward the crypto-currency from state authorities, is expected to get acceptance from Russian government. It may auger well for the digital currency and the overall Russian economy.

ForexMinute had earlier reported that the government may consider Bitcoin to tackle the decision by MasterCard and Visa to stop processing of certain transactions after economic sanctions from the US and other European countries.

To contact the reporter of this story: Deepak Tiwari at deepak@forexminute.com