Love it or hate it, bitcoins are a national crazeSubmitted by zzbob on Thu, 12/12/2013 - 06:49
It's fitting the future of Bitcoins is being debated in the gambling capital of the world.
In the sterile setting of a hotel-casino ballroom here, hundreds of people — almost all men — copiously took notes Tuesday on the intricacies of Bitcoin mining and investments in the controversial currency. They cheered the simplicity of Bitcoin while jeering banks and credit-card issuers.
The conference — Inside Bitcoins: The Future of Virtual Currency — "is the Woodstock of Bitcoin," says Robert Brewster, CEO of Whidbey Wasabi, a farmer of wasabi outside of Seattle. "I was skeptical until a skateboarding friend of mine put his last $10,000 on Bitcoin and made $90,000. It changed his life."