Tech Thursday: Cryptocurrency conference kicks off in Aspen

Posted at 8:04 AM, Sep 21, 2017
and last updated 2017-09-21 10:04:58-04

ASPEN, Colo. – Leaders in finance, business, tech and other industries are converging on Aspen this week for a conference focused on the growing influence of cryptocurrency.

The Nexus Conference kicks off Thursday at Aspen Meadows Resort.

While you might not be familiar with the term “cryptocurrency,” you might have heard of its most famous form, Bitcoin. Cryptocurrencies are digital, decentralized forms of currency that allow people to exchange money online without dealing with a bank.

One such currency is Nexus, which lends its name to the conference. Nexus creator Colin Cantrell said he wants to bring various industries together to talk about cryptocurrency and how it can change the way we do business.

Cryptocurrency “can really revolutionize the world in a lot of ways,” Cantrell said. “It’s the future.”

Unlike traditional currencies that go through banks and are based on physical money, cryptocurrencies open up a range of different possibilities, both in personal transactions and in business. For example, you could make a purchase or transfer money to someone in another country without having to deal with exchange rates. Cryptocurrencies are also more secure, since the currencies are encrypted and can’t be counterfeited.

“It’s a far more efficient way than the current banking system,” Cantrell said.

Speakers at the Nexus Conference include former politician Ron Paul, former wrestler and Governor Jesse Ventura and former judge Andrew Napolitano.

Cantrell said you don’t have to be in finance or tech to attend the conference and get something out of it. It’s all about learning and discovering the possibilities of cryptocurrency.

“Connect to an industry of the future,” Cantrell said. “The world kind of needs some more unity and that’s something we’re really working and striving toward.”

The conference runs through Saturday, Sept. 23.

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