Some may have been doubted whether a pair of Raleigh entrepreneurs could pull off a national-in-scope bitcoin event, but this morning’s announcement that Edmund Moy, former director of the U.S. Mint and a vocal supporter of the currency globally, will headline the August 15-16 conference should put to rest any skepticism.
The Triangle is about to get some pretty major national and global attention.
Moy is one of the highest profile economic leaders to express support and hope for the currency, and this will be his first public speaking engagement on the topic. In a December 2013 blog post published on Money News, he wrote that digital currency promises a cheaper, more secure and efficient way to transact money. That means no more currency wars, exchange rate challenges and arbitrage.
“There could be less friction and more transparency for every transaction,” he wrote.
Then in May, in a Twitter response to Credit Suisse’s $2.6 billion settlement after it admitted to helping clients evade taxes, he suggested cryptocurrencies as competition to banks, and an answer to the financial system’s fraudulence. He followed up the tweet with a May 23rd blog post, The Currency Revolution, Courtesy of Bitcoin, which was shared and discussed across the web.
“Bitcoin, and the ideas behind it, will be a disrupter to the traditional notions of currency. In the end, currency will be better for it,” he wrote.
In today’s news release, Cryptolina co-founder Faruk Okcetin calls news of Moy’s talk “a game-changer” for the conference.
Also adding hype? Major brand-name companies like Dish Network, Reeds Jewelers and Expedia.com now accepting Bitcoin for payment and Bitcoin processor BitPay’s title sponsorship of the Dec. 26 college football “Bitcoin St. Petersburg Bowl.”
Moy’s financial knowledge and political connections (which could be helpful amid cryptocurrency regulatory questions) are deep. He spent 2006 to 2011 at the helm of the national manufacturer of coins, resigning early in 2011. Prior to that, he worked as a special assistant to President George W. Bush for presidential personnel—he helped to make presidential appointments. Since 2013, he’s worked as a chief strategist for Morgan Gold, a company that converts traditional and Roth IRA accounts into Gold IRAs.
Landing Moy was pretty simple, says Cryptolina co-founder Dan Spuller. The founders reached out to him directly, and he said yes.
The founders have spent the weeks since announcing the conference landing both high-profile and knowledgeable speakers. For the full line-up and continued updates on the event, check out the Cryptolina website.