CoinDesk’s Consensus 2018 Conference started on May 14

A three-day conference beginning today, on May 14: R. Sluymer, B. Barhydt, V. Buterin, OmG, P. Szilágyi express their points of view about the event
14 May 2018   1203

The conference is devoted to blockchain technology, which is claimed to be at the very basement of the next-generation technological revolution. This activity is suggested to boost projects’ development and jobs creation possibilities in the blockchain sphere.

The euphoria around the matter reveals that despite the crypto-market valuations have halved since the start of 2018, it has not kept the confidence of industry players and giants. Although, Robert Sluymer supposes that the Consensus can assist to decrease the regulatory pressure and also could provide the next successful step in the development of crypto industry.

Bull-bear scenario developing where folks are arguing it’s getting lower. Our view is this is a much bigger bottom that has developed. If that’s the case, this pullback will be relatively shallow. It’s already pulling back from the 200-day. It’s sitting just above the 50-day moving average. So, between the $8,800 and $8,200 – and I know it’s a big range – but that’s where we will see support and we think Bitcoin continues higher from here.
Robert Sluymer,
Managing Director and Head of Technical Research, Fundstrat Global Advisors

So, he is sure that Bitcoin and other cryptocurrencies are at present in the recovery phase and the Consensus will become a big catalyst for the next bull-run. This idea is also supported by Bill Barhydt:

Clearly there’s a lot of money to be made in the enterprise IT world, and blockchain seems to be the flavor of the month. This represents an opportunity for companies that are trying to jump on that bandwagon to take advantage of that confluence of factors at the same time. Obviously, there’s a lot of money moving around in terms of sponsorships. We’re getting requests every day to sponsor.
Bill Barhydt,
CEO, mobile-based cryptocurrency storage app ‘Abra'

As for Ethereum Co-Founder Vitalik Buterin, he is boycotting the Consensus conference and also strongly encourages others to do the same. Vitalik explained his decision in his Twitter. He claimed the following: Coindesk is taking part in enabling giveaway scams (then Buterin refers their latest article on OMG, which *directly links* to a giveaway scam).

OmiseGo has also supported Buterin by announcing that they will not be present at the conference.

Ethereum developer Peter Szilagyi has also reported that CoinDesk had not included his feedback, which the publication had needed on the issue of EIP 999.

Peter Szilagyi in his Twitter
Peter Szilagyi in his Twitter

Vitalik Buterin in his Twitter
Vitalik Buterin in his Twitter

Buterin has also charged CoinDesk of overcharging the conference participants:  “The conference costs $2-$3k to attend. I refuse to personally contribute to that rent-seeking.” Amber Baldet, the former head of blockchain at J.P. Morgan agrees with him on the problem of high-cost events stating that the irony of high-priced conferences is they’re the ones least likely to be paying speakers within the community, who care the most & need the platform to share new work.

Facebook to Launch GlobalCoin in 2020, BCC Says

Facebook consults with representatives of the US Treasury Department and Bank of England  about regulating the initiative named Libra
24 May 2019   43

Operator of the world's largest social network Facebook Inc. will launch a new payment network based on its own cryptocurrency in the “dozen countries” in the first quarter of 2020, the BBC reports.

The publication claims that Facebook consults with representatives of the US Treasury Department and Bank of England Governor Mark Carney about regulating the initiative, code-named Libra.

At the same time, the Financial Times reported that Facebook is already in talks about listing GlobalCoin on the American exchanges Gemini and Coinbase. 

Sources of the publication said that Facebook is discussing with the trading firms Jump and DRW the prospects of market-making and liquidity.

Previously, the media claimed that the company is also in talks to support the initiative with Western Union, Visa and Mastercard.

Testing the network is supposedly scheduled for the third quarter of this year.

On May 2, Facebook registered Libra Networks in Geneva, Switzerland. Its profile involves the development of infrastructure and software, in particular, related to investment activities, payment transactions, financing, identity management, data analysis, Big Data, blockchain and other technologies.