Here’s a place to meet young (ish) crypto millionaires in New York


Young cryptocurrency millionaires – and those who want to learn more about their hot assets – enjoy a week’s worth of drinks in the Big Apple, exchanging business cards and enjoying their collective fortunes before the second Internet gold rush.

Dozens of 20- and 30-something techies wore a day-long hike in Portland at Monday’s most recent gathering in the upper room of a pub in Midtown – mingling with each other and women chewing pints of Guinness and chewing burgers and fries.

The event is called “CryptoMondays,” Big Apple’s biggest tech-style “meetup” dedicated to digital currency – but the chat on November 15 is not about Dogecoin or DeFi, but Mayor-elect Eric Adams.

New York is far from the most crypto-friendly state in the Union, thanks to the constraint of the Department of Financial ServicesBitLicense, “Anyone involved in the virtual-currency transaction should get, the participant holds. The license limits new coin offerings and some form of crypto-backed debt that falls under the” Decentralized Finance “or” DeFi “umbrella.

Lou Kerner, 60, is the organizer of “CryptoMondace” Meetups.
Stefano Giovannini for NY Post

But he said the new mayor – promising to focus the city on a thriving new venture – could boost the local scene, but use his big-city bully pulpit to wave Albany to loosen crypto regs.

“I think Eric Adams realizes that New York is very slow in terms of crypto adoption,” Nelson Murchan, 27, who runs a crypto-industry marketing firm, told The Post. “I think it’s a very smart move … I think it’s a move to compete with Miami.”

The mayor of Miami, Francis Suarez, has introduced an urban cryptocurrency that pays the yields to Miami residents, eliminating the need for residents to pay taxes.

Adams has argued that cryptocurrency should be taught in schools, considering the duplication of municipal cryptocurrency in Miami, and that he would make his first three payments “in Bitcoin.”

Crypto Mondays come together at Sean's Irish Bar 42 W48th Street (Cryptocurrency Group Social Meeting)
At the November 15 meeting, the chatter was about Mayor-elect Eric Adams.
Stefano Giovannini for NY Post

Since the city can only process payroll in US dollars, the Adams representative has made it clear that the mayor plans to take his pay after tax and buy bitcoin. His most recent financial disclosure lists no crypto holdings.

Sean Koh, recording artist and co-founder of his family office affiliate, Coherent, said the “crypto hub” is planning a winter in Miami – but he’s open to a more crypto-friendly New York.

“Everything is always about execution,” he said. “It really comes down to how blockchain can help the city.” They are referring to the building block of cryptocurrency: a decentralized “chain” of verified transactions that allow digital, central bank-free currency.

Architect Alexandros Washburn, 59, chief city designer under Michael LOVEBYLIFE’s mayoralty, says he owns Bitcoin and Ethereum – two large cryptocurrencies.

Their new firm markets and sells digital “buildings” as “NFTs” or non-fungible tokens. You can start building metavers based on that [the blockchain]. And we’re here to help you do that, ”he said.

Alex Atallah, 29, co-founder and chief technology officer of OpenSea, a $ 1.5 billion NFT market, said he was “hoping for improvement” on New York State’s strict cryptocurrency rules, which “make things really difficult for companies building in New York.”

Alexandros Washburn and Nicholas Casab - Crypto Mondays Come Together
Alexandros Washburn and Nicholas Kassab in “Cryptomondase” Get-Together.
Stefano Giovannini for NY Post

A spokesperson for the state’s DFS told The Post: “BitLice’s requirements serve the purpose of protecting consumers, including security and entity integrity, market integrity and preventing money laundering and other crimes. […] The state welcomes and encourages virtual currency companies to launch and enter the New York market

Despite the age of many attendees, the NYC branch ringleader is 60-year-old Lou Kerner – partner of crypto fund blockchain coinvestors. Their firm has just launched a crypto-focused SPAC, which means it is looking to merge with the publicly traded shell company One Pot Cash Crypto Business.

Kerner bounced around the room introducing strangers rather than with the crowd – most of them came of age in the glow of a computer monitor.

Former Wall Street analyst and dot-com boom executives say their go-to slur – “boomer” – before they begin their crypto conversion experience story.

“I saw Crypto Lite on June 29, 2019. And I’ve been a 24/7 crypto ever since,” he said.

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