CoinFest 2015: Journey Around the World

[Editor’s note: CoinFest was founded in Vancouver, where it was last spearheaded by Andrew Wagner of the Bitcoin Co-op.]

What is CoinFest?

When CoinFest started in 2013 as a relatively small gathering of 100 or so Bitcoiners, celebrating the adoption of Bitcoin at a Waves Coffee House in Vancouver, it was conceived as a way to incentivize cryptocurrency acceptance while educating the public about its importance and use. Its popular success prompted the Bitcoiniacs (now CoinTrader) to place the world’s first Bitocin ATM there.

By 2014, CoinFest was growing in popularity, and that year it took a new direction: CoinFest spread across Canada and now internationally, exemplifying the border–defying and decentralized nature of crypto. Vancouver leads the way again by booking multiple venues simultaneously for a less centrally organized variety of exhibits, as Satoshi would have wanted.

To about how CoinFest works, go here.

Introduction

It sounds hard to believe now that it has spread to twelve cities and counting, but a lot of people used to tell me that CoinFest couldn’t work. How do we keep it free, with all of the costs involved? How do we pull it off without the use of state-backed money, simultaneously at multiple events in cities around the globe?

CoinFest 2015: Journey Around the World

CoinFest didn’t have a lot of finances, real institutional backing, or any legal recognition when it started. It had a structure rooted in the decentralization movement, designed purely to change society for the better. This attracted Bitcoiners pure of heart who gathered from various Meet Ups, hack dens, and online forums.

Eventually, executive control of CoinFest and all of its assets will be turned over to a decentralized autonomous organization, as a part of the open source movement. For now, however, it is the Bitcoin faithful who preserve its operation and values, and exploring the world of CoinFest will take you through a diverse cast of characters from many different backgrounds.

Vancouver