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Show Sat/Sun/Mon/Tues, July 7-10, 2018 The Park Record A-17 Continued from A-16 Digital Currency Con July 13, at the Park City Marriott. The conference will continue on July 14 at the Marriott with presentations, panel discussions and keynote speeches. Founders of cryptocurrencies are set to present, such as Jared Tate, founder and creator of the digital currency Digibyte, and Reginald Ringgold, founding member of the Blockchain Exchange Commission. He said that people with varying levels of experience with cryptocurrencies are invited to attend. Those starting out in the digital currency world will learn about the fundamentals, investing and how to find a job in the industry. Those who are hoping to increase their knowledge, or have a cryptocurrency of their own, will be able to network and learn from some of the top leaders in the industry, Gerritsen said. “If you are new into it, you will drink from a fire hose of knowledge and information,” he said. “If somebody is already in the space, they can increase their network and build relationships.” Gerritsen said that many people have been skeptical of cryptocurrencies because the value of the currency is not determined by the traditional stock market. But, he said, more people are buying real estate and cars with them every day, and he does not see the trend toward digital currencies going anywhere. Continued from A-15 Tariffs cause concern C M Y CM MY CY CMY COURTESY OF STEVE GERRITSEN Steve Gerritsen, an entrepreneur who lives in the Salt Lake Valley, K created and organized the Digital Currency Con, which is set to take place in Park City on July 13 and 14. This is the first year of the event. He said that there is expected to be a mix of attendees from around the country, and some outside the U.S. There are 500 open seats for the event. Bill Malone, president and CEO of the Park City Chamber/Bureau, said that he is anxious to see how the event turns out and what activities the attendees will participate in around Park City. He said conferences like this one help fill hotels and fuel Park City’s tourism economy throughout the year. Gerritsen hopes to bring the conference back to Park City next year and have the conference be an annual event. Those interested in attending can purchase tickets at digitalcurrencycon.com. sorb 5 percent of the cost increase due to the tariff. Wasatch Brewery uses aluminum in about 60 percent of its beer. Even though the cost to produce beer in cans will go up, he is not interested in switching to use more glass. Schirf said that aluminum cans are often better for the environment because they are easier to recycle than glass. Plus, Phillips added, cans weigh less, stack easier and are less fragile to transport. Businesses such as Wasatch Brewery and Park City Brewery are not interested in reverting to glass to avoid the increased cost of aluminum. They instead plan to wait and hope that the tariffs are either removed or reduced. Schirf is hopeful that will happen soon. If not, he said, “It will be bad all the way around.” Subscribe today! 16th annual y l u J f o 4 SALE th 10 to 70% OFF July 3th–23rd Chairs, Sofas, Tables, Cabinets, Rugs, Art, Linens, Accessories Open Monday-Saturday (Except Consigned Items) Closed Sundays | All sales are final 10am–5pm 364 Main Street Park City, Utah 84098 www.eleganteinteriors.com FR EE $50 Egyptian Theatre Gift Card Offer for new, in-county, print, two-year subscribers. Available while supplies last! While supplies last! Sign up for a new two-year, in Summit County, print subscription and receive a $50 Egyptian Theatre gift card! Please call The Park Record at 435-649-9014 and ask for our circulation department for more details. |