, Columnist
Cryptocurrency Struggles to Scale Wall Street’s Pinnacle
Digital usurpers find it tough going at the Milken conference.
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The barbarians, it seems, are still pretty hostile when it comes to Bitcoin and its brethren, with some good reason.
At the Milken Institute Global Conference in Beverly Hills, California, this week, the outlook on pretty much everything — from the stock market to the future of humankind — was rosy. One reporter noted that if Michael Milken, the former banker who once provided the debt for the biggest takeovers of the late 1980s, had painted rainbows on the walls of the Hilton, where the conference has long been held, they would have fit right in.