Summary
TLDR: BitDevs in New York focused on Bitcoin in contrast to the distraction of other cryptocurrencies like Ethereum, Ripple, and Cardano which were receiving more attention and money from VCs for events during 2016-2018.
Key Points
1. BitDevs is considered the bedrock of Bitcoin in New York, maintaining focus on Bitcoin during a time when other cryptocurrencies like Ethereum were receiving significant attention and investment.
2. Various events and meetups hosted by companies like Consensys, as well as VCs throwing money around for events related to Ethereum, Ripple, Cardano, etc., contributed to distractions from Bitcoin.
3. Despite the lack of flashy events and investment in Bitcoin during this time, BitDevs played a crucial role in keeping the community focused on the original cryptocurrency.