Bitcoin 2021 Conference

Bitcoin conference 2021

The biggest event in Bitcoin’s history is now behind us. The Bitcoin 2021 Conference, held in Miami, was a historic gathering of investors, whales, maximalists and enthusiasts of the king of cryptocurrencies. Great speakers, interesting contributions. About the most important ones we briefly tell in this article.

Two days of a real feast for Bitcoin supporters

June 4-5, 2021 were the days that every true Bitcoin sympathizer had long noted in his calendar. 50,000 people could be in Miami in person, with many people from all over the world watching the event live over the internet. 

The grand meeting was officially opened by Miami Mayor Francis Suarez. He is well known for his pro-bitcoin approach. He is trying to make Florida’s leading city a global crypto powerhouse. Right after his speech, Ron Paul appeared on the stage. He is a former candidate for the office of the president, who at the inauguration of the conference showed a bold stance by suggesting that the printing of dollars does not contribute to the creation of wealth, which in his opinion should allow everyone to choose anything else as money.

Most of the audience was looking forward to the performance of the duo Michael Saylor and Max Keiser. One of the biggest investors in BTC, and alongside him, one of the most well-known bitcoin maximizers and showmen in the industry. Keiser, using his temperament to warm up the audience, began with words directed towards Elon Musk shouting “we don’t sell” on behalf of the bitcoin holders. This was directly related to the confusion that the Tesla CEO created in the Bitcoin market recently. The meeting between the two speakers was an interview of sorts, in which Saylor talked about his beginnings in the market. He also cited his reasons for investing in Bitcoin and talked about why every person should consider such an eventuality.

An important part of the first day was the speech of Jack Dorsey. The creator of Twitter and co-founder of Square emphasized that out of all crypto projects, he is only interested in Bitcoin, after which he announced that his Square plans to start working on a hardware wallet that is new to the market.

Major themes and a special declaration

The second day of the conference focused on two very relevant topics at the moment. One of them was inflation. The speakers were unanimous in seeing Bitcoin as an opportunity to protect one’s wealth from a potentially impending economic collapse. Robert Breedlove put it very precisely when he said that Bitcoin is money that solves systemic financial problems and is also the most important invention in the history of mankind. Jimmy Song, on the other hand, added that the current system is not normal and the printing of the US dollar is a way to rob all citizens.

The second hot topic of the day was renewable energy sources used in the BTC network. Steve Lee emphasized that using cheap and green energy is desirable for miners. This gives grounds, in his opinion, for Bitcoin mining to be the world’s first industry powered entirely by renewable energy.

The icing on the cake was a statement made by El Salvador’s President Nayiba Bukele, who announced that Bitcoin will become legal tender in his country alongside the US dollar. If this topic is of particular interest to you, you can read more in the article titled “El Salvador is the first country to accept Bitcoin“. Enjoy reading!

Disclaimer: Blockbulletin does not take accountability of investments based on the information of the website. We highly advice readers to make extensive research prior to any invest

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