Highlights from the 2022 Miami Bitcoin Conference

Bitcoin

35,000 attendees, 450 speakers, over 3,000 companies and over 100 artists. The Bitcoin 2022 conference in Miami is underway. Let’s check out the highlights so far.

A bullish beginning and a bullish continuation

When talking about the Bitcoin 2022 conference in Miami, the moment of its opening cannot be overlooked. On this occasion, the city’s Mayor Francis Suarez unveiled a statue of a bull to symbolize Miami’s attitude towards Bitcoin. The artwork is specific, referring to the Wall Street bull, but resembling a robot with distinctive laser eyes. It is meant to highlight Miami’s character as the center of the global crypto market.

Strike’s partnership with Shopify, NCR and more 

It was not less bullish later on. One of the highlights became the speech of Strike CEO Jack Mallers. He announced a partnership with payment leaders such as Shopify, NCR and Blackhawk Network. The goal is one – to enable payments via Bitcoin to as many people as possible within the United States. Although those gathered were expecting a completely different announcement (Lightning Network’s integration with Apple Pay), this one was also received very positively.

More regions to adopt Bitcoin as legal tender

The real hot news, in turn, was prepared by Samson Mow. The CEO of Pixelmatic, who is at the same time a person who strongly supports the adoption of cryptocurrencies in individual countries, announced that geographical regions such as Prospera in Honduras or Madeira in Portugal have decided to adopt Bitcoin as legal tender. Mexico may join the ranks in the near future, whose president is said to be in contact with Mow to take similar steps. While on the subject of Mexico, it is also worth noting the presence of one of the local millionaires – Ricardo Salinas. He was very critical of fiat currencies and noted that nearly 60% of his portfolio is Bitcoin.

And more…

Another important moment was a joint lecture by Cathie Wood and Michael Saylor. Saylor’s words were particularly noteworthy here, pointing to President Joe Biden’s executive order, which he believes gives the green light to Bitcoin. He also emphasized that regulation is something not to be feared and that he is ready for it.

An interesting news was shared by the big market players. Tesla, Block and Blockstream are working hand in hand in Texas on a system to mine Bitcoin using solar energy.

CashApp, on the other hand, has decided to support micropayments in BTC and allow crypto investment opportunities for its users. Staying among the applications, it is worth mentioning Robinhood, which announced that due to the high fees in the Bitcoin network, it decided to integrate with the Lightning Network. Its representatives noted that from now on they allow transfers no longer only in dollars but also in cents, and also committed to reduce the carbon footprint of its operations. 

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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