Miami BTC Conference is the major crypto event since COVID started trending. About 12,000 attendees filled with presentations, panelists, personalities, and parties brought a festive feel to the 2-day conference.
The event saw celebrity BTC fans both in and out of the crypto community. They include;
- Winklevoss twins
- Jack Dorsey
- Paris Hilton
- Tim Draper, Kevin O’Leary
- Michael Saylor
- Floy Mayweather
Common themes were:
- Environmental concerns
- Inflation
- Banking System
- Wealth creation
Here are key takeaways from Miami 2021 BTC Conference.
Miami to be a Crypto Hub
During the conference, Miami’s Mayor said he envisioned the city being a BTC capital. Remember the event was to take place in Los Angeles, shifted to Miami because of COVID restrictions. Here is what Mayor Francis Suarez proposed:
- Municipal workers to receive BTC payments
- Accepting BTC payments on city tax
- Investing in BTC using some of the town’s capital
Suarez stated that his engaging leaders from crypto-friendly US states draw some lessons from the conference. So far, his efforts seem to pay off. Over the week, Blockchain.com declared plans to transfer the platform’s headquarters to Miami. Also, brokerage firm eToro plans to establish its presence in the city.
Square Could Launch a Cryptocurrency Wallet
Jack Dorsey, Twitter CEO, stressed the benefits of crypto, saying that more people in the globe could access financial services with digital coins. He further stated that his Square App is planning to launch a crypto wallet. Keep in mind that the CEO has been a crypto fun for quite some time. He declared that he could leave Twitter or Square to work with BTC.
Tesla’s CEO Broken Heart
Miami BTC conference could not end without mentioning Elon Musk. The CEO has sent crypto prices fluctuating through his tweets. Although the Tesla executive was not at the conference, attendees felt his presence. Before the BTC Miami, Musk tweeted, tagging Bitcoin a heartbroken emoji. Some guests believed that the tweet marked the end of the CEO’s comments about the leading cryptocurrency.
From the BTC Miami, you will accept that crypto is still looking to go mainstream. That is after most of the attendees supported Bitcoin.
However, remember volatility when investing in Bitcoin.
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