Bitcoin Conference 2022 Miami

Satoshi Nakamoto introduced Bitcoin in 2007 and now the world celebrates the digital asset at the annual biggest crypto event in the world which is happening this year in Miami between the 6th and 9th of April.

The crypto world has come a long way and we have seen countries adopting Bitcoin as legal tender, NFTs being sold for $69 million and countries launching their own CDBC.

The conference will be a networking event but also a chance for companies to make announcements and dictate the future of digital currency and Web 3.0

On display at the Miami Beach Convention Center it’s been revealed the lasered eye bull, an analogy to the Crypto market along with a Bitcoin volcano seen as “a nod to El Salvador” plans to build the Bitcoin City at the base of a volcano.

The conference structure will be as follows: Industry Day (day 1), Main conference (day 2 and 3) and Sound Money Fest (Day 4)

Amongst the confirmed speakers that will attend the event will be Michael Saylor (CEO of Micro Strategy), Saifedean Ammons (author of the Bitcoin Standard and the Fiat Standard) and Jack Mallers (CEO and founder of Strike).

El Salvador President Nayib Bukele has called off his conference appearance citing “unforeseen circumstances”. After last year’s announcement of making Bitcoin legal tender, everyone was expecting an update and bigger news since he has made progress with the Bitcoin City previously introduced by announcing the sale of $1 billion in bitcoin bonds which would be used the build it.

Michael Saylor has made a further purchase of 4.167 Bitcoins ahead of the conference, announcing a total of 129.218 Bitcoins held by MicroStrategy. The CEO started purchasing Bitcoin on the balance sheet in 2020 as a strategy to add value to the company and the shareholders.

Bitcoin’s price has seen a deep since the Conference started, however, it is believed that it will see a boom throughout the next few days as big announcements are yet to be made.

Indira Kempis, senator of Mexico has just announced plans to make Bitcoin legal tender in Mexico: ‘’ in two months we propose legislation to modify regulations in fintech an in-money title law”. Since 67 million people are not included in the financial system in Mexico, Bitcoin could be the answer to financial inclusion and would also stop the dependency on the US dollar: ‘’By adopting cryptocurrency as legal tender, Mexico would have a currency that isn’t influenced by market conditions within their own economy, nor directly from just one other country’s economy”

A further announcement has been made on Bitcoin becoming legal tender in Prospera, Honduras and Madeira, Portugal. 

The global adoption of Bitcoin is only a reflection that institutions and nations have understood the real case uses of the digital asset; not only it can solve the unbanked population problem but also political instability and hyperinflation.

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