The conferences had more than 50,000 people attend this year, showing the growth of crypto. Let’s take a look at some funny and key moments of the conference.
Probably the most viral moment to come out of the conference is when Max Keiser screamed out, “we’re not done, we’re not done, fuck Elon, fuck Elon,” on Friday night. He seemed to have been responding to Elon Musk’s recent tweets about cryptocurrencies.
Keiser also set another viral moment when he ripped up a ten-dollar bill during an interview, saying:
“Here’s a ten-dollar bill; this is garbage. Your people in South Africa, you have your rand, right? That’s going to zero. This is going to zero too; euros are going to zero, the yen is going to zero, the Chinese currency is going to zero. It’s all going to zero against bitcoin.”
He was trying to make a point that all fiat currency will soon turn to zero, but BTC will hold.
DOGE to the Moon
Another funny moment to happen is when a member of the DOGE army crashed a panel and tore off his suit to reveal a DOGE shirt. The DOGE army appears to be strong even after DOGE lost more than 33% of its value.
Crypto is a hell of a drug— Dr. Parik Patel, BA, CFA, ACCA Esq. 💸 (@ParikPatelCFA) June 5, 2021
Floyd Mayweather gets booed
Boxer Floyd Mayweather got booed by the crowd after he said another cryptocurrency would be just as big as bitcoin.
The event organizers told all attendees and speakers to leave talks about other crypto assets outside of the convention. This censorship of other cryptocurrencies seems to go against what bitcoin is all about. Another error by the event organizers is having Maywearth speak in the first place; the dude can barely read. He probably spoke about other cryptocurrencies because he couldn’t read the guidelines of the convention.
COVID is still a thing
On a serious note, it seems that the convention might have been a COVID super spreader. Multiple people have tested positive for COVID-19 after coming from the convention. More than 50,000 people attended the event, most without masks. This news has brought backlash to the convention and attendees.
Everyone who I hung out with in Miami got covid. Luckily for me I hung out about one feet above everyone— Larry Cermak (@lawmaster) June 10, 2021
BTC is now a currency of a country
It was announced that El Salvador would introduce a law for a vote that would make BTC an official currency. Since then, it has passed El Salvador’s legislation and has now become an official currency. Check out the story we did on it in last week’s issue here.
Jack Dorsey spoke at the conference and showed his support to bitcoin when he said:
“If I were not at Square or Twitter, I would be working on bitcoin. If [bitcoin] needed more help than Square or Twitter, I would leave them for bitcoin,” he said. “But, I believe both companies have a role to play.”
He has also stated that Square is considering making a hardware wallet for bitcoin. And since then, Square has announced they are now partnering with blockchain technology provider Blockstream Mining to create a solar-powered bitcoin mining facility.
Square is considering making a hardware wallet for #bitcoin. If we do it, we would build it entirely in the open, from software to hardware design, and in collaboration with the community. We want to kick off this thinking the right way: by sharing some of our guiding principles.— jack (@jack) June 4, 2021
Another highlight from Jack Dorsey’s discussion is when controversial figure Laura Loomer heckled him about his censorship of people through Twitter.
Many conventions tend to cringe, and the bitcoin convention was no different. But that’s ok because we get videos like this one: