Coming every Saturday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more — a week on Cointelegraph in one link.
Top Stories This Week
Sun, sea and satoshis were on the agenda as the biggest Bitcoin event in history kicked off in Florida.
Organizers were expecting a huge turnout for the sold-out event, with some predicting there would be more than 50,000 attendees.
Day one saw MicroStrategy CEO Michael Saylor reveal more about his experience in the crypto space so far. He said: “I realized that I first bought Bitcoin one year ago yesterday, and so this is the end of my rookie year.”
Twitter and Square CEO Jack Dorsey also declared that “Bitcoin changes absolutely everything.” He told the conference: “We don’t need the financial institutions that we have today” — and for money to be created for the world, it has to be developed internationally.
One particularly eye-opening on-stage discussion came from Brian Brooks, a former regulator turned CEO of Binance.US. He said: “If you’ve never worked in a big bank, you have no idea how bad the problem is.”
For many, Bitcoin 2021 in Miami is the first physical event for many since the coronavirus pandemic began, enabling celebrities, cryptographers and CEOs to rub shoulders. Alas, you can’t please all the people, all the time.
Quantum Economics founder Mati Greenspan had tweeted an innocuous comment about how Bitcoin 2021 was set to be the “Biggest crypto conference ever!”
But he was quickly set straight by the likes of Bitcoin Magazine editor Pete Rizzo, who said: “It’s a Bitcoin conference, about Bitcoin. Bitcoin is the subject and hence why it’s used as an adjective.”
To be fair, organizers were crystal clear that it is a…