Speakers at the Bitcoin 2024 Conference in Nashville 🇺🇸
- Donald Trump
- Robert F. Kennedy Jr.
- Cathie Wood
- Michael Saylor
- Edward Snowden
- Vivek Ramaswamy
Damn that is a killer lineup.
At first I was super confused about everyone saying Edward Snowden was going to be there. When did he get pardoned? But then I looked into it and of course he's just going to be there digitally on webcam or whatnot. It's been quite the treat watching him be a part of the crypto community and actually pop into random degen accounts therein. He always leaves some zingers. Weirdest timeline.
Speaking about the weirdest timeline... how batshit is it that Trump is still going to be there after what seems like should have been a successful assassination attempt? Turns his head to look at a chart and now half of the population believes this is divine intervention. I feel like people are going to remember that he did a Bitcoin thing immediately after this oddly historical event, but maybe I'm overplaying it.
It's a bit shocking how fast crypto has become a partisan issue. Clearly it shouldn't be... as when was the last time that technology was considered a political issue? Imagine if the invention of the internet or smartphones somehow had left vs right political bias. No better way of being on the wrong side of history than trying to stand in the way of the innovation bulldozer. Good luck with that, dems. You're going to need it.
Ramaswamy and Kennedy are also very high profile politicians so it all seems like kind of a big deal. And I also have to say that I hope Cathie Wood gets some wins as well because she deserves better. Michael Saylor is a usual suspect; I suppose it would be odd if didn't attend rather than not [not attending]. Should be interesting. I'm not sure if I've ever paid attention to a Bitcoin convention so perhaps that attention is going to bleed into a much wider audience. Seems likely.
MT GOX
Remember when Germany sold all that Bitcoin and then MT GOX threatened to give a bunch of Bitcoiner's their money back? Unsurprisingly when the market tried to price in these events in failed miserably and created this weird sell the rumor buy the news event. In conjunction with everything else there's a good chance that $55k was indeed the bottom, which is honestly kind of annoying for me because I'm committed to waiting for the end of September before I do anything crazy.
After a little digging I found evidence that shows that all these MT GOX creditors aren't even selling, which shouldn't be surprising in the slightest. These are folks who know all about the 4 year cycle to the point of being rug-pulled at the tippy top of the 2013 run. Of course they'd wait until at least 2025 before selling. Duh!
Craig Wright is pwned
Oh... my... god... it's happening.
https://craigwright.net/
Craig Wright's official homepage has been set to broadcast that he's been completely annihilated in court and facing perjury charges and whatever else they decide to throw at him (like forgery and perversion of the court system). Wow, I can't say I respect the legal system in the slightest but it's weird to get a win this big during such a time.
This is a guy who attempted to single handedly patent the Bitcoin whitepaper and the underlying technology itself. He constantly sued anyone that opposed him into the absolute dirt. He won these cases even though he was very obviously lying the entire time (because the burden of proof is legally on the other party). He's twisted the legal system long enough and finally the chickens come home to roost. Love to see it. Get bent, sir.
Conclusion
Are we so back? It feels like we are so back. I'm still ready to wait this thing out until the end of Q3 but perhaps that's an overshoot. Even XRP is up 42% over the last few days. Something is brewing, but we'll have to just wait and see what comes our way.
Return from Bitcoin Current Events July 17, 2024 to edicted's Web3 Blog
