Twitter Rumblings: Nearly One Month Post Bitcoin 2024 in Nashville

Bitcoin 2024: all signal

“Nothing great in the world was accomplished without passion.”
― Georg Wilhelm Friedrich Hegel

The Bitcoin 2024 Conference in Nashville was a significant event that highlighted the growing intersection between Bitcoin and mainstream finance and politics. Key moments included a speech by former President Donald Trump, who expressed strong support for Bitcoin and made bold promises related to freeing Ross Ulbricht and incorporating Bitcoin into U.S. financial strategy. The event also featured discussions from high-profile figures such as Michael Saylor, who emphasized 2024 as the year of mainstream institutional adoption of Bitcoin, and Anthony Scaramucci, who predicted that Bitcoin could rival gold in the near future.

Other notable events included the premiere of the film “God Bless Bitcoin,” which connected Bitcoin’s principles with religious and ethical themes, and discussions on the role of Bitcoin in preserving democracy, led by figures like Vivek Ramaswamy and Senator Marsha Blackburn. Despite the heavy focus on political and economic issues, the overall mood of the conference was positive, reflecting optimism within the Bitcoin community

Bitcoin in Politics

Trump’s speech came with massive expectations but ultimately the Bitcoin community with mixed reviews. Ultimately, a former President and front-running Presidential candidate speaking at the premier Bitcoin conference is seen as nothing less than symbolic of how far the crypto currency has come.
Sen. Lummis perhaps provided the most actionable and serious political endorsement in the form of her Bitcoin Reserve Legislation which came shortly after the conclusion of the conference. Dubbed by her as “our Louisiana Purchase Moment.”
In the wake of the conference, the momentum was not only carried out by Republicans but by the Democrats own Rep. Ro Khanna who led a crypto roundtable on July 10 and has compared being against Bitcoin to being against cell phones. Many are seeing Rep. Khanna as the party’s common sense leader on Bitcoin and crypto and is leading the charge in rehabilitating Vice President Harris’s relationship with the industry.

Financial Markets

Public Bitcoin miner Marathon Digital Holdings announces oversubscription of their $250M offering of convertible senior notes to buy Bitcoin, spreading the MicroStrategyization of Wall Street.
Stephen Cohen’s Point72 Asset Management files 13F showing over $22M ownership of Bitcoin miner Terawulf.
Cantor FItzgerald’s Howard Lutnick announces $2B financing arm for Bitcoin.

Bitcoin Utility

Human Rights Foundation’s Alex Gladstein provided the presentation for the ages covering the utility of Bitcoin from women having control over their finance in remote regions of Africa to the development of energy infrastructure in the developing world.

City and State Bitcoin Adoption

Russia legalizes Bitcoin and crypto mining

The City of Santa Monica, California open its very own Bitcoin Office dedicated to education its community on the transformative potential of Bitcoin.
JAN3’s Samson Mow announces with Mexican Senator 3 steps to accelerate Mexico’s adoption of Bitcoin.

Bitcoin x Real Estate

Leon Wankum launches newsletter covering Real Estate Refinancing when buying Bitcoin. Sign up here by clicking the link: The Bitcoin Newsletter | Leon Wankum | Substack
Peter Thiel on the Joe Rogan Experience opines about the challenges of leaving California for more business-friendly cities globally.

Join The Discussion

Compare listings

Compare