Bitcoin and cryptocurrency prices got off to an ominous start until 2022 After plunging from the highest ever last year.
Bitcoin prices seemed ready to exceed $ 50,000 per bitcoin for the first time since December this month Like investors cheering for a wave of good newsHowever, its price is falling towards $ 45,000. Ethereum also had a hard time —Even when traders are preparing for a major upgrade—BNB, XRP, Cardano, Solana, etc. are also on the decline.Payment token Luna Against the trend..
Now, the crypto market could be confused as the Bitcoin community descends for the Bitcoin 2022 conference in Miami this week and one prominent developer teases a “big surprise”.
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The President of El Salvador revealed the country at the Bitcoin 2021 conference in Miami. .. .. [+]
“If they just know the magnitude of what’s going to happen,” said Blockstream, the former chief strategy officer of Bitcoin infrastructure company, who left the company last month to focus on “nation-state Bitcoin adoption.” One Samson Mow posted twitter In response to the warning in El Salvador’s “Bitcoin gambling is collapsing” article.
Mow will surpass each other for a big surprise at the Bitcoin 2022 meeting starting Wednesday, with El Salvador president Nayib Bukele, El Salvador Bitcoin payment partner Strike CEO Jack Mallers, and Bitcoin writer Allen Farrington. I’m trying. ” It will run until Saturday.
El Salvador postponed the controversial $ 1 billion Bitcoin-backed bond last week with Bitcoin billionaire Michael Saylor. Warn the market that Bitcoin bonds are “not ready”..
Bukere will also speak at next week’s conference, attracting prominent headliners such as PayPal co-founder and technology investor Peter Thiel and psychologist Jordan Peterson. Last year, Peterson began to show an interest in Bitcoin, interview Bitcoin standard Author Cipher Dean Amas.
NFL’s Odell Beckham Jr. has become a candid ambassador for cryptocurrencies after being talked about receiving salaries in Bitcoin. There is also North Korean defector and human rights activist Yeonmi Park. Busy At the Bitcoin conference in Miami.
Last year, the Bitcoin Conference in Miami was welcomed as the world’s largest Bitcoin event, where a huge Bitcoin price explosion fueled unprecedented interest in cryptocurrencies just months ago.
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Bitcoin prices have skyrocketed in recent years, pushing Bitcoin’s market capitalization to about $ 1. .. .. [+]
Bitcoin prices hit record highs in late 2020, jumping to a high of $ 60,000 shortly after Buquere announced a bill to make Bitcoin legal tender in El Salvador, and Jack Dorsey was then Twitter’s chief executive officer. “I would have been working on Bitcoin if I hadn’t been on Square or Twitter,” he told the conference attendees. Only a few months later, Dorsey quit Twitter and since then turned Square into a Bitcoin-focused company and renamed it Block.
Earlier this year, Mow Nominate Mexico as “on list” for countries that can drive El Salvador into Bitcoin.. “I’m working with people from many countries and it’s still too early to say for sure, but somehow Bitcoin’s adoption will be unavoidable,” Mow said at the time.
In January, Wall Street giant Fidelity predicts other countries, and this year even the central bank could drive El Salvador into Bitcoin.Those who buy Bitcoin when the price is cheap say, “It’s better to be competitive than your peers.”
“A very high stakes game theory is used here. With more Bitcoin adoption, countries that have Bitcoin today will be more competitive than their peers,” said Fidelity Analyst. Chris Skyper and Jack Neurouter wrote. Note“It wouldn’t be surprising to see other sovereign states buy Bitcoin in 2022, and perhaps the central bank.”
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