July 1, 2022

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Bitcoin 2022 Attendees Inform FOX Enterprise Why They’re Attending: “Democratizing Cash As We Know It”

FIRST ON FOX: The 2022 Bitcoin Convention drew some 25,000 attendees, a few of whom informed FOX Enterprise why they traveled to Miami Seashore to speak about cryptocurrency.

The convention attracted all walks of life. Though principally younger males, there have been many middle-aged and older attendees and plenty of extra feminine attendees this 12 months in comparison with final 12 months’s convention. Many work within the fintech sector whereas others work for extra conventional monetary firms, nonprofits, and even for themselves.

The themes of this 12 months’s convention have been much like these of final 12 months: an agreed want for a decentralized common foreign money; the significance of diversifying one’s funding portfolio; and a willingness to make use of bitcoin and cryptocurrency basically as a connector in an more and more divided world – even when discussing bitcoin typically turns into political.

Entrance to the Bitcoin Convention 2022. (Audrey Conklin/FOX Enterprise/Fox Information)

Many attendees informed FOX Enterprise that they got here to the convention to be taught extra about bitcoin as new traders and even skeptics of the cryptocurrency world. Others have been business specialists or early traders who have been there to teach others about bitcoin.

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One participant mentioned bitcoin goals to “democratize cash as we all know it” and “take energy away from central banks,” particularly in nations with authoritarian rulers and hovering inflation.

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Jordan Peterson addresses a crowd on the Bitcoin 2022 convention. (Audrey Conklin/FOX Enterprise/Fox Information)

With no set costume code, attendees wore a mixture of enterprise and informal apparel, in addition to costumes, a few of which included masks. Graphic t-shirts have been a well-liked theme, displaying the names of cryptocurrency and fintech firms or teams, with slogans resembling “Get wealthy or die mining”, “Weapons and Bitcoin” and ” Saving communities one bitcoin at a time.”

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The occasion was held on the Miami Seashore Conference Middle, the place attendees have been greeted by the “Bitcoin Bull,” a friendlier model of Wall Road’s bull, on the entrance; a large makeshift volcano; Skee-Ball equipment; a mechanical bull; bitcoin-themed art work; QR codes promising free bitcoins and extra.

Bitcoin Bull on the entrance to the Bitcoin 2022 convention. (Audrey Conklin/FOX Enterprise/Fox Information)

Audio system included Peter Thiel, co-founder of PayPal and early Fb investor; NFL gamers Aaron Rodgers and Odell Beckham Jr.; tennis celebrity Serena Williams; Jordan Peterson, former professor and scientific psychologist on the College of Toronto; Senator Cynthia Lummis, R-Wyo. ; journalist Glenn Greenwald; former presidential candidate Andrew Yang; and plenty of extra.

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Telegram, a messaging app that permits end-to-end encryption, was one other large matter on the occasion. Many contributors exchanged contact particulars by way of Telegram quite than Twitter, Fb, Instagram or different extra frequent social apps.

Miami has lately been dubbed the “crypto capital” of america and even the world as scrappy however profitable traders and tech entrepreneurs flock to the coastal metropolis to develop their concepts.