Bitcoin and cryptocurrency prices have made an unfortunate start until 2022 after plunging from their all-time highs last year.
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Bitcoin prices seemed to be ready to exceed $ 50,000 per bitcoin for the first time since December this month, as investors cheered on the wave of good news, but prices have returned to $ 45,000. Ethereum is also struggling with traders preparing for a major upgrade, but BNB, XRP, Cardano, Solana and others are also on the decline. Luna, the payment token, went against this 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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“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, Bitcoin billionaire Michael Saylor spoke at an event, and the market is “not ready” for Bitcoin bonds. I warned.
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 interest in Bitcoin and interviewed him. Bitcoin standard Author Cipher Dean Amas.
NFL player Odell Beckham Jr. and North Korean defector and human rights activist Yong Mi Park, who made headlines when he said he participated in his salary with Bitcoin and became a candid ambassador for cryptocurrencies, are also in Miami. Bitcoin conference.
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 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 nominated Mexico as “on the list” of countries that could take over El Salvador to 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.
“There is a very high stakes game theory here, and with more Bitcoin adoption, countries that have Bitcoin today will be more competitive than their peers,” said Fidelity Analyst Chris Kyper. Said Jack Neurouter in a memo. It’s not surprising to see other sovereign states acquire Bitcoin in 2022, perhaps by the central bank. “