It was a great pleasure seeing everyone from HIVE Blockchain Technologies, which helped sponsor the conference.
There’s incredible upside potential, and for those who worry that Bitcoin is too expensive at $40,000, just wait another five to 10 years.
Ask yourself this: Do you think Bitcoin adoption and ownership is going to go up over time, or down? At the moment, ownership is still relatively limited.
If you had listened to people like astronomer Clifford Stoll—who in a now-famous Newsweek op-ed said it was “baloney” that we’d ever shop, read the news or attend school online—you’d have missed out on investing in Amazon, Google and many other companies you likely interact with on a weekly or even daily basis.
These investors have made Bitcoin the number one recurring buy asset on Robinhood—higher than Apple, higher than Tesla, higher even than broad-based equity index ETFs.
But didn’t internet stocks crash in 2000? Yes, and many of the companies that survived are still around today and highly profitable.
According to CoinMarketCap, some 18,760 cryptocurrencies are currently being traded on more than 500 different exchanges.
The company’s chief product officer, Aparna Chennapragada, took the stage to tell everyone that, at long last, Robinhood would roll out digital wallets to as many as 2 million users who have been on a waitlist.
Mexican senator Indira Kempis Martinez told the thousands in attendance she was working on legislation that would make Bitcoin legal tender in her country, where a third of adults are unbanked and lack access to credit.
In a highly entertaining, breathless presentation, Mallers announced that his firm had partnered with not only Shopify but also the world’s biggest point-of-sale systems to make it possible for consumers to pay for a Big Mac at McDonald’s or wine at Costco using Bitcoin.
During her panel with Michael Saylor, the ARK Invest chief called Bitcoin the “first open-source, global private digital rules-based monetary system in the history of the world.” We’re only just now starting to realize the full implications of that.
The following securities mentioned in the article were held by one or more accounts managed by U.S.