BTC Prague 2024 is one of the most influential bitcoin-only events in Europe. Held in the historic city of Prague, the event aims to strengthen connections within the European bitcoin space and beyond. The Czech Republic's communist past provides a suitable context for discussions of financial freedom.
The event kicks off with Trezor Day, which includes important announcements. Trezor has introduced Trezor Safe 5, a user-friendly hardware wallet that combines advanced security with convenience. They launched Trezor Expert, a service that provides personalized services for self-management. Trezor CEO Matěj Žák discussed the risks of centralized exchanges, noting: "Only 2% hold bitcoin in hardware wallets. Centralized exchanges are honeypots for hackers , risk of charges and loss."
Les Femmes Orange, a community promoting women's participation in the bitcoin space, has made a lasting impact. Their event overlooked the Charles Bridge, bringing together over 100 women for networking and discussion. Organizer Rachael Geyer notes the importance of creating a supportive and inclusive environment, stating: “Les Femmes Orange radiates the transformative power of bitcoin, balancing masculine and feminine energies to create a future of harmony and prosperity.”
Nostr also has a strong presence with a dedicated position, emphasizing its importance in decentralized social media. Unlike traditional platforms that control what users see through algorithms, Nostr uses an open source protocol, giving users the freedom to choose and customize their content. Nostr's decentralized nature ensures resilience to censorship and promotes privacy and autonomy.
Several workshops at BTC Praha focused on topics important for the future of bitcoin. In "Building BitcoinBitcoin -0.9%The Revolution for Fun and Profit," Erik Cason , a cypherpunk, talked about the need for trust in driving bitcoin. Quoting Albert Camus, he said, "The only way to deal with an unfree world is to become so free that your very existence is an act of rebellion." Cason urged the audience to lead the way into the new digital age, building profitable ventures while embracing the struggle as part of the journey.
The panel "Introducing the Next Billion" discussed the challenges and opportunities in expanding the bitcoin user base. “When the Internet was born, no one was teaching people how to use it properly,” Calle notes. With bitcoin, we can own a piece of the network.” The panel discussed the need to simplify bitcoin adoption and address ideological barriers.
Michelle Weekly's talk, "Protecting Bitcoin from Fiat Corruption", explored the corruption caused by fiat currency systems. She argues that the immutable nature of bitcoin reflects this problem, stating: "Corruption is just a lie or a series of lies and the scale is determined by the number of people willing to participate. We We must speak out against this." Weekly emphasizes the importance of truth and transparency in the bitcoin ecosystem.
A session on bitcoin education explored its role in enhancing community understanding and trust. Hosted by Sophia Prince , the discussion featured Reyna Chicas of Mi Primer Bitcoin, Isabella Santos of Get Based, and Ariana Dixon , manager at Roatan Bitcoin Center. Isabella noted the impact of scams, saying: "Many people associate everything with bitcoin when it's actually cryptocurrency. That's why good education is so important." Ariana shared her journey from skepticism to advocacy, emphasizing the need to simplify bitcoin education. Reyna says patience and cooperation are key, adding, "Don't judge. Acknowledge people's bad experiences." “Bitcoin education gives people the opportunity to choose to participate or not,” Sophia concluded.
"Mining: The Energy Revolution" tackles the changes in the bitcoin mining sector. Sam Taber, CEO of Bit Digital, addressed the industry's intense scrutiny, saying: “No other sector is under the microscope like bitcoin miners. Not banking, not even clothes dryers. In California, clothes dryers use more energy than Bitcoin mining.”
Adam Back, reflecting on the Cypherpunk movement, said: "Cypherpunks care about privacy and autonomy but also understand that financial transactions are part of everyday life. In the physical world, you pay Pay in cash and other people can't see what you've bought and judge you for your choices. You lose that privacy with the internet."
This sentiment resonates with the overarching themes, which discuss the importance of privacy and personal freedom in the digital world.
A prominent side event of the conference is "Satoshi Rockamoto", which showcases talent in the bitcoin space beyond technology. With DJs, live music and special appearances from bitcoin superstars, it's a memorable celebration of creativity and community spirit.
BTC Praha 2024 showcased groundbreaking developments and hosted important discussions aimed at strengthening the collaborative energy needed to educate, build and scale bitcoin. This event highlights the power of community and the pursuit of innovation in building a strong and inclusive bitcoin future.
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