The 2024 Bitcoin Conference mainly focuses on Bitcoin mining, so what is it about? Here are some relevant contents of the conference:

🔶The conference focuses on promoting local adoption of Bitcoin, aiming to unite thought leaders, industry experts and enterprises to explore the infinite possibilities brought by Bitcoin.

🔶Bitcoin developer and advocate Jimmy Song, in a panel discussion with former mixed martial arts champion Ben Askren titled "Make American Bitcoin Great Again", criticized the participation of traditional financial institutions such as BlackRock, as well as the focus on banks, transactions and ETFs. He believes that the greatness of Bitcoin lies in freedom and autonomy.

🔶Michael Mitchnick, head of digital assets at BlackRock, said that its clients are interested in Bitcoin and Ethereum, but less interested in other products. When the spot ETF was launched, direct investors drove demand, and BlackRock's wealth advisory and institutional investors are still ready to go.

🔶MicroStrategy founder Michael Saylor said that 2024 will be the "first year of mainstream institutional adoption of Bitcoin". He continues to receive calls from CEOs of listed companies and institutions interested in Bitcoin-first investment strategies, while hinting that the attendance of the two presidential candidates and other friendly senators at the conference is beneficial to Bitcoin.

🔶 In addition, it is reported that former US President Trump will appear on the "Satoshi" stage on Saturday afternoon (July 27) local time for a 30-minute keynote speech. The industry generally expects that Trump will make some remarks friendly to the digital currency industry and promise to introduce policies that are beneficial to this industry after winning this year's election. Some analysts expect Trump to mention "mining" and oppose "digital dollars"; others speculate that Trump may promise to "list Bitcoin as a strategic reserve asset for the United States."

The above content only represents personal opinions and does not constitute investment advice. Investment is risky and you need to be cautious when entering the market!

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