The Miami Bitcoin Conference has become a show? Ethereum community: Just because of this Bitcoin conference, we deserve to endure a 10-year bear market

According to foreign media reports, the 2021 Bitcoin Conference was held in Miami, USA recently. This conference is known as the largest cryptocurrency event in history, attracting 12,000 participants. The conference was originally planned to be held in Los Angeles, but due to stricter restrictions on the new coronavirus in California, it was moved to Miami, USA.

The crypto world has always been known for its open attitude, but this conference seems to be more of a show for Bitcoin celebrities. According to people familiar with the matter, there is a rule in this conference that does not allow discussion of any cryptocurrency other than Bitcoin, not even Ethereum. For this reason, Floyd Mayweather, who has won five weight class boxing championship belts, had to express his views in a veiled way when speaking on the main stage, "Everyone in the crypto world is competing with each other, and I think everyone should be able to choose what they want to choose and work with like-minded people to achieve their dreams. I believe that one day there will be another cryptocurrency as big as Bitcoin."

On Saturday, also at the Miami Bitcoin Conference, a Dogecoin supporter rushed onto the stage during a guest speech, took off his jacket to reveal a T-shirt with Doge's head on it, to show his support for Dogecoin, and was eventually forcibly carried away by security guards. This person is a YouTube celebrity, and he successfully became a hit in the Dogecoin community through this move, adding a bit of hype to this "show" conference. Some Ethereum community users were disappointed with the frequent ugly performances in this Bitcoin conference, saying "After this conference, we will usher in a 3-year bear market, and we deserve it." Someone later added a comment, "I think it will be 10 years."

Once again, the main stage talk show of Bitcoin analysts Max Keiser and Michel Saylor sparked public disgust. Before the show, Max Keiser shouted in a nearly hysterical roar, "We didn't sell (Bitcoin), fxxk Elon (Elon Musk)". This Miami Bitcoin Conference is not so much a cryptocurrency event as a show of the head being determined by the butt, as can be seen from the ban on all non-Bitcoin cryptocurrency-related speech. The most liked comment under the tweet may also express the voice of the vast majority of neutrals, "Yilong has created many great companies, created a lot of jobs, forged a legend, and raised 4 children... I don't agree with spreading hatred and insults. If Yilong only said good things about the cryptocurrency market, the entire crypto community would definitely only praise him. I hope Yilong can tweet more."

After watching this video, people who have nothing to do with the crypto community generally believe that this is a "mania."

Anthony Sassano, a well-known figure in the Ethereum community, directly compared the conference to the Herbalife MLM conference.

The most surprising thing is that some political leaders of small countries also came to take advantage of the popularity of the Miami Bitcoin Conference. Paraguayan Congressman Carlitos Rejala tweeted, "As I said a long time ago, our country needs to move forward with the new generation. This moment has come, this is our moment. This week we will start an important project to make Paraguay innovative and to make Paraguay at the forefront of the world. Truly to the moon". The tweet also included Bitcoin and Paypal tags, as well as a photo of Cyclops related to the crypto community meme.

On Saturday, Nayib Bukele, President of the Republic of El Salvador, changed his Twitter profile picture to laser eyes. He also claimed that he would submit a bill to make Bitcoin a legal tender in the country.

For a politician, reputation is important, and whether one can realize his own program is another matter. Moreover, as a small country, there is not so much international public opinion burden, even if the head of state can gain enough reputation, the means are not a problem. And this time, the hype of "verbal checks" that is impossible to achieve technically or economically, has already entered the market from Sun Ge, who "never misses any opportunity to hype", which is enough to show his influence.