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BTC Las Vegas Conference
Industry announcements, understanding fiat, liberation thanks to Bitcoin
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π£ Conference Week Announcements
This week, one of the largest Bitcoin conferences (35,000 attendees) in the world took place in Las Vegas. The festivities included many announcements from Bitcoiners throughout the world:
PSG, who won the UEFA Champions League yesterday, declare in this video that they are the football club of the new generation, with 80% of their 550 million fans being under 35 years old, and that, as such, just as Bitcoin is the future, PSG is the club of the future. The announcement includes not only that they are holding Bitcoin, but that they are also funding Bitcoin projects through PSG Labs, which will offer funding and access to the global marketplace to participating projects. PSG is a lifestyle club, they claim. And Bitcoin is part of what they represent. Bullish.
Meme stock GameStop finally announces their Bitcoin purchase:
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5:52 AM β’ May 28, 2025
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Square announces that you can pay with Bitcoin on Square point of sale systems:
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11:20 AM β’ May 27, 2025
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Will the uninitiated choose to accept Bitcoin? It has proven advantages, strictly on the payments front, let alone putting it on the balance sheet, as Steak 'n Shake reports.
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11:28 AM β’ May 27, 2025
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And maybe not an announcement per se, but the opening speaker, Vice President JD Vance, declared the current administration's support for the industry, its values, and its vision.
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David Baileyπ΅π· $1.0mm/btc is the floor
@DavidFBailey
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10:4 PM β’ May 27, 2025
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Later in the conference, the Trump brothers, on a panel, declared that their personal Bitcoin involvements are their primary occupation, now that their work in politics is done. After having been de-banked and de-platformed because of their last name, they are fired up about the Bitcoin ecosystem developing as a parallel financial system.
Conference Conclusion: the suits have arrived. Just as Marc Andreesen wrote in 2011 that "Software is Eating the World", Bitcoin is eating the fiat system.
ποΈ Bitcoin Helped Free Ross
The conference's keynote speaker was Ross Ulbricht, sentenced in 2013 to two life sentences plus 40 years for creating The Silk Road, an online black market commerce platform where users could purchase illegal goods and services with Bitcoin. He was pardoned by Donald Trump in January.
In his speech (short clip below), he shared a pretty wild observation:
He built a platform in the name of freedom, and ended up losing his, but gave Bitcoin it's first real use case. 10 years later, the Bitcoin community had grown substantially, and with its demand that he be freed, came back around and got him his freedom.
Bitcoin has undeniably become a powerful movement. And it's just getting started. What impact on the world might the increasing financial success and influence of this group have, as more and more powerful and numerous people and institutions align themselves with the mission?
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11:23 AM β’ May 30, 2025
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The above tweet continues:
Backed by voices like Ulbricht, Snowden, Musk, Trump, democratic nation states, and millions worldwide, Bitcoin carries values that gold or fiat lack. Its decentralized nature makes it stronger than any single tech company or single brand. It's a societal force that sways elections, shapes society, and changes real lives. With human values at its digital core, BTC may be humanity's greatest asset. Educating the masses continues to be the task and outcome required to advance the movement.
π€ Fiat "Education"
A huge barrier to understanding Bitcoin is the required willingness to observe that your personal education has been incomplete or incorrect. The information is now out there in abundance for those who are willing to take the blessed orange pill.
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12:33 PM β’ May 30, 2025
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Understanding fiat leads to understanding Bitcoin. And understanding fiat is a forbidden fruit, obscured by fear-mongering, inconvenience, and lies.
For an introduction to the problem of fiat, check out this 40 minute video, What's The Problemβ
When you understand the destructive, impoverishing nature of fiat, you can observe the following:
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Cory Klippsten π¦’ Swan.com
@coryklippsten
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8:23 PM β’ May 24, 2025
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Keep up the great work, my fellow hodlers π«‘
Bill
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PS
If you haven't already, check out Swan's free Welcome to Bitcoin course. In one hour of high quality video content, Natalie Brunell covers the essentials of Bitcoin - the things you need to understand about its role in the world. You can enroll in the course at https://swan.com/welcome, or watch the first 15 minute video on YouTube: https://www.youtube.com/watch?v=sZvhLDWjD_I&t=44s
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Another great place to start is a 40 minute video called "What's the Problem", motivated by the notion that we can't understand the solution (ie Bitcoin) if we don't really understand the problem it solves. The video is on YouTube:
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Feeling a little more than casual? Want to dive in deeper?
Here is a list of resources to take the next step with your personal Bitcoin learning journey:
Books:
- βThe Genesis Book - Bitcoin didnβt come out of nowhere; intellectual movements in economics and cryptography converge after decades of development in each, the result being Bitcoin. This book details Bitcoinβs prehistory, and is my favorite Bitcoin book
- βInventing Bitcoin - a narrative, progressive approach to building Bitcoin as a superior money, one feature at time, to help the reader understand how features of Bitcoin solve problems of money. *FREE* ebook download
- βGradually Then Suddenly - a clear, logical walkthrough, understandable by beginners, of the case for Bitcoin as money - how the technology works conceptually, how and why it will win, and why this is good for the world
- βThe Price of Tomorrow: Why Deflation is the Key to an Abundant Future - not a book about Bitcoin per se, but this book and this author are some of the most popular in the space. The book explains the roles of technological advancement and inflation/deflation in creating scarcity/abundance in society
- βThe 7th Property: Bitcoin and the Monetary Revolution - takes an accessible, casual tone to the topics of monetary economics, the history of central banking in the West, and how Bitcoin works
- βThe Bitcoin Standard: The Decentralized Alternative to Central Banking - the most popular book in Bitcoin, this book takes a relatively academic lens to the same topics as the 7th Property, with a significantly lighter treatment of Bitcoin itself
- βA Progressive's Case for Bitcoin: A Path Toward a More Just, Equitable, and Peaceful World - imo not necessarily the best book on the list, but a thorough exploration of the ways that, even apart from what economic theory tells us about sound money's contribution to societal prosperity, Bitcoin makes for a better world
- βCheck Your Financial Privilege: Inside the Global Bitcoin Revolution - a compilation of essays by Human Rights Foundation's Alex Gladstein about the role that Bitcoin will play in liberating a world where more than 50% of people live under tyrants.
Podcasts:
- βWhat Bitcoin Did - The most popular show with the most popular guests, topics range from developments in Bitcoin, the Bitcoin community, macroeconomics, and politics
- βPreston Pysh - Covers the same topics with similar guests as What Bitcoin Did, though a little more technically advanced
- βHigh Hash Rate - Very casual conversations about Bitcoin and Bitcoiners, usually making interesting connections to other areas of life and society. The connection-making is likely facilitated by the fact that the hosts are often high for the show
- βSwan Signal - Covers recent developments in Bitcoin, leaning more toward markets and price action
Youtube Channels:
- βBitcoiner University - 10 minute videos deep diving on specific topics in Bitcoin and in relevant current events
- βBTC Sessions - Perhaps the most important resource on this list, BTC Sessions does video tutorials on how to use Bitcoin and different Bitcoin tools like hardware wallets, running a Bitcoin node, etc
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