The Pomp Podcast - What To Expect At The Bitcoin Conference This Week - #900

Starting point is 00:00:00 What's up, everyone? This is Anthony Pompliano. Most of you know me as Pomp. You're listening to the Pomp Podcast, simply the best podcast out there. Now let's kick this thing off. This episode gives a quick breakdown of what to look forward to for the Bitcoin Conference this week, along with a message of staying rooted with your feet on the ground. I really enjoyed recording this episode, and I hope you enjoy it. Before we get into it, though, I first want to talk about our sponsors. First up is LMAX Digital, the number one institutional crypto exchange. They offer clients the deepest pool of crypto liquidity on the planet, underscored by a 100% uptime track record through volatility spikes. They leverage LMAX

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Starting point is 00:03:01 Go check it out today and let me know what you think. All right, let's get in this episode. I hope you guys enjoyed this one. Anthony Pompliano runs Pomp Investments. All views of him and the guests on his podcast are solely their opinions and do not reflect the opinions of Pomp Investments. You should not treat any opinion expressed by Pomp or his guests as a specific inducement to make a particular investment or follow a particular strategy, but only as an expression of his personal opinion. This podcast is for informational purposes only. Good morning, everyone. Bang, bang. The 2022 Bitcoin Conference is happening this week

Starting point is 00:03:34 in Miami. It is the largest gathering in the Bitcoin community in history, and there are a number of large announcements that will be shared from various companies and leaders. David Bailey, the CEO behind this event, even joked that the Bitcoin conference is merely a popular math conference. There's a hint of truth in every good joke. The excitement around this year's event is largely due to the success of last year's event. Over 15,000 people were in attendance. The first nation state, El Salvador, to begin moving to the Bitcoin standard made the initial announcement on the conference stage, and speaker after speaker outlined how they were incorporating Bitcoin into their businesses. This brings us to this week's conference. It is estimated that more than 30,000

Starting point is 00:04:10 people are going to attend. Speakers include presidents of countries, NFL superstars, billionaire investors, public company CEOs, human rights advocates, and U.S. politicians. There is representation from every Bitcoin company and investment firm, and there will be tens of thousands of plebs from around the world as well. As I thought about this week's events over the weekend, it struck me that it is only possible because of a nine-page white paper and some open-source software written by Satoshi Nakamoto about 14 years ago. Quite literally, Satoshi changed the world with a few lines of code. This idea of a peer-to-peer electronic cash system has infiltrated the minds of more than 100 million people globally. It has re-energized entrepreneurs,

Starting point is 00:04:51 investors, and everyday citizens. Without a CEO, board of directors, venture capital funding, or a dedicated team, the Bitcoin network has successfully coordinated trillions of dollars in resources and hundreds of millions of people to work in unison for a common cause. That beauty will be on display this week in Miami. There will be lots of shiny announcements and plenty of big names pledging support for the industry. It's helpful to remember that every individual is merely one piece of the network. No matter how wealthy you are, no matter how successful, no matter how famous, every person is just one node on the network. There are few systems in existence where the president of a country, a billionaire investor,

Starting point is 00:05:27 and your average citizen are all equal participants. This means that Bitcoin's strength comes from numbers. The more miners, the stronger that Bitcoin becomes. The more nodes, the stronger that Bitcoin becomes. The more individual holders, the stronger that Bitcoin becomes. Decentralization runs antithetical to the way humans have been taught to think, but it is obvious that there are certain instances where it is essential. A digital sound money is one of them. This week will be a lot of fun.

Starting point is 00:05:53 Announcements will be made, milestones will be celebrated and pontification of the future is the name of the game. Just remember that we have a significant amount of work to do. Bitcoin may be winning, but there's no guarantee of future success. In the words of Matt O'Dell, stay humble.

Starting point is 00:06:08 Hope each of you has a great start to your week and I'll talk to everyone tomorrow. Thanks so much for listening to today's episode. I really hope you guys enjoyed this one. Make sure you're subscribed on Apple, Spotify, or your favorite podcast player. And if you're looking to try to transition to get a new job in the Bitcoin or crypto industry,

Starting point is 00:06:24 we've got you covered. Head over to palmscryptocourse.com. We've developed a curriculum with the top teams across the industry. It's a three-week intensive training program with over 50 events packed into that three-week time period. Go to palmscryptocourse.com to learn more and I'll meet you guys for the next episode.

Starting point is 00:06:45 Thank you.

The Pomp Podcast - What To Expect At The Bitcoin Conference This Week - #900

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