Thread by @JasonYanowitz

Back in New York after an incredible week at Bitcoin 2021.

Some thoughts on the conference, the industry, the money, and Bitcoin.

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1/ First, the conference was incredible.

If you followed it on Twitter, you saw a Dogecoiner bombard the stage and other shenanigans.

You missed the amazing panels and thousands of side conversations.

Hosting 12k people is VERY hard.

@BitcoinMagazine did a phenomenal job.

2/ Bitcoin’s price.

Literally no one discussed it. And not because it’s down off its high.

People just didn’t care.

30k… 40k… 60k… 100k….

Everyone wanted to discuss real projects being built on top of Bitcoin.

3/ Though the conference was Bitcoin focused, DeFi and trading consumed the clubs.

I’ve never seen so many people get tables and bottle service.

Most of these people are making insane amount of money yield farming and trading.

4/ On that note, there is just so much money in the industry right now.

In 2017, dozens of people were making life changing amounts of money.

In 2021, thousands of people are making life changing amounts of money.

5/ I met a lot of anon accounts that we all know and love.

I realized that 50% of them just shit post and don’t actually do much.

The other 50% make more $$$ than you can fathom.

A random anon account I met on Friday night makes $1M/month.

6/ Ok, enough about money. Back to Bitcoin and the industry.

There were hundreds of companies participating.

Everyone is building something special. The entrepreneurs are brilliant.

Some will fail, but they’re all trying to build something real (unlike scams of 2017).

7/ Everyone was happy. Like ear to ear smiles.

“How’s your company? Amazing.”

“How are you? Amazing.”

Smiles and good vibes all around.

8/ Going back to the money for a sec.

There’s an insane amount of money, but feels so far off from the top.

I think we 5-10x from here.

9/ Twitter creates celebrities.

Someone asked @danheld to sign their baby.

Bitcoiners fanboyed over @JackMallers like he’s Justin Bieber.

@APompliano couldn’t walk more than 5 feet without a camera being in his face.

People really really love meeting Twitter celebs IRL.

10/ @FTX_Official runs the show.

If a brand can become a celebrity, they’re doing it.

@SBF_Alameda and team were single handedly responsible for half the hangovers in Miami this weekend.

Everyone loves them.

11/ Nothing beats a great in-person conference.

Compared to the event, Zoom sucks. Twitter sucks. Calls suck.

It was amazing to hang with online friends until the wee hours of the night.

12/ My last thought is this.

Bitcoin doesn’t need celebs. It doesn’t need institutions. It doesn’t need influencers.

But it does need community. Without the Bitcoin community, we wouldn’t be here.

To everyone I met this week, I love you all.

Can’t wait to run it back soon.