At Bitcoin Amsterdam 2024, industry giants declare Bitcoin the solution to inflation, fraud and global financial inequality
Victoria d’Este
Posted: Oct 12, 2024 8:43 AM Updated: Oct 11, 2024 5:49 PM
Correction and fact check date: October 12, 2024, 8:43 AM
briefly
The Bitcoin Amsterdam 2024 conference concluded on October 10, bringing together thought leaders, innovators, investors and policymakers to discuss Bitcoin’s transformative potential in finance, society and governance.
The Bitcoin Amsterdam 2024 conference concluded on October 10, marking another milestone in the growing adoption and influence of Bitcoin in Europe. Held at the iconic Westergas venue, this year’s event brought together a diverse group of thought leaders, innovators, investors and policymakers united by a shared vision of Bitcoin’s transformative potential. The conference explored Bitcoin’s role in the future of finance, society, and governance, discussing everything from inflation to regulatory issues.
A glimpse into the future of Bitcoin
Amsterdam’s position as a fintech hub was once again in the spotlight as local and global experts came together to discuss the future of Bitcoin in the European financial landscape. Keynote speakers, industry panels, and unique side events allowed attendees to be fully immersed in the evolving Bitcoin ecosystem. From the Bull Arena to the intimate discussions on the Deep Session Stage, the event highlighted both the technical aspects and social impact of Bitcoin.
Suriname’s Bitcoin aspirations
One of the most memorable moments was when Maya Parbhoe, Suriname’s presidential candidate, boldly declared, “Suriname will be the next Bitcoin nation!” This sentiment highlights the growing international interest in Bitcoin as a tool for economic transformation, especially in regions struggling with currency instability. Parbhoe’s statement hints at the possibility of Suriname joining the ranks of countries like El Salvador that have adopted Bitcoin as their fiat currency.
Freedom through Bitcoin
Several influential speakers highlighted Bitcoin’s potential to restore financial autonomy. Joanna Cottard, a member of the German Bundestag, said about inflation policy: “The ECB says 2% inflation is okay. That’s stealing money from people every month. “That’s not possible.” She also called Bitcoin a “free currency,” reflecting the broader theme of financial sovereignty that permeated the event.
Adam Back, CEO of Blockstream, took the stage to reflect on the mystery surrounding Bitcoin creator Satoshi Nakamoto. “We will basically never know who Satoshi is,” he said, adding that despite an extensive investigation, no hard electronic evidence had been produced. Baek’s comments highlight the ongoing conspiracy surrounding Bitcoin’s origins even as its influence continues to grow.
Another key highlight was a passionate speech by Strike CEO Jack Mallers, who argued that Bitcoin has the potential to solve many of the world’s problems. “Bitcoin is a technology that all mankind needs. “If you fix money, you can fix the world,” he said. This vision of Bitcoin as a force for social and economic reform rather than simply a financial tool resonated with a wide audience.
Nico Moran, founder and host of Simply Bitcoin, highlighted the potential for Bitcoin’s portability, saying that for the first time in history, people will be able to store “millions, billions, trillions of dollars in your mind.” This allows individuals to control their wealth in ways previously unimaginable.
Fighting Fraud and Regulatory Mistakes
A great moment came when Tristan Sherliker, the lawyer who exposed Craig Wright as a fraudster, told the audience, “Fraud is the bane of society.” His presence highlighted Bitcoin’s potential to bring greater transparency and accountability to global finance, as well as the importance of protecting the integrity of the ecosystem.
Regulatory issues were a key topic, with former Dutch senator Dorien Rookmaker warning attendees about the lack of Bitcoin knowledge among European Union policymakers. “People in the EU parliament don’t know anything about Bitcoin. “It’s very important to stay in touch with them if you don’t want bad regulation,” she urged. These concerns are particularly related to Market for Cryptocurrency Assets (MiCA) regulations, which could impact European Bitcoin and cryptocurrencies.
Dynamic meeting experience
In addition to discussions and keynotes, Bitcoin Amsterdam offered a variety of side activities that fostered creativity and networking within the Bitcoin community. The Bitcoin Art Gallery celebrated the intersection of art and Bitcoin, while the TAP Protocol Hackathon and Pitch Day showcased the innovations driving the next generation of Bitcoin startups. For those looking for a more technical dive, the Proof-of-Work phase has featured in-depth training sessions with top Bitcoin developers.
The conference also served as a platform for dialogue between regulators and Bitcoin advocates. Home to the world’s first stock exchange, Amsterdam’s rich history of financial innovation means the city is poised to lead the conversation on digital assets in Europe. Dutch regulators worked with thought leaders and policymakers from around the world to discuss the future of Bitcoin regulation and the importance of creating an open and fair regulatory environment.
From discussions on Bitcoin’s role in fighting inflation and promoting financial freedom to unveiling cutting-edge technological developments, the event captured the energy and momentum surrounding this industry. With voices from Europe, South America, and beyond, Bitcoin Amsterdam 2024 showcased the global and diverse nature of Bitcoin, leaving attendees with the feeling that the journey has just begun.
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About the author
Victoria is a writer covering a variety of technology topics, including Web3.0, AI, and cryptocurrency. Her extensive experience allows her to write insightful articles for a wider audience.
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Victoria d’Este
Victoria is a writer covering a variety of technology topics, including Web3.0, AI, and cryptocurrency. Her extensive experience allows her to write insightful articles for a wider audience.