4 Surprising Takeaways from the 2024 Bitcoin Conference

Inside an Electric Bitcoin Event: Senators, Visionaries, and the Future of Finance... [Derby City Daily logo]( [Derby City Daily logo]( July 31, 2024 [4 Surprising Takeaways from the 2024 Bitcoin Conference]( By Andy Swan “Generation-defining moments” aren’t always appreciated at the time – but we all feel their impact for years to come. Take October 31, 2008. On that particular Halloween, an anonymous visionary known only as Satoshi Nakamoto published a nine-page whitepaper that would introduce Bitcoin (BTC) and forever change the course of history. In plain black and white text, Nakamoto envisioned a financial system where we could transact business on a person-to-person basis. It reprogrammed us to imagine cutting banks and other third-party financial institutions out of the process altogether. Bitcoin was a radical idea. One that’s been called “a decentralized Ponzi scheme,” “utterly worthless,” and “just a crappy tech stock” by the haters in the mainstream media – over and over again. I'll admit, I was skeptical at first, too when my brother Landon bought Bitcoin in May 2013. He shelled out $105 a pop for the “offbeat” asset back then. Oh, how times have changed... Source: TradingView At this moment in 2024, I’ve never been more excited about the freer, fairer financial system made possible by Bitcoin, cryptocurrency, and the [decentralized finance (DeFi) revolution]( happening before our eyes. Bitcoin is worth upwards of $66,000, the leading presidential candidate in the 2024 election views it as “digital gold,” and the energy building behind this once-offbeat asset is enormous. I can tell you first-hand: Landon and I attended the [2024 Bitcoin Conference]( last weekend and it was electric. More than 20,000 people were there with us in Nashville, including senators, governors, and Donald Trump himself. To give scale, six or seven years ago, just 700 people attended. Here are my top takeaways from the conference – a few of them might surprise you. I was surprised myself... [Click here to watch now:]( [Watch Now]( We’ve kept you ahead of this DeFi mega-trend [all along]( with LikeFolio’s real-time consumer insights – uncovering winners like Coinbase (COIN) that went on to deliver 237% and 300% gains to our subscribers while the rest of the market said crypto was dead. Keep following us here to stay ahead of the curve. [We’re just getting started](. Until next time, [Andy Swan's signature] [Andy Swan's signature] Andy Swan Founder, LikeFolio The Lesser-Known Way to Profit from Bitcoin ([You’ve Got to See This]( We all know Bitcoin and volatility go hand in hand. But there are plenty of ways for investors to profit from this asset without riding the rollercoaster that comes with buying it directly. [One great strategy]( works whether the price of BTC goes up or down, allowing you to “stream” thousands of dollars into your account on a regular basis thanks to booming Bitcoin transactions. The Federal Government tried to ban it... but with [this legal loophole]( it doesn’t matter. [Check it out](. Discover More Free Insights from Derby City Daily Here's what you may have missed from Derby City Daily this week... ✓ [Will the $5 Meal Deal Save McDonald’s?]( ✓ [A Tempting Pick-and-Shovel Play for the AI Gold Rush]( ✓ [AI and Automation Could Mean Big Dough for Domino’s]( © 2024 TradeSmith, LLC t/a Derby City Insights. All Rights Reserved. 1125 N. Charles Street, Baltimore, MD 21201 To unsubscribe or change your email preferences, please [click here](. [Terms of Use]( | [Privacy Policy](