What Did We Learn From the Bitcoin 2022 Conference in Miami? — VAULT Cryptocurrency Blockchain News #47
This week, April 6th to 9th, 2022, the four-day event known as “Bitcoin 2022” was held at the Miami Beach Convention Center.
The conference was regarded as a big success with 35,000 participants, 3,000+ enterprises, 450+ speakers, and 400+ sponsors. Prominent speakers discussed various issues such as open source technologies, mining energy issues, policy issues, financial empowerment, and the progress of the Lightning Network. In case you missed the conference or didn’t have or want to spend $1,099 on a general admission ticket, I thought I’d go over some highlights concerning the current and future developments of Bitcoin that were discussed.
One of the first major announcements from Bitcoin 2022 was that the president of El Salvador was not able to attend the conference as he had previously planned. Many were looking forward to hearing how El Salvador has done since being one of the first nations to make Bitcoin legal tender for trade. The president sent his regrets in the form of a letter.
Several speakers had highlights during the conference. I wanted to highlight a couple of the more interesting presentations.
Peter Thiel highlighted the differences between traditional investors and the new generation of cryptocurrency investors.
During his keynote speech, the billionaire co-founder of PayPal and Palantir singled out Warren Buffett as “enemy number 1” for Bitcoin. He called Buffet a “sociopathic grandpa from Omaha” and said his criticism of Bitcoin has curbed wider adoption of the cryptocurrency and led to its stagnant price performance over the last year.
He cited famous quotes from Buffet about Bitcoin that include calling it “probably rat poison squared” in 2018 and saying it “has no unique value at all, it doesn’t produce anything” in 2019.
Prominent tech stock investor Cathie Wood raised eyebrows when she predicted during her speech that Bitcoin would hit the $1,000,000 price target by 2030. Wood directed the crowd to the January 2022 call published on her Ark Invest website. “If you go in and you’ll see how we build that case… all we expect over the next eight years is that roughly two and a half percent of institutional assets are allocated to Bitcoin.”
Wood shared the stage with MicroStrategy CEO and Bitcoin enthusiast Michael Saylor, who seemed confident that the current administration in Washington is behind the future of cryptocurrency.
“I think a couple of weeks ago, with the executive order, what we had was, the President of the United States, giving a green light to Bitcoin.” Saylor was referring to President Joe Biden’s executive order in March for further work on developing a national policy on digital currencies.
“If I scan the last hundred years of history, and I asked, ‘When’s the last time the President of the United States directed the government to embrace a new asset class?’ The answer is never. So I think that Bitcoin should be taking a victory lap for what happened here just in the past few weeks in the United States government…”, Saylor said.
Shark Tank’s Mr. Wonderful, Kevin O’Leary, also spoke at Bitcoin 2022 and had an interesting take on how Bitcoin mining could drive the development of clean energy.
Will Bitcoin reach $1,000,000? Will other cryptocurrencies surpass its market cap and overtake it with better innovation and technology? We will have to wait and see. We are starting to see more mass adoption as politicians and celebrities are now endorsing and promoting Bitcoin.
The mayor of Miami stated during his Bitcoin 2022 presentation that the next US President will be a Bitcoin President. Will this be true? Is mass adoption and utilization just around the corner?
VAULT Crypto News This Week
ESK upgraded to the new collateral (150000)
All masternodes restarted https://my.vault.investments/coins/esk/
League of Lions “Tree of Life” TOL Genesis Mint Update
Good day Lions
When we set out to create a membership multi-pass token with real benefits, we could have created a flat card, 2D NFT, which would have provided some but not all the benefits of what our TOL holders deserve.
So we’ve created our “Tree of Life” (TOL) 3D NFT multi-pass tokens, which are not only beautiful and pleasing to the eye, but rare, and with all files included, they can be used in future metaverses.
Why hold a TOL?
There are only 1,000 Tree of Life (TOL) 3D NFTs, and the mint, tentatively scheduled for May, will be WL onlyTOL holders have whitelist privileges and discounts in all future collections.
There are only 1,000 Tree of Life (TOL) 3D NFTs, and the mint, tentatively scheduled for May, will be WL only.
TOL holders will have whitelist privileges and discounts in all future LOL collections.
There will be NO public mint for TOLs.
Seven different trees are to be depicted as our “Tree of Life” with different numbers of rarity with a few “special” ones included.
There are only 1,000 Tree of Life (TOL) 3D NFTs and it will be WL only mint, tentatively scheduled for May.
The TOL will be your multi-pass to all future collections, starting with our lions.
You will need to be on a WL to mint a TOL.
Get Whitelisted For TOL Mint:
“OPTION 1: Server Boost”
Boost the server to join the Server Boosting WL.
Offer open until 50 boosts have been reached on the server. The boost must remain on the server until the mint date to qualify for the 50 boost whitelist.
Regardless of numbers, if you would like to BOOST IT UP, everyone can add their BOOSTS.
Let’s get BOOSTING!
“OPTION 2: Tasks”
Complete 3 simple tasks.
100 WL places available.
Invite 5 users to our Discord server 🤵┃how-to-invite.
Follow our Twitter: https://twitter.com/LionsLeagueNFT (Your retweets are appreciated).
Reach level 5 (Rebel) in our Discord.
“OPTION 3: Superheroes”
STAND OUT from the crowd and get at least Whitelisted.
We have eyes everywhere and we are watching everything.
Server logs, invite logs, activity logs, and our eyes are watching.
We are looking for ?
Make our server your second and get noticed.
“OPTION 4: Show-offs Welcome”
Would any of you budding artists like to show us your skills?
Does anyone possess skills that can make us MORE awesome?
We LOVE show-offs.
Drop us a message and show us what you have got.
Stay tuned for more ways to get WHITELISTED.
VAULT Coin’s Market Performance This Week
We finished out the week at $1.25. We saw a high of $1.41 last Sunday. The weekly low was $1.24 on Friday.
We saw an average of $578.84 traded daily.
VAULT coin trades on SouthXchange and Hype Coin Exchange and we continue to see a majority of trading occurring on SouthXchange.
VAULT’s current price average across all exchanges is 2,943 Satoshi (0.00002943 BTC).
The mystery around League of Lions continues. What is this project and how is it tied to VAULT Investments?
NFTs are currently a hot commodity. Many people see the high gas fees required to mint on the Ethereum blockchain as a major drawback. League of Lions has the advantage of not just a collection of NFTs but also being a play-to-earn game. The project also has the advantage of being on the Cardano blockchain, where fees are much lower.
More information on the first mint was recently announced.
League of Lions Genesis NFT Collection Update
Good day Lions!
Our genesis mint will be a collection of 1,000 Tree of Life (TOL) 3D NFTs.
The TOL will be your multipass to all future collections, starting with our lions.
Over the next few weeks, we will be building a WL in preparation for a mint tentatively scheduled for May.
You will need to be on a WL to mint a TOL.
A new profile picture was posted on Twitter.
Progress continues as a server has been set and a Cardano node has been fully synced.
There has been a promise of sneak peeks of the Tree of Life (TOL) NFTs in the next several days. Stay tuned for more information on this exciting new project, and how to qualify for the newly minted NFTs coming your way.
Cryptocurrency News This Week
CRYPTO COULD BE FUTURE OF HOLLYWOOD
AC MILAN TO LAUNCH NFTS ON BITMEX
EU NOT HAPPY RUSSIANS HOLD CRYPTO
YELLEN THINKS CENTRAL BANK DIGITAL CURRENCY BETTER THAN BITCOIN
MEXICO’S THIRD RICHEST HAS 60% OF LIQUID ASSETS IN BITCOIN
MADEIRA AND PROSPERA JOIN REGIONS ACCEPTING LEGAL TENDER BITCOIN
TESLA TO MINE BITCOIN IN TEXAS
KRAKEN SHUTS DOWN SAN FRANCISCO HEADQUARTERS
SHOPIFY TO USE BITCOIN PAYMENTS VIA LIGHTNING NETWORK
VAULT Crypto Portfolio Tracker
I wanted to give you a running tally of what you could potentially be earning with VAULT. The example I’m using holds 1,000 VAULT on the VAULT platform. I’m keeping a cumulative total of the potential profits you could make over time.
I wanted to show you what kind of potential returns you could be earning weekly and cumulatively.
1,000 VAULT initial investment with current value of 1,232 VAULT at ~21% ROI generated 4.97 VAULT blockchain rewards this week, for a total of 1,236.97 VAULT over the past 47 weeks if you compounded your daily rewards with 100% reinvest on the VAULT platform. The total dollar value earned is $296.21 at VAULT’s current price of $1.25 (0.00002943 BTC). The total Bitcoin value earned at VAULT’s current price is 0.00697403 BTC.
We Are Here to Help You DYOR (Do Your Own Research)
I hope this update on Bitcoin 2022, VAULT, League of Lions, cryptocurrency regulations and more has been helpful.
Consider investing the VAULT way and enjoy a seamless crypto experience!
VAULT Platform: https://my.vault.investments/dashboard/
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VAULT Twitter: https://twitter.com/VaultInvest
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Forever Innovating: https://vault.freshdesk.com/support/solutions
This is not financial advice. VAULT Investments provides a service to its clients and is not responsible for projects listed or featured in its platform or ecosystem. The views and opinions in this update are my views alone and are not necessarily those of VAULT Investments or its administration. You should always DYOR. Invest at your own risk.
About the Author:
My Discord handle is Bobtilladhun.
I’m a long-term crypto investor. I bought my first Bitcoin in 2016 for $700. I sold 1/2 my BTC when the price doubled to satisfy my wife that I wasn’t going to lose all our money and made my initial investment back. Since that time, I have used my remaining Bitcoin stack to HODL and invest in interesting projects. I am a founding investor in VAULT and have accumulated a significant number of VAULT coins through holding my coins in CRYO and taking advantage of the compounding interest VAULT provides.
I was asked by Ian and the VAULT team to provide a weekly update on VAULT’s performance and current issues in cryptocurrency.
I hope these updates provide you with a quick overview of what is happening with VAULT and in the world of cryptocurrency.
Please contact me on Discord if you have any comments or suggestions.