I Had Bitcoin Conference Tickets But Still Didn’t Go — Here’s Why

Hey Satsmate Stackers, 

I have been going to Bitcoin conferences for several years now, and at this most recent conference in Vegas, I decided not to go even though I had tickets in hand. My conviction towards Bitcoin is still near all-time highs, but from a cultural standpoint, I think BTC is at all-time lows. I personally didn't want to surround myself with people who are focused on hype, treasury companies, and grifters. Specifically, in this podcast, I go over the specific topics: 

• They’ve gotten old and repetitive
  • Speakers are saying the same things over and over, fewer new ideas & more shills
• I think David Bailey did really bad things to personally enrich himself, and I don’t want to support that
• The conference is taking more of a corporate suit angle than ever before, that isn’t what btc is about
• I do like the people of Bitcoin, but I have seen different conferences around the world, and I like some of those more
• Vegas is a shitcoin casino, and a meal for two easily costs $120 
• I feel like I am getting ripped off at every turn (stories)
• Many of my favorite speakers are no longer there, and people I look up to are no longer going
• The air is different; it is much more treasury-focused, and much less focused on the core ethos of Bitcoin
• It drifted heavily once Strategy entered the mix, but concurrently, when the ETFs were approved
• This isn’t to say I won’t attend again, but when I do have the time off, I will prefer going to El Salvador or to Europe instead
• We mustn’t blindly follow people in this space, so many grifters and people with not great intentions are going to these things

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Best Regards, 

SatsMate Stack

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Financial Disclaimer: Nothing stated in this video is a recommendation from SatsMate to buy or sell a particular security or asset class. It would help if you wisely considered your tolerance for risk, time horizon, and financial goals before investing.