The Bitcoin 2025 conference in Las Vegas attracted over 35,000 attendees, including crypto enthusiasts, politicians, and celebrities, as Bitcoin's price surpassed $100,000. Amidst a celebratory atmosphere, speakers like the Winklevoss twins and David Sacks discussed the potential of Bitcoin. However, the article questions the long-term viability of cryptocurrency, highlighting concerns around blockchain use cases, energy consumption, and the potential for fraud within the industry, urging a critical examination of the hype surrounding cryptocurrencies.
We often talk about baseball games as a metric for where we are, and we're literally in the first inning. This game's going to overtime.
More than 35,000 people have descended on Las Vegas for the conference: bitcoin miners, bitcoin dealers, retired athletes, U.S. senators, venture capitalists, and more.
I'm in Vegas talking to as many people as I can in order to conduct an assay of the orange pill. What is the argument for bitcoin?
Here is the part of the story where I am supposed to tell you it's all a fraud. Nobody has come up with a use case for blockchain technology in 17 years.
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