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Over 20,000 people came to Miami for Bitcoin Magazine’s Bitcoin Conference 2022 this week. I was one of them.
The speaker lineup was simply too impressive to ignore. Anyone who could be perceived as being “worth it” had at least one 15-minute slot, more if you were a more impressive individual (a particular developer I happen to share a last name with appeared on three panels back-to-back-to-back on Friday).
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Some of those speakers were household names, like tennis great Serena Williams, who spoke on a panel with National Football League players Odell Beckham Jr. and Aaron Rodgers. With millions of active Bitcoin users and millions more interested in the ancillary industry of altcoins that claims its roots in Bitcoin, the mainstream attention made sense. As a result, the conference was quite busy. I even saw someone wearing a BAYC hoodie.
It didn’t really feel like a gathering of cypherpunk dissidents looking to remake the financial system from scratch – unless you looked closely enough.
Open-source oasis
There was one stage in particular where open-source developers were sent (banished?) to speak. The Open Source stage. I was honestly pretty miserable until I stumbled upon it in the middle of my first day at the conference. These speakers reminded me why I love Bitcoin and what it stands for.
Panel after panel of principled, level-headed and thoughtful developers, open-source enthusiasts and designers spoke clearly about where we’ve been, where we are now and where we are going. There was no talk of price targets, no discussion of energy markets and certainly nothing about “culture.” Just open-source software and the freedom it enables.
I know investors (and casual users, really) are keenly interested in markets and price targets, mining and infrastructure, and other information that helps them make a financial return. Attendees looking for that could have found it at the conference, but they also can readily get it elsewhere. Hardly any deep, new conversations were happening in these areas (at least, those that I listened to).
The Open Source stage was special. Jameson Lopp rhetorically asked if wallets that reused addresses without deterministic address generation were a risk for users and therefore amounted to an attack on Bitcoin. Keith Mukai cleverly compared Bitcoin’s Taproot upgrade to changing Bitcoin from a train on rails to the “Google transit tab” where you could choose to use the train or you could “walk a mile, take a bus and then hop on the train to get to your destination.” Olaoluwa Osuntokun brought the house down with his keynote when he outlined the technical specifications of the Taro protocol in record speed (he speaks incredibly quickly) while holding a bag of taro chips.