A number of notable developments and insights from leading voices in the investment community have already been produced by the conference.
Here is a list of the things that happened at the conference.
Peter Thiel is a person.
During his keynote speech, the billionaire co- founder of PayPal and Palantir labeled Warren Buffet as an "enemy No. 1" for bitcoin fans. He said that the investing legend's criticism of the digital currency has curbed wider adoption and has weighed on its price.
He called him a — sociopathic grandpa from Omaha,— and said that he had no unique value.
The revolutionary youth movement is opposed to the finance gerontocracy that includes Jamie Dimon and Larry Fink.
The person is Cathie Wood.
The prominent tech stock investor still believes that the price of the virtual currency will hit $1 million in the next few years. After recovering from its low, the virtual currency was at $42,760 on Friday.
As many of you may know, in our big ideas in 2022, we have a price target of $1 million dollars per bitcoin in 2030.
That's how institutional investors work. She said that in the 70s it was real estate and in the 1980s and 1990s it was emerging markets.
Michael Saylor.
The CEO of MicroStrategy sounded positive about the overall tone of the recent discussions in Washington about cryptocurrencies.
The president of the United States gave a green light to the digital currency, he said as he sat next to Wood at their joint panel. President Joe Biden issued an executive order in March for further work on developing a national policy on digital currencies.
When is the last time the president of the United States directed the government to embrace a new asset class? Saylor said that he thinks that the recent events in the United States government should be a motivator for the creation of a new currency.
The Mexican billionaire has a lot of holdings in the virtual currency.
Mexico's third-wealthiest person, Ricardo Salinas Pliego, has big exposure to the virtual currency in his liquid portfolio.
Salinas Pliego said on the panel that he has 40% in oil and gas and gold miners, and that he has 60% in the digital currency. According to Forbes, the Mexican businessman has a net worth of $13 billion.
He said that he didn't have any bonds in his portfolio.
The eyes have laser eyes.
To kick off the conference, the Mayor of Miami unveiled a statue of a black bull with laser eyes that symbolizes the city's support of the digital currency.
Miami is becoming the leading city for investors and businesses using the virtual currency. A team of more than 30 people and more than six months were required to complete the statue.
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