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The Breakdown

Bitcoin Vegas Goes Big as Politics Takes Center Stage

The Breakdown

Blockworks

Investing, Business

4.8786 Ratings

🗓️ 31 May 2025

⏱️ 14 minutes

🧾️ Download transcript

Summary

The Bitcoin Conference returned to Las Vegas bigger than ever, drawing over 30,000 Bitcoiners and showcasing political heavyweights championing crypto’s future. Vice President JD Vance outlined the administration’s bold crypto agenda, emphasizing Bitcoin’s role as a bulwark against financial tyranny, inflation, and elite control. David Sacks updated progress on the Strategic Bitcoin Reserve, while Eric and Don Jr. Trump discussed their family’s deep dive into Bitcoin, predicting record highs. Plus, embattled NYC Mayor Eric Adams pitched "bit bonds," hoping to restore the city as a crypto hub. Enjoying this content? SUBSCRIBE to the Podcast: https://pod.link/1438693620 Watch on YouTube: https://www.youtube.com/@TheBreakdownBW Subscribe to the newsletter: ⁠⁠⁠⁠⁠⁠⁠https://blockworks.co/newsletter/thebreakdown⁠⁠⁠⁠⁠⁠⁠ Join the discussion: https://discord.gg/VrKRrfKCz8 Follow on Twitter: NLW: https://twitter.com/nlw Breakdown: https://twitter.com/BreakdownBW

Transcript

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0:00.0

Welcome back to The Breakdown with me, NLW.

0:09.3

It's a daily podcast on macro, Bitcoin, and the big picture power shifts remaking our world.

0:18.4

What's going on, guys? It is Thursday, May 29th, and today we are catching up on everything

0:24.0

going on at the Bitcoin conference in Vegas, and this is definitely more stacked than your

0:29.6

average conference. Before we get into that, however, if you are enjoying the breakdown,

0:33.4

please go subscribe to it, give it a rating, give it a review, or if you want to dive deeper into

0:37.3

the conversation, come join us on the Breakers Discord. You can find a link in the show notes or go to

0:41.5

bit.ly slash breakdown pod. Well, friends, as I said, this year, the Bitcoin Conference

0:46.5

returned to Las Vegas with a stacked lineup and packed out crowds. The event welcomed over 30,000

0:53.0

bitcoins making it easily the largest conference of the

0:55.7

year. We had a Guinness World Record set for the most Bitcoin transactions at an event with over

1:00.1

4,000. The skull of Satoshi has found its way home to the Bitcoin community thanks to a donation

1:04.7

from Ripple. The art piece was originally commissioned by Greenpeace in 2023 to symbolize

1:09.5

Bitcoin's environmental harm, but with the

1:11.7

campaign of failure, it will become a permanent exhibit at the Bitcoin Museum in Nashville.

1:16.1

And there were all manner of the usual antics we've come to expect from the gigantic Bitcoin

1:19.6

conference. In particular, following on from President Trump's appearance last year,

1:24.5

the conference featured a heavy dose of political speakers. Many administration figures

1:29.2

were present to check in on progress and chart a course for the rest of the Bitcoin agenda,

1:33.7

so let's talk about what they had to say. Vice President J.D. Vance headlined the conference

1:39.0

and opened his speech with optimism about Bitcoin's growing role in the world. He said,

1:44.0

I think the last several years have made it clear we're talking about genuine ground- growing role in the world. He said, I think the last several

...

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