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Mind of Micah

Read, Pt. 3: Welcome to the Church of Bitcoin

Mind of Micah

MWBK Creative

Comedy

4.51.1K Ratings

🗓️ 28 July 2021

⏱️ 11 minutes

🧾️ Download transcript

Summary

Thousands gathered in Miami to talk about the OG cryptocurrency — but instead of your typical finance conference, it had the feeling of a fringe religious event. Subscribe to Micah's Newsletter: micahwiener.substack.com We're back tomorrow with part 4. Read the piece: www.rollingstone.com/culture/cultur…hurch-1194744/

Transcript

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0:00.0

Hello, and welcome to Mind of Micah today on the program.

0:07.1

It's part three of Bitcoin 2021, a Bitcoin conference in Miami inside an evangelical look

0:14.9

at the cryptocurrency.

0:17.2

We will get to part three in a moment, but first, a reminder to check out Micah's Rear

0:22.2

of the Week, the newsletter in your inbox every Monday around lunchtime, including this

0:27.8

week's 50-second one year anniversary of Micah's Rear of the Week.

0:33.4

Haven't missed one yet, not going to its free subscribe and share.

0:38.2

Check out Backdoor Cover as well, and without further ado on to part three.

0:46.0

This talk of self-denial or persistent holdling of building a legacy for generations to come

0:54.2

is at express odds with the mission of the conference vendors who have come with the implicit

0:59.7

expectation that many attendees will gladly part with their Bitcoin for more earthly

1:06.4

delights, such as a diamond-studded watch.

1:11.7

There are at least three booths, selling six figure watches, as well as a vendor facilitating

1:17.4

the purchase of a Miami-based luxury condominiums in Bitcoin, and a table dedicated to selling

1:24.3

precious minerals, because, of course, there is.

1:27.3

The most ostentatious booth belongs to Playboy, which is recently undergone a Zen-Z, a Gen-Z

1:34.5

friendly makeover.

1:36.2

It's no longer a gentleman's magazine, a woman at the booth assures me twice.

1:40.7

The people running the Playboy booth seem just as confused as to why Playboy is at a Bitcoin

1:45.4

conference as I am, and when I ask for clarification, they mumble something about non-fungible tokens.

1:53.2

Many a shot of whiskey and point out a display of CBD-infused lubricants.

1:59.8

One prominent presence is 11, a downtown Miami nightclub which offers all-new dances,

...

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