Original author: Bright, Foresight News
The Bitcoin 2025 conference officially ended in Las Vegas on May 29th, Pacific Time. The closing day speakers included: Hester Peirce, Commissioner of the U.S. Securities and Exchange Commission; Paolo Ardoino, CEO of Tether; Michael Saylor, founder of Strategy; Mayer Mizrachi, Mayor of Panama City; Ross Ulbricht, founder of Silk Road; Jack Mallers, founder of Strike; and Brandon Lutnick, Chairman of Cantor Fitzgerald.
The highlights of Bitcoin 2025 from the first two days can be found here:
A quick overview of the highlights of the first day of the Bitcoin 2025 conference
Government officials’ statement
Hester Peirce, head of the U.S. SEC Crypto Working Group and Crypto Mom, said at the Bitcoin 2025 conference that crypto investors should be responsible for their own investment decisions rather than seeking government assistance when they lose money. The commissioner emphasized: If you advocate free choice, you should learn lessons from investment failures instead of asking for assistance. Peirce pointed out that most crypto tokens are not securities themselves, and related trading platforms do not need to register with the SEC unless they involve securities business. Regarding the recent popular Meme coin, she made it clear that this is a speculative field where investors must bear their own risks. On the issue of listed companies holding crypto assets, Peirce took a neutral attitude and only emphasized the need for good information disclosure.
Nigel Farage, leader of the UK Reform Party, announced at the Bitcoin 2025 conference that if elected prime minister, he would promote legislation supporting crypto assets. Its core policies include: establishing Bitcoin reserves at the Bank of England; passing the Crypto Assets and Digital Finance Act, prohibiting banks from closing accounts due to customer participation in crypto activities; reducing the capital gains tax on crypto assets to a uniform 10%; and explicitly opposing the issuance of central bank digital currencies (CBDCs).
Farage declared that London will become the worlds top crypto trading center and confirmed that the Reform Party will become the first political party in Europe to accept cryptocurrency donations. The latest polls show that the partys support rate continues to rise, but the next general election in the UK is not expected to be held until August 2029. The Reform Party has achieved a breakthrough performance in the local elections in May.
Panama City Mayor Mayer Mizrachi said at the Bitcoin 2025 conference that he is considering promoting Bitcoin payment applications based on the El Salvador model. The city has passed a bill allowing residents to use Bitcoin, Ethereum and some stablecoins to pay municipal fees such as taxes and parking fees. Mizrachi specifically proposed to provide priority navigation rights for ships that use Bitcoin to pay Panama Canal tolls, and consider establishing a municipal Bitcoin reserve. This idea is directly inspired by the policies of Salvadoran President Bukele, who became the first country to adopt Bitcoin as legal tender four years ago.
Business people expressed their views
Michael Saylor, founder of Strategy, said at the Bitcoin 2025 conference, If you allocate Bitcoin on your balance sheet, there is a 90% chance of success within 5 years. The more individuals, businesses, governments, institutions, cities and leaders accept Bitcoin, the more likely humanity will succeed.
Tether CEO Paolo Ardoino showed a slide at the Bitcoin 2025 conference, saying that the stablecoin issuer currently holds more than 100,000 bitcoins and more than 50 tons of gold. Ardoino said, Gold is not competing with Bitcoin, but with fiat currencies. At the same time, Ardoino said that Tether has made a profit of about $20 billion in the past three years and has distributed less than 5% of its profits to shareholders. 95% of the profits have been used to expand the distribution network and reinvest in Bitcoin.
Blockstream CEO Adam Back predicted at the Bitcoin 2025 conference that the price of Bitcoin will reach $1 million within five years.
Brandon Lutnick, chairman of Wall Street investment bank Cantor Fitzgerald, said at the Bitcoin 2025 conference, Bitcoin has a fixed supply, its beautiful, its scientific, and its written in code. At the same time, Cantor Fitzgerald announced that it would launch a gold-hedged Bitcoin fund, the institutions first Bitcoin-themed investment product. The fund is planned to run for five years, while retaining the upside of Bitcoin prices, it will provide 1:1 downside protection through a gold-pegging mechanism.
French football club Paris Saint-Germain (PSG) announced that it has included Bitcoin in its financial reserves. Pär Helgosson, head of PSG Labs, revealed at the Bitcoin 2025 conference that the club began buying and holding Bitcoin last year, becoming the first top football club to publicly hold Bitcoin. Helgosson said that PSG converted part of its fiat currency reserves into Bitcoin and still holds these assets. As one of the worlds largest football clubs, PSG became the first institution in the sports world to publicly hold Bitcoin. The club also plans to invest in Bitcoin entrepreneurs and Bitcoin projects and use its global fan base of 550 million to help these projects expand their markets.
Bitcoin 2025 Conference Fun Facts
Gemini used Teslas Cybertruck to mine Bitcoin at the Bitcoin 2025 conference.
