10 influential tweets from 2021

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Another year has passed in the cryptocurrency industry, leaving behind an ocean of developments, dramas, price swings, and innovations, all evolving at a breakneck pace that even Barry Allen should have expected. hard to follow. As in previous years, Twitter once again served as a hotbed for discussion of the crypto industry in 2021.

Over the past 12 months, Bitcoin (BTC) has been on a roller coaster ride, non-fungible tokens (NFTs) sold for millions of dollars, and Dogecoin (DOGE) has hit illogical prices – and that’s just the peak of the iceberg. Twitter, of course, was right in the middle of the action, with people and businesses posting all kinds of industry-related content.

Offering a glimpse into the action – sort of a time capsule for the future, or perhaps an update for people who operate away from the heartbeat of the industry – here are 10 notable tweets related to the industry. crypto from 2021 (in no particular order).

Bitcoin recognized as money

In September 2020, Bitcoin took off a new hat, gaining recognition as an official form of currency for the first time in its history. On September 7, 2021, El Salvador officially established BTC as a form of money in the country.

The country’s president, Nayib Bukele, has also tweeted several times about Bitcoin after the move.

Crypto regulation a hot topic in 2021

Cynthia Lummis, a U.S. senator, has shown her colors as a promoter of the crypto industry on several occasions during a year filled with discussions on the regulation of digital assets.

An example from 2021 included his actions to fight vague crypto regulations.

Miami mayor kept his word

Francis Suarez, the mayor of Miami, Florida, tweeted in early 2021 noting his intention to push crypto into the city. Throughout 2021, Suarez has proven to be a positive force for crypto adoption both inside and outside of Miami.

He gave the opening speech at the Bitcoin 2021 conference, held in Miami. He also expressed his intention to receive BTC for part of his annual salary, among other crypto adoption moves.

Michael Saylor’s Bitcoin flow

This particular tweet from MicroStrategy CEO and Founder Michael Saylor might not be particularly special, but it represents the longevity of one of Bitcoin’s new cheerleaders.

Michael Saylor jumped on the Bitcoin bandwagon in 2020 and showed a continued passion for the asset until 2021. Throughout 2020 and 2021, with Saylor at the helm, MicroStrategy has amassed large piles of BTC. Saylor also personally possesses a bag of Bitcoin.

Saylor’s personal Twitter account has essentially become a BTC post feed.

Peter Schiff’s continued skepticism on Bitcoin

The tweet below from Gold Advocate Peter Schiff is also not particularly important in and of itself, but more so represents Schiff’s continued skepticism of Bitcoin. It’s a position he is known for throughout the crypto industry and a position he has maintained throughout 2021 – so much so that even his son, a staunch supporter of BTC, n not amended the spirit of Schiff senior.

Elon Musk’s impact

Elon Musk has tweeted about crypto several times and is known to pay attention to Dogecoin (DOGE). In February 2021, Tesla unveiled a $ 1.5 billion Bitcoin purchase. Tesla has also started allowing BTC as a method of payment.

Months later, in May, Musk tweeted an image explaining that Tesla’s stopping from accepting the BTC payment was due to concerns about Bitcoin’s energy balance. The price of Bitcoin dropped noticeably by the time Musk sent the tweet.

A crypto asset that would pose a problem?

Much of 2021 has included a discussion of US dollar inflation. Money printing in the United States has gone wild in the hands of government forces trying to alleviate the economic downsides of the COVID-19 pandemic.

In contrast, many networks in the crypto industry allow assets to be governed by the community; according to the project, many of them have the potential for fixed maximum supplies for the number of crypto assets that will be put into circulation. The tweet from co-founder of crypto firm Gemini, Cameron Winklevoss, shows what the US dollar would look like if it were a crypto asset.

A possible answer on the adoption schedule

It can be difficult to know where the new technology or industry fits on an adoption timeline. While opinions on the matter may vary depending on several factors, analyst Willy Woo’s tweet in February 2021 gave the public a possibility, comparing Bitcoin to the internet boom.

A sign of less technical adoption (or the top of a market?)

The course of 2021 was filled with many big players from the mainstream world getting involved in the crypto industry in one form or another. Famous actress Reese Witherspoon decided to dive into crypto this year, telling the world through a tweet.

The end of the crypto industry’s last major bull market before 2020/2021, however, saw singer Katy Perry reveal a photo of her fingernails painted with cryptocurrency logos on them in late January 2018 – close from the top of the market.

A crypto arena

Top of the list for 2021: The days when crypto became so mainstream that a large professional sports arena was renamed after a crypto company, but not everyone liked the decision.

Another year, another batch of tweets

Another year has passed in the ever-changing crypto industry, with 2021 proving that the industry still enjoys participating in one of the most important social media platforms in the world: Twitter.

Will 2022 be similar? Or maybe even better?

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