Lessons from the Advancing Bitcoin Conference: Builders Unite in a Bear Market

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Finding Sunshine in a Bear Market

Even as Bitcoin wallows in the low $20,000s, a spirit of optimism filled the air at the Advancing Bitcoin conference in London held on March 2-3. This annual event is a haven for developers, moving away from the usual buzzwords like “macro” and “debt spiral” to embrace the more intricate language of technology and code.

From Hobbyists to Professionals

Gone are the days of wide-eyed hobbyists doodling in notebooks and dreaming of crypto glory. Leon Johnson from Fedi shared how the attendee profile has evolved over the years. “In 2019, a lot of what I would call hobbyists, enthusiasts, tinkerers attended. Now, they’re climbing the ranks in Bitcoin companies,” he remarked. It seems the conference has unlocked the secret to transforming dreams into careers!

A Playground for Builders

The conference was not just a talk-shop; it was hands-on learning for all ages! Attendees, some as young as 10, dived into workshops and built hardware wallets from scratch. Now that’s one way to impress your friends! As Alex Leishman of River put it, attendees got to dig into the weeds of innovations like ordinals and the Lightning Network. It was like a tech enthusiast’s candy store, minus the stomachaches!

Coping with Bear Market Blues

Amidst the coding excitement, some gentle guidance was tossed around. Eric Sirion, co-founder of Fedi, suggested, “Don’t gamble — it’s a bear market, and bear markets are for building.” So, instead of checking prices every hour, why not check your code instead? Rockstars of the Bitcoin community reminded developers that sometimes a break is okay, and a temporary fiat job won’t hurt!

Charting the Future

As the conference wrapped up, the organizers revealed exciting plans for their next stop in Málaga, Spain, where the focus will shift towards businesses and institutions. It’ll be less about coding and more about commercial adventures, proving that whether it’s a bear market or bull, the Bitcoin ecosystem is ready to thrive!

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