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Crypto Twitter year in review: 10 influential tweets of 2021

December 27, 2021No Comments


Another year has come and gone in the crypto industry, leaving behind an ocean of developments, drama, price fluctuations, and innovation, all moving at a breakneck pace that even Barry Allen would have a hard time keeping up. As in previous years, Twitter has returned to being a hotbed of debates about the crypto industry in 2021.

During the last 12 months, Bitcoin (BTC) amount a price roller coaster, non-fungible tokens (NFT) sold for millions of dollars and Dogecoin (DOGE) reached illogical high prices - and that's just the tip of the iceberg. Twitter, of course, sat right in the middle of the action, with people and companies posting all kinds of industry-related content.

Providing a glimpse of some of the action, a kind of time capsule to the future, or perhaps an update for folks working away from the heartbeat of the industry, here are 10 notable tweets pertaining to the crypto industry from 2021. (in no particular order)).

Bitcoin recognized as money

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

The country's president, Nayib Bukele, also tweeted about bitcoin multiple times after move-in.

Crypto regulation, a hot topic in 2021

Cynthia Lummis, United States Senator, showed his colors as a proponent of the crypto sector on multiple occasions during a year full of regulatory discussion of digital assets.

An example from 2021 included your shares in fighting Vague crypto regulations.

The mayor of Miami kept his word

Francis Suarez, Mayor of Miami, Florida, sent a tweet in early 2021 noting his intention to boost cryptocurrencies in the city. Throughout 2021, Suรกrez proved to be a positive force for crypto adoption both inside and outside of Miami.

Gave him the keynote speech at Bitcoin 2021 conference, organized in Miami. He too expressed his intention to receive BTC for a part of their annual salary, among others crypto adoptive movements.

Michael Saylor's Bitcoin Feed

This particular tweet from MicroStrategy CEO and founder Michael Saylor may not be particularly special, but it represents the longevity of one of Bitcoin's newest cheerleaders.

Michael Saylor jumped on the Bitcoin train in 2020 and has shown an ongoing passion for the asset through 2021. Throughout 2020 and 2021, with Saylor at the helm, MicroStrategy has accumulated large stacks of BTC. Saylor also personally has a bag of Bitcoin.

Saylor's personal Twitter account has essentially become a stream of BTC posts.

Peter Schiff's Ongoing Skepticism About Bitcoin

The tweet below from Peter Schiff, a gold advocate, isn't particularly important in and of itself either, but more represents the continuation of Schiff. Bitcoin skepticism. This is a position that he is known for throughout the crypto industry and a stance that he held throughout 2021, so much so that even his son, an avid BTC supporter, has not. change Schiff senior's mind.

The impact of Elon Musk

Elon Musk has tweeted about cryptocurrencies multiple times and is known for paying attention to DogecoinDOGE). In February 2021, Tesla filed a Purchase of Bitcoin for $ 1.5 billion. Tesla also started allowing BTC as a payment method.

Months later in May, Musk tweeted an image to explain that Tesla's suspension of accepting the BTC payment was due to concerns about the cost of Bitcoin's fossil fuel energy. Bitcoin fell noticeably in price at the time Musk tweeted.

A crypto asset that would pose problems?

A good part of 2021 has included a discussion about the inflation of the US dollar. Printing money in the USA It has gone mad in the hands of government forces trying to alleviate the economic drawbacks of the COVID-19 pandemic.

In contrast, a large number of networks in the crypto industry allow assets to be governed by the community; Depending on the project, many of these have the potential for fixed maximum supplies for the amount of crypto assets to be put into circulation. The tweet from the 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 in the adoption schedule

It can be difficult to know where a new technology or industry is in an adoption timeline. Although opinions on the matter may vary depending on multiple factors, analyst Willy Woo's tweet in February 2021 gave the public a chance, to compare Bitcoin to the internet boom.

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

The course of 2021 has been packed with numerous 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.

However, at the end of the crypto industry's last major bull market before 2020/2021, singer Katy Perry revealed a picture of her fingernails painted with cryptocurrency logos on end of january 2018 - near the top of the market.

A crypto arena

Topping the list for 2021: the time when cryptocurrencies became so widespread that it became a major professional sports field renamed after an encryption companybut not everyone liked the move.

Another year, another batch of tweets

Another year has come and gone in the ever-changing crypto industry, with 2021 proving that the sector still loves participating in one of the world's leading social media platforms - Twitter.

Will 2022 turn out similar? Or maybe even better?