Levolution at Bitcoin 2019

Bitcoin 2019 must not be missed! The California conference attracts global experts and industry leaders to discuss the future of cryptocurrencies and Bitcoin. A glimpse of the conference is posted on twitter.

Levolution team enjoyed this opportunity to sit down with major companies in the industry. While it is too early to be officially announced, following meetings to discuss the future of the platform, there are several innovative partnerships on the horizon for Levolution. One particularly interesting collaboration is with an organization that will distribute our platform in the international blockchain education sector. This relationship would expose millions of university students across the world to our product.

Among the other memorable moments at the Conference was a live video appearance by Edward Snowden, the infamous whistleblower. During his talk, he confirmed that he relied on censorship resistance of Bitcoin in 2013 to help leak data to journalists. During his talk, Snowden explained the advantages of Bitcoin as a decentralized currency that gives users the freedom to exchange and transact without supervision in a world that is extremely surveyed.

 “Bitcoin is free money […] you are able to exchange and interact permissionless. And when I think about privacy, that’s what it’s all about. What does liberty mean? It’s freedom from permission, it means we live our lives in a way that we can experiment, we can engage, we can try things, we can even fail, and we don’t have to get a permission slip from the principal’s office.”

Another impressive speaker at the conference was Tim Draper, who was an early investor in multiples Silicon Valley startups such as Skype and currently has a net worth of 1bn dollars. Draper invested in Bitcoin and made over $89M and he was extremely bullish about the next years.

Draper said that Bitcoin would reach $250,000 between 2022 and 2023, outpacing the entire currency market by far.

“Bitcoin will own 5% of the global currency market. This will definitely happen,” Draper said.

2019 saw Bitcoin raising from its lower levels around $3,100 to over $13,000 on June 26. Facebook revealed a website for Libra, its cryptocurrency scheme on June 18 when BTC/USD was hovering around $9,200. With the creation of its own currency, Facebook is bringing a lot of trust in the industry and will introduce its 1.3bn users to cryptocurrency. After the website went live, the Bitcoin surged to current highs above $11,300. Plenty of panelists and presenters at the Bitcoin 2019 conference in San Francisco had positive things to say about Facebook’s digital currency project.

“I think the best thing that bitcoin has done is it’s caused everyone to ask questions about what money is, and I think Libra is one of the better things to happen to bitcoin over the last ten years because it’s like wait a second: Why do we need Libra? What is this thing? It drives people to question what money is and what’s backing it,” said Lolli CEO Alex Adelman.

At Levolution we are leaders in answering these questions and are change agents defining the future of currency.

For more information, visit levolution.io or email contact@levolution.io

 

About Levolution

Levolution marries the latest blockchain technology with a groundbreaking ITO platform to aid blockchain startup companies in breaking through these barriers. Relying on social incubation and the team’s core internal competencies, the Levolution platform aims to help companies attack these barriers by sourcing innovative strategies from community members and ITO participants.