Crypto Twitter year in review: 10 influential tweets of 2021

Another
year
has
come
and
gone
in
the
cryptocurrency
industry,
leaving
behind
an
ocean
of
developments,
drama,
price
swings
and
innovation

all
moving
at
a
breakneck
pace
that
even
Barry
Allen
would
have
a
hard
time
keeping
up
with.
Similar
to
previous
years,
Twitter
has
yet
again
served
as
a
hotbed
of
crypto
industry
discussion
in
2021. 

Over
the
past
12
months,
Bitcoin
(BTC)
rode

a
price
rollercoaster
,
nonfungible
tokens
(NFTs)

sold
for
millions
of
dollars

and
Dogecoin
(DOGE)
reached

illogical
price
highs


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
sorts
of
industry-related
content.

Providing
a
glimpse
into
some
of
the
action

a
time
capsule
of
sorts
for
the
future,
or
maybe
an
update
for
folks
who
function
away
from
the
heartbeat
of
the
industry

here
are
10
notable
crypto
industry-related
tweets
from
2021
(in
no
particular
order).

Bitcoin
recognized
as
money

In
September
2020,
Bitcoin
dawned
a
new
hat,
taking
recognition
as
an
official
form
of
currency
for
the
first
time
in
its
history.
On
Sept.
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

several
times
after
the
move.

Crypto
regulation
a
hot
topic
in
2021

Cynthia
Lummis,
a
United
States
senator,

showed
her
colors

as
a
crypto
sector
proponent
on
multiple
occasions
amid
a
year

filled
with
digital
asset
regulatory
discussion
.

One
example
from
2021
included
her
actions
in

fighting
back
against

vague
crypto
regulations.

Miami
mayor
kept
his
word

Francis
Suarez,
the
mayor
of
Miami,
Florida,
sent
out
a
tweet
early
in
2021
noting
his
intention
to
push
crypto
in
the
city.
Throughout
2021,
Suarez
proved
to
be
a
positive
force
for
crypto
adoption
both
in
and
outside
of
Miami.

He
gave
the

opening
speech
at
the
Bitcoin
2021

conference,
hosted
in
Miami.
He
also

expressed
an
intention
to
receive
BTC

for
a
portion
of
his
annual
pay,
among
other

crypto
adoptive
moves
.

Michael
Saylor’s
Bitcoin
feed

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

Michael
Saylor
jumped
on
the
Bitcoin
train
in
2020
and
has
shown
a
continued
passion
for
the
asset
through
2021.

Throughout
2020
and
2021
,
with
Saylor
at
the
helm,

MicroStrategy
has
amassed

large
piles
of
BTC.
Saylor
also
personally

owns

a
bag
of
Bitcoin.

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

Peter
Schiff’s
continued
Bitcoin
skepticism

The
tweet
shown
below
from
Peter
Schiff,
a
gold
advocate,
is
also
not
particularly
important
in
and
of
itself,
but
more
so
represents
Schiff’s
continued

skepticism
of
Bitcoin
. This
is
a
position
he
is
known
for
throughout
the
crypto
industry
and
a
stance
that
he
continued
throughout
2021

so
much
so
that
even
his
son,
an
avid
BTC
supporter,
has
not

changed

the
mind
of
Schiff
senior.

Elon
Musk’s
impact

Elon
Musk
has
tweeted
about
crypto
on
multiple
occasions
and
is

known
for
paying
attention

to
Dogecoin
(DOGE).
In
February
2021,
Tesla
unveiled
a

$1.5
billion
Bitcoin
purchase
.
Tesla
also
began
allowing
BTC
as
a
method
of
payment.

Months
later
in
May,
Musk
tweeted
out
an
image
to
explain
Tesla’s
halt
in
accepting
BTC
payment
was
due
to
concerns
regarding
Bitcoin’s
fossil
fuel
energy
toll.

Bitcoin
fell
noticeably
in
price

around
the
time
that
Musk
sent
out
the
tweet.

A
crypto
asset
that
would
raise
issues?

A
good
portion
of
2021
has
included
a
discussion
on
U.S.
dollar
inflation.
Money
printing
in
the
U.S.

has
gone
wild

in
the
hands
of
government
forces
trying
to
alleviate
the
economic
drawbacks
of
the
COVID-19
pandemic.

In
contrast,
a
great
number
of
networks
in
the
crypto
industry
allow
for
assets
to
be
governed
by
the
community;
depending
on
the
project,
many
of
these
have
the
potential
for
fixed
maximum
supplies
for
the
number
of
crypto
assets
that
will
be
released
into
circulation.
Gemini
crypto
company
co-founder
Cameron
Winklevoss’
tweet
shows
how
the
U.S.
dollar
would
look
if
it
were
a
crypto
asset.

A
possible
adoption
timeline
answer

It
can
be
hard
to
know
where
new
technology
or
industry
sits
on
an
adoption
timeline.
Although
views
on
the
matter
can

vary
depending
on
multiple
factors
,
analyst
Willy
Woo’s
tweet
in
February
2021
gave
the
public
one
possibility,
comparing
Bitcoin
to
the
internet
boom.

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

The
course
of
2021
has
been

filled
with
numerous
mainstream
world
big
players

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
via
a
tweet.

The
tail
end
of
the
crypto
industry’s
last
major
bull
market
before
that
of
2020/2021,
however,
saw
singer
Katy
Perry
reveal
a
picture
of
her
fingernails
painted
with
cryptocurrency
logos
on
them
in

late
January
2018


close
to
the
market’s
top.

A
crypto
arena

Topping
off
the
list
for
2021:
the
time
when
crypto
went
so
mainstream
that
a
major
professional
sports
arena
was

renamed
after
a
crypto
company
,
but
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
the
sector
still
loves
participation
on
one
of
the
world’s
most
prominent
social
media
platforms:
Twitter.

Will
2022
prove
similar?
Or
perhaps
even
better?

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