Speaker’s stage appereances
Debate
Cypherpunks vs. Institutions: Who Owns Bitcoin’s Future?
The year 2025 marks a shift in the global Bitcoin sentiment. We may be crossing the chasm—from late adopters to early majority, and more critically, into the hands of institutions, sovereign wealth funds, and nation-states. ETFs, regulatory frameworks, and elite capital are reshaping the narrative.
But is this Bitcoin’s natural evolution—or a threat to its cypherpunk roots?
This debate gives voice to both sides of the aisle. The cypherpunk camp will defend the core values of privacy, censorship resistance, and grassroots scaling. Meanwhile, institutional advocates will argue that integration with the traditional financial system is inevitable—and even necessary for global adoption.
Who’s right? Will Bitcoin stay a tool for sovereign individuals, or become another layer of the legacy system? In 30 years, will we have real no-KYC self-custody—or will Bitcoin be ruled from within TradFi?
But is this Bitcoin’s natural evolution—or a threat to its cypherpunk roots?
This debate gives voice to both sides of the aisle. The cypherpunk camp will defend the core values of privacy, censorship resistance, and grassroots scaling. Meanwhile, institutional advocates will argue that integration with the traditional financial system is inevitable—and even necessary for global adoption.
Who’s right? Will Bitcoin stay a tool for sovereign individuals, or become another layer of the legacy system? In 30 years, will we have real no-KYC self-custody—or will Bitcoin be ruled from within TradFi?
Main stage
Fri, 11:20
EN More speakers
Harald Rauter
Chief Growth Officer 21energy GmbH and Board Member European Bitcoin and Energy Association (EBEA)
BTC Prague • Twenty one million s.r.o.