A look back at some of the most influential Tweets sent by cryptocurrency users in 2021

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We have witnessed yet another year of developments, drama, price swings, and innovation in the cryptocurrency industry – all moving at such a pace that even Barry Allen would have a hard time keeping up. In 2021, Twitter has served as a popular forum for crypto industry discussion, as it had in previous years.It’s been one of the most volatile years in cryptocurrency history, with Bitcoin (BTC) riding a price rollercoaster, non fungible tokens (NFTs) selling for millions, and Dogecoin (DOGE) reaching illogical highs. With people and companies posting all sorts of industry-related content to Twitter, the social network was right in the middle of the action.

The following are 10 notable crypto industry-related tweets from 2021 (in no particular order), as a time capsule or an update for those who do not follow the industry’s heartbeat. 2021 was an eventful year for the crypto industry on Twitter. See some few highlights below. 

Recognizing bitcoin as money

For the first time in its history, Bitcoin became an official form of currency in September 2020. El Salvador formally established the use of BTC as currency on Sept. 7, 2021. Following the move, Nayib Bukele, the country’s president, tweeted about Bitcoin several times. In 2021, cryptocurrency regulation is likely to be a hot topic. During a year filled with debate over digital assets, U.S. senator Cynthia Lummis displayed her support for the crypto sector on several occasions. One example from 2021 included when she fought back against vague crypto regulations in 2021.

Miami mayor kept his word

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Florida’s mayor, Francis Suarez, tweeted in early 2021 about his intentions to promote cryptocurrency in the city. Both inside and outside Miami, Suarez excelled at promoting the adoption of crypto throughout 2021. A Bitcoin 2021 conference was hosted in Miami, where he delivered the opening speech. Among other crypto adoption moves, he has stated his intention to receive BTC for a portion of his annual salary.

Michael Saylor’s Bitcoin feed

Despite not being particularly special, MicroStrategy’s CEO and founder Michael Saylor is demonstrating longevity by tweeting this, which is a distinct advantage for Bitcoin. MicroStrategy is run by Michael Saylor, who has invested in Bitcoin since 2020, and has shown commitment to the asset through 2021. During this time, the firm accumulated large amounts of BTC. Saylor owns some bitcoins personally. As a result, Taylor’s personal Twitter account has essentially turned into a stream of BTC tweets.

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Schiff’s skepticism about bitcoins continues

Peter Schiff, an advocate of gold, has also tweeted below. Schiff’s tweet is not particularly significant in and of itself, but more so represents Schiff’s continued skepticism of Bitcoin. Even his son, an avid supporter of Bitcoin, has not been able to change Schiff senior’s mind – given that he has always held this position throughout the crypto industry.

Elon Musk’s impact

Tesla revealed a $1.5 billion Bitcoin purchase in February 2021. Tesla also began allowing Bitcoin payments. Musk has tweeted about crypto multiple times and seems to be a fan of Dogecoin (DOGE). A few months later, in May, Musk tweeted out an image to explain Tesla’s decision to stop accepting Bitcoin payments was due to concerns related to Bitcoin’s fossil fuel energy toll. Bitcoin fell noticeably in price shortly after the tweet.

Despite the ever-changing crypto industry, it seems the sector is still interested in engaging on one of the world’s most popular social media platforms: Twitter.

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