The Forum of 28-29 October on Ceresio helped the general public to clarify and update themselves on the most recent fintech evolutions

The "Plan ₿ Forum" concluded in Lugano in recent days and especially on 28 and 29 October will be remembered, in addition to the numerous masterclasses and the presence of world-class professionals, for having offered a general public the opportunity to update and shed light on recent developments in techno-finance.
Because Bitcoin, the mother of all artificial currencies, the Blockchain, the digital protocols that allow exchanges, and even the ideological motive at the root of the origin of both, have recently been ignored by non-experts, fascinated rather by the strong swings of cryptocurrencies.

Off to “Plan B” and to Lugano, the Blockchain capital of Europe

Theory and practice and profit-loss of cryptocurrencies are to be kept separate

And it is precisely on these assumptions that the Forum sponsored by the Municipality of the city on the shores of Lake Ceresio and by Mayor Michele Foletti instead reminded those present that in the field of digital currencies, theory and practice, as well as the profit-loss ratio, despite understood as interdependent variables, in reality they are elements to be kept distinct.
Born as a spontaneous reaction of the market to the stock market crisis of 2008, the Bitcoin, the best known of the cryptocurrencies, in the decade of zero interest rates that we have just concluded, instead found itself involuntarily promoted as a form of investment exposed to market laws dominated by an out-of-control supply-demand relationship, and therefore theoretically susceptible to price manipulation .
Now, it is no coincidence that the current period of rising rates stimulates both a technical reflection and a media review of cryptofinance.
We report some of the topics examined by the experts present at the Forum.

USI, SUPSI and Franklin University alongside Lugano on the Plan ₿

Bitcoin is an autonomous currency: it does not consume more than other industrial activities

To begin with, Bitcoin, which can be defined as the part of the whole of a universe that today includes over 17.000 crypto-currencies globally, must be understood as an autonomous currency, and not as an artificial result of the daily equivalent in US dollars. , euros, or whatever.
On the subject of energy waste caused by the creation of Bitcoins, an issue that inevitably returned to the fore in world news, it must instead be recognized that this represents only a fraction of the climate waste generated by industrial activities and the use of traditional air conditioning systems.
But again: like all forms of investment, today's Bitcoin also requires caution.
Finance is a zero-sum business, experts recall.
Because for every investor who celebrates a profit, there's always another who inevitably suffers a loss.

The Assanges and Nabourema at the awaited Plan ₿ Forum in Lugano

The Blockchain is a digital protocol, and it can be exploited in the most diverse fields

Coming to the Blockchain, often misunderstood as the engine of the turbulent rise in prices, it was instead remembered that it is a digital protocol, flexible to the point of autonomously regulating many other aspects of commercial, administrative, and even artistic life.
We had not already noticed, we will be convinced in the coming years.
Acknowledging the presence and the now unstoppable evolution of digital activities, the Municipality of Lugano, in line with the economic development plans decided in parallel with the decline of traditional finance, has therefore undertaken to raise awareness of digitization among citizens, academic centers, social partners and economic ones present in the Ticino area, and to coordinate their activities, as well as to sign agreements in principle with foreign partners.

Bitcoin & Blockchain: Lugano, city in the Canton of… El Salvador

From Ticino universities to the partnership with El Salvador, Piazza Riforma "rules"

Witness the Memorandum of Understanding signed by the City of Lugano with the Republic of El Salvador during the sessions of the Forum; this Latin American country is the first in the world to have adopted Bitcoin as legal tender in 2021.
On the other hand, the task of promoting the use of cryptocurrencies remains with the private partners led by the Tether group, one of the international market leaders.

The Assanges and Nabourema at the awaited Plan ₿ Forum in Lugano

Live streaming of the “Plan ₿ Forum” in Lugano on October 28, 2022 (first day)

The live streaming of the "Plan ₿ Forum" in Lugano on 29 October 2022 (second day)