The David Lin Report Satoshi Cited Him, Now He Predicts Bitcoin’s $200T Future | Adam Back
Aug 5, 2025
Adam Back, CEO and Co-Founder of Blockstream, is a Bitcoin pioneer mentioned in Satoshi Nakamoto's white paper. He dives deep into Bitcoin's origins, discussing its evolution from centralized to decentralized finance. Adam highlights the risks of quantum computing and how it could impact Bitcoin's security. He also analyzes Bitcoin's potential as a superior digital currency, competing against gold. With insights on passive yields via CoreDAO, he emphasizes the importance of maintaining asset control while navigating the rapidly changing crypto landscape.
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Hashcash Origins and Bitcoin
- Adam Back's original proof-of-concept, Hashcash, was designed as an anti-spam postage stamp, not money.
- Within a day of posting, people recognized its mining potential and it contributed to Bitcoin's design ideas.
Bitcoin as Digital Gold
- Money naturally evolves as a scarce good serving as exchange medium.
- Bitcoin is the next evolution, a digital gold and improved hard money.
Halving as Market Heartbeat
- Bitcoin's halving cycle acts as an economic heartbeat influencing market cycles.
- Despite decreasing block rewards, the halving remains economically significant due to user behavior.