Adam Back

In this discussion, Adam Back, a prominent Bitcoin developer and Blockstream co-founder, delves into the Core vs. Knots debate, shedding light on the challenges of blockchain spam and censorship risks. He highlights the exponential growth of inscription spam and its effects on block space, underscoring the dilemma of distinguishing legitimate uses from spam in Bitcoin. Adam emphasizes the importance of cautious protocol changes to maintain censorship resistance and cautions against introducing mechanisms that could lead to data deletion, which threaten Bitcoin’s foundational values.

Adam Back, Blockstream's Chief Scientist and a Bitcoin cryptography pioneer, joins James Macedonio to discuss the cutting-edge developments in ASIC miners. They compare ASIC building to crafting a high-performance race car and delve into the challenges of market reliability. The duo also addresses the oversupply of ASICs and the implications for Bitcoin's scalability, particularly regarding drivechains. With a focus on Bitcoin's scripting capabilities and innovative technologies, their insights provide a fascinating glimpse into the future of mining and blockchain transactions.

In a compelling discussion, Adam Back, a pioneer in cryptography and CEO of the Bitcoin Standard Treasury Company, shares insights on launching his Bitcoin treasury venture. He delves into how corporate treasury companies like MicroStrategy influence Bitcoin investments. Adam argues that Bitcoin should serve as a benchmark for long-term investing, while also exploring trading strategies linked to corporate treasury valuations. He emphasizes the importance of responsible Bitcoin stacking and addresses criticisms of corporate involvement in the Bitcoin ecosystem.

Join Adam Back, CEO of Blockstream and a legendary figure in the crypto world, as he tackles pressing Bitcoin questions. He unpacks whether it's too late to invest in BTC and discusses its recent surge against tech stocks. Back shares insights on institutional adoption and the looming FOMO that could drive prices higher. He also explores Bitcoin's evolution from its mysterious origins to being seen as a safe-haven asset. With predictions for future price movements and innovative investment strategies, this conversation is packed with Bitcoin wisdom!

Adam Back, Co-founder and CEO of Blockstream, discusses the thrilling trajectory of Bitcoin toward a potential $1 million valuation. He reflects on the early days of Bitcoin and Satoshi Nakamoto’s impact, elucidating Bitcoin’s evolution from a niche asset to a mainstream investment. Back highlights the growing institutional adoption and the implications for its future, including its potential as a digital currency and store of value. He also examines Bitcoin’s cultural influence and transformative potential in economies worldwide.

In this lively discussion, Adam Back, CEO of Blockstream and a Bitcoin pioneer, teams up with Chris Guida, a savvy Bitcoin and Lightning developer. They dive into the heated debate around Bitcoin's future—is it about payments or something broader? Adam argues for lifting limits on op_return to combat 'spam,' while Chris warns this may worsen the problem. Their chat also covers crucial historical lessons, the potential impact on miners' revenue, and whether the network could face splits. It's a must-listen for Bitcoin enthusiasts!

Join Adam Back, CEO of Blockstream and cypherpunk pioneer, alongside Sean Bill, CIO focusing on Bitcoin in institutional finance. They dive into the evolution of Bitcoin from tech innovation to financial services, discussing pension fund strategies and Bitcoin-collateralized lending. The guests shed light on how Bitcoin can democratize finance and provide solutions for underfunded pensions. They also explore the transformative potential of second-layer solutions like Lightning Network, reshaping the future of banking.

Join Cathie Wood, founder of ARK Invest, and Adam Back, a Bitcoin pioneer and CEO of Blockstream, along with Matt Corallo, a prominent Bitcoin developer, and Matt O'Dell, a Bitcoin advocate. They dive into the looming threat quantum computing poses to Bitcoin's security and discuss post-quantum cryptographic advancements. The conversation also touches on Bitcoin’s evolving role as a financial asset, user-friendly wallets, and growing institutional interest, providing insights into the future landscape of cryptocurrency.

Adam Back, CEO of Blockstream and early cypherpunk, discusses Bitcoin’s undervaluation and its journey towards potentially hitting $10 million. He shares anecdotes, including receiving the first known email from Satoshi Nakamoto. The conversation touches on the significance of a fixed supply, the effects of market halvings, and the psychological barriers affecting investor confidence. Adam also highlights Bitcoin's evolution amid economic crises and its transformative potential for individuals without traditional financial access.

support dispatch: ⁠⁠⁠⁠⁠⁠⁠⁠https://citadeldispatch.com/donate⁠⁠⁠⁠⁠⁠⁠⁠ EPISODE: 102BLOCK: 791518PRICE: 3734 sats per dollar TOPICS: Good Money vs Bad Money, Early Bitcoin History, Onboarding the Next Billion People, Silk Road, Anti Fragility, EnergyThis chat was a continuation of our conversation on stage at Bitcoin 2023 to end the conference: https://youtu.be/kAdPCHY_RzYAdam on Twitter: https://twitter.com/adam3usJack on Twitter: ⁠https://twitter.com/jackmallersnostr live chat: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://citadeldispatch.com/stream⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠nostr account: ⁠https://primal.net/odell⁠youtube: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://www.youtube.com/@citadeldispatch⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠podcast: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://www.podpage.com/citadeldispatch⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠stream sats to the show: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://www.fountain.fm/(00:00:37) Introduction and bitcoin events(00:02:11) Thanks to supporters and donation options(00:04:20) Introduction of guests(00:05:47) Discussion on the value of bitcoin(00:19:30) Bitcoin as a savings technology(00:27:17) Volatility and challenges in emerging markets(00:38:14) Why bitcoin has been successful compared to previous attempts(01:08:12) Volatility of bitcoin and its potential stability in the long term(01:22:53) Onboarding the next billion users to bitcoin(01:27:14) Different trade-offs in using exchanges and custodial lightning(01:28:10) Liquid as a trade-off between centralized exchanges and noncustodial options(01:29:44) Advantages and risks of using Liquid for trading and rebalancing Lightning channels(02:09:29) Bitcoin's future and scalability(02:10:26) The value of free markets and the maturity of bitcoin(02:11:24) Disappointment in backtracking on bold predictions