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Blockstream CEO Adam Back: Even Tech Experts Struggle to Grasp Bitcoin’s Value

  • Blockstream CEO Adam Back highlighted a disconnect within the tech community regarding Bitcoin's value.
  • Despite having deep knowledge of foundational technologies behind Bitcoin, early tech adopters like cypherpunks initially dismissed the concept.
  • Back expressed surprise that individuals familiar with cryptographic principles showed little interest in Bitcoin.
  • He explained that Bitcoin's scarcity is backed by real-world resources like energy and mining infrastructure, countering skepticism toward digital assets without a physical form.

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