Blockstream CEO & Co-Founder.
Adam Back is a crypto-hacker and cryptographer born in London in 1970 and is currently living in Malta. Adam Back’s hashcash proof-of-work system is used in counterspam technologies and cryptocurrency mining. Adam Back is one of the first people to work on Bitcoin and was contacted by Nakamoto in 2009 to give his thoughts on hashcashes usage in Bitcoin. Adam Back is a founder of the technology company Blockstream, which is one of the main contributors to Bitcoin Core. As Blockstream’s CEO, Adam brought the company into being a leading developer of the Lightning Network, liquid sidechains and other interesting projects. Adam’s contribution to Bitcoin and cryptography development has made him one of the main cryptocurrency experts today. He is actively doing talks on such topics as privacy, scaling and the future development of Bitcoin.
Blockstream
British
Sliema, Malta
University of Exeter (South West England), Ph.D. in Computer Science
Blockstream - CEO
Blockstream CEO perceives that a time will come when the BTC halving supply shock effect will finally be felt.
According to the recent X post by Blockstream CEO Adam Back, the US Government offloading its Bitcoin stack is good for long term HODLers.
In addition to using BTC on X, Musk hinted at the possibility of using BTC as currency on Mars.
Anticipation is building for the approval of a spot Bitcoin ETF in January 2024. If it happens, it could bring a significant influx of at least $12 billion to $14 billion into the BTC market, potentially driving up the price.
While all the predictions from influential figures and institutions mentioned in our article provide intriguing insights, it’s always crucial to approach them with caution.