Adam Back, the blocky brain behind BlockStream, the same fella who cooked up Hashcash and got a nod in the Bitcoin gospel penned by the elusive Satoshi Nakamoto, has tossed a wild bull into the ring of crypto dreams.
He’s jawing that this shiny electronic coin, the world’s pride and joy in digital cash, ain’t just gonna whimper along—it’s set to chase numbers so high they’d make a rooster blush. The man laid his fortune-telling cards down on the Milk Road podcast earlier this week.
Bitcoin at half a million? Adam says, “Why stop there?”
Back figures that even if Bitcoin waddles along at $100,000, it’s got the worth of a penny in Grandma’s jar. He’s picked a destiny where this coin will climb to at least half a million, then moonwalk all the way toward a cool million per shiny unit.
JUST IN: ADAM BACK SAYS #BITCOIN IS HEADED TO $500,000 OR $1 MILLION “THIS CYCLE” AND THAT CRITICS PROMISING “DIMINISHING RETURNS” ARE WRONG
“WE COULD BE HEADED TO A TIPPING POINT.” 🚀
— The Bitcoin Historian (@pete_rizzo_) April 23, 2025
He took a gander at the past couple of Bitcoin halving rodeos and noticed the price jump got a bit tired each time. But he points his finger squarely at the 2020 plague and the Federal Reserve printing money like it’s going out of style, throwing the whole dance off beat.
“I’m no Satoshi,” he says, again and again
When folks ask if he’s the shadowy Satoshi, Back chuckles and calls it a “fascinating topic” for the curious cats among us. He knows everybody wants the wizard behind the curtain to show their trick, but Satoshi’s been tiptoeing in the dark all along.
Adam Back @adam3us CEO of Blockstream
Will be live with us April 23rd – 12:05PM ET on X & YT
Talking Bitcoin origins, 200 WMA > $46K, Gold ATH, TradFi bridges & more
Turn your notifications on ⤵️
— Milk Road (@MilkRoadDaily) April 23, 2025
Back supposes the mystery makes folks spin wild tales, guessing maybe one of the early miners, or him himself—who got an email from Nakamoto and whose HashCash got a line in the sacred whitepaper—is actually the Big S. But no matter how many times he says it, he ain’t the ghost behind the curtain.
He emphasizes Satoshi worked solo, a lone cowboy coding away before scribbling the whitepaper. Back got a peek at that paper draft in 2008, but no collaborative hoe-down took place. According to him, that mysterious coder built Bitcoin first as proof to himself it wasn’t just smoke in the wind, then sent Back the blueprint.
So buckle up, folks. Whether the high price gospellers are prophets or just coin-flipping fortune tellers, Bitcoin’s ride looks like one helluva rodeo. 🤠💸
Read More
- Mr. Ring-a-Ding: Doctor Who’s Most Memorable Villain in Years
- Nine Sols: 6 Best Jin Farming Methods
- Luffy DESTROYS Kizaru? One Piece Episode 1127 Release Date Revealed!
- Top 8 UFC 5 Perks Every Fighter Should Use
- How to Get the Cataclysm Armor & Weapons in Oblivion Remastered Deluxe Edition
- You’re Going to Lose It When You See the Next Love and Deepspace Banner!
- Get Ready for ‘Displacement’: The Brutal New Horror Game That Will Haunt Your Dreams!
- Unlock Roslit Bay’s Bestiary: Fisch Fishing Guide
- Choose Your Fate in Avowed: Lödwyn’s Ruins or Ryngrim’s Adra?
- Prestige Perks in Space Marine 2: A Grind That Could Backfire
2025-04-24 14:54