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Tag Archives: Adam Back

Adam Back: $10 Million Bitcoin Prediction Is ‘Closer Than It Sounds’

Bitcoin’s $10 million dollar price prediction hits Twitter. Is bitcoin a reserve currency? Some analysts believe U.S. dollar inflation will push bitcoin higher. According to Blockstream founder and cypherpunk, Adam Back, Hal Finney’s $10 million price point for bitcoin isn’t so far fetched, though, the reasons behind these levels may not be as apparent as you may think. When it comes to price predictions, crypto analysts often tout the most hyperbolic and...

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Cryptocurrencies Work Thanks to Key People, Not Blockchains

The outsiders may believe fancy Telegram graphs showing Bitcoin‘s decentralization levels and metrics. However, many of that stats supply data from a parallel reality. Because you cannot claim full decentralization when the majority of the industry is maintained by the same three to five companies. The will of the investors, not the cyberpunk spirit, changes the price of coins or destroys companies.There are at least seven influential people in the crypto space, including investors and...

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Adam Back: Altcoins Might Disappear Soon

Is it possible that altcoins could potentially disappear forever?Altcoins Don’t Have the Same Appeal They Once DidWhile they may not vanish into thin air, Adam Back – the CEO of Block Stream and the co-author of a bitcoin sidechains whitepaper – claims that the presence and stamina of presence bitcoin sidechains could lower interest in altcoins altogether, thereby making their appeal virtually non-existent.As it stands, currencies like Ethereum (ETH), Ripple’s XRP, EOS (EOS), and Litecoin...

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Co-founder of Ethereum, ‘Gavin Wood’ to Make First Stage Appearance in Korea

Gavin Wood, co-founder of Ethereum, to deliver keynote address at Asia’s largest blockchain weekly event, ‘Korea Blockchain Week 2019’, at the end of September. FactBlock, a global blockchain project-specializing accelerator, has revealed that it will be hosting Asia’s largest blockchain weekly event, ‘Korea Blockchain Week 2019 (KBW 2019)’, from September 27th to October 4th. Blockchain Industry Mogul Gavin Wood, Nick Szabo, and Adam Back to Gather in...

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Co-founder of Ethereum, ‘Gavin Wood’ to Make First Stage Appearance in Korea

Gavin Wood, co-founder of Ethereum, to deliver keynote address at Asia’s largest blockchain weekly event, ‘Korea Blockchain Week 2019’, at the end of September Gavin Wood, co-founder of Ethereum, to deliver keynote address at Asia’s largest blockchain weekly event, ‘Korea Blockchain Week 2019’, at the end of September. FactBlock, a global blockchain project-specializing accelerator, has revealed that it will be hosting Asia’s largest...

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