Bitcoin OG Adam Back, in an interview with Cointelegraph on April 30, 2026, addressed concerns about sovereign states rapidly accumulating Bitcoin and potentially contradicting its original purpose. Back argued that such developments are an inevitable sign of Bitcoin's success. He compared this trend to the adoption of the internet and cryptographic technologies, which initially aimed to shift power balances and were driven by early adopters, but eventually became embraced by higher-level entities like governments.
Adam Back Views State Bitcoin Adoption as Inevitable Success
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