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Bitcoiner Adam Back on Blockstream conspiracy theories and Satoshi question

cryptoweekly by cryptoweekly
May 7, 2025
in bitcoin, News
0

Bitcoin OG Adam Back is used to being asked if he’s Satoshi… and has to laugh at some of the crazy conspiracy theories about Blockstream.

For a man who many believe could actually be Satoshi, Blockstream CEO Adam Back is surprisingly understanding on the question of normies buying so-called paper Bitcoin via the ETFs.

You have to have some empathy for the people who want to buy Bitcoin, but they dont know how to do it, and its too complicated, Back tells Magazine. 

There are limits to his tolerance though. You also dont really want 90% of it in ETFs or something because that might start to become a problem, says the London-born, Malta-based cryptographer.

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  • ‘Major bummer’ — Users discover Ledger is sunsetting the ‘OG’ Nano S
  • Coinme pays $300K fine for violating California crypto ATM laws
  • Bit Digital falls 4% as it ditches Bitcoin mining for Ethereum
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  • GameStop fails to woo traders with $450M raise, possibly for Bitcoin
  • ‘Fiat is fading’ — USD lowest in 3 years as Bitcoin reclaims $107K
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