Tags: Adam Back

Back also said BTC is holding on relatively well during the ongoing Trade War.

Resolving recent systemic failures in the cryptocurrency ecosystem and the prospect of spot Bitcoin ETF approvals could drive Bitcoin to $100,000 in 2024.

“I’ve been working on a new electronic cash system that’s fully peer-to-peer, with no trusted third party,” Satoshi said in an Oct. 31 email in 2008.

Adam Back has joined a growing roster of market commentators who are bullish on the price of Bitcoin ahead of next year’s halving event.

Venture capitalists have favoured ICOs in recent years, but Bitcoin-related startups are seeing renewed interest from investors.

If Back and Finney’s $10 million price prediction becomes true, the BTC market cap will reach approximately $200 trillion.

To this day, the exact identity of Satoshi Nakamoto remains a mystery.