I respect Adam Back's work, he is a great cryptographer and one of the original cypherpunks, but when he talks about the price of Bitcoin he only says bullshit that creates false expectations.
Discussion
All price predictions are bullshit.
Valuing a scarce asset against an infinite currency has no basis and makes no sense.
I can understand why someone might feel they can't wait any longer when considering that person's age.
Oh, are they not that old after all? I guess I can't really gauge the age of Westerners very well.
Satoshi would be disappointed in how he has become.
Bruh, Adam ain't Satoshi's son, he weren't even his hero.
Bruh I think you should try remembering who created proof of work, a critical infrastructure in bitcoin's success 🤦
https://nostr.download/6865834d96321aa80a566a9ec597eb68d8f910ec4d7ca925e6c99b18e88b9bb3.webp
Ain't denying that. I know that.
Still we need to not romanticise about people. Only acknowledge and appreciate them and their contributions (and continued contributions).
Just because Adam is very smart and came up with a pretty damn innovative and useful idea, doesn't mean that he has some sort of perfect character. Nor that Satoshi had any sort of expectations around his morals or character.
Adam knows what he's talking about. He might be wrong, but he's not spouting bullshit.
That whole sentence is an oxymoron.
I agree 😉✌️🤝
Many people confuse price prediction and wishes.
Bitcoin has no price. This number is just the purchasing power equivalent in fiat at a given moment. After pricing bitcoinization it will have no meaning.
I also like to espouse completely bullshit #Bitcoin / #BTC price predictions… 💁♂️
…and our targets match. 😏😂🤙