ADAM BECK’S BITCOIN REALIZATION: WHAT KIND OF MONEY IS BTC?
https://www.tradingview.com/x/UcCQiwlt/
✍️ Adam Back, CEO of Blockstream, describes Bitcoin as permissionless bearer money, sparking debate among the crypto community.
👉 Bitcoin is described as permissionless bearer money by Adam Back, CEO of Blockstream. 👉 The Lightning Network, a Layer 2 protocol, is permissioned and partially centralized, introducing central points of control. 👉 Back's statement resonates with the original cypherpunk vision of self-sovereignty and financial privacy. 👉 Some critics argue that the Lightning Network compromises Bitcoin's permissionless nature. 👉 Crypto enthusiasts view Bitcoin as a form of money that prioritizes personal sovereignty, censorship resistance, and privacy.
-- #AdamBack #@cryptonator1337 #technology
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