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Adam Back: National BTC adoption is a sign of success, not a betrayal of its ethos

May 03, 2026, 9:31 PM
Blockstream CEO Adam Back stated that state-level adoption of Bitcoin does not conflict with the cryptocurrency's original ideology, in an interview with Cointelegraph. He argued that recent interest from governments and nations is an indicator of Bitcoin's success. Back explained that technologies designed to shift the balance of power, such as the internet and cryptography, initially spread among individuals and early adopters before expanding to higher-level entities like governments over time.

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