Adam Back Predicts $100,000 Milestone by 2024

A renowned name in the cryptocurrency world, Adam Back is the CEO of Blockstream, a leading company in blockchain technology. Credited with the invention of the “proof-of-work” system used by Bitcoin, his expertise is revered in crypto circles.

In a recent appearance on Bloomberg, Adam Back, a major player in the Bitcoin community, shared his confidence in the digital currency. He emphasizes a potential price appreciation, anticipating that Bitcoin will touch the $100,000 mark before its 2024 Halving event.

Bitcoin has recently faced some hurdles. The COVID-19 pandemic and the war in Ukraine have added volatility to its price. However, Back’s optimism is unshaken, asserting that the future remains promising for Bitcoin.

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