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Adam Back’s Old Bitcoin Post From 2013 Still Relevant

A post written by Adam Back, a well-known figure in the Bitcoin space in 2013, resurfaced in 2025. He is one of the few people mentioned in the original Bitcoin white paper by Satoshi Nakamoto, the mysterious Bitcoin creator. In the old post, he shared his thoughts about Bitcoin when it had just crossed $100. Now, over ten years later, the post still feels very relevant. The 2013 Post That Feels New Again In 2013, many people were worried that they had missed the chance to buy Bitcoin. Some had bought at $30 or $100 and thought the price had already gone too high. Adam Back replied with a calm and thoughtful message. He said that in ten years, those people would still feel early. He was not trying to hype Bitcoin; he was sharing what he believed based on facts and experience. That same post will be shared again on social media in 2025. Many are surprised at how true it still feels today, even though Bitcoin ’s price is almost $100,000, and hope to rally soon. People Still Ask the Same Question: Is It Too Late? Adam Back saw his old post being shared again and commented on it. People still ask, “Is it too late to invest in Bitcoin?” However, this time, the question comes from large investors, banks, and fund managers. Back thinks this confusion is one reason why Bitcoin is still undervalued. Even though the price is much higher today, many people still do not fully understand the asset is worth or what it could become. One well-known person who agrees with Adam Back is Robert Kiyosaki, the author of Rich Dad, Poor Dad. He also believes that the asset is still early in its journey. Kiyosaki often says that Bitcoin is a smart way to store money . This is especially true with rising inflation and growing distrust in the traditional banking system. Bitcoin on Exchanges Is Dropping Adam Back also shared some data showing that the number of Bitcoins on exchanges is decreasing. This means more people are moving their Bitcoin into private storage. This means investors are holding onto their Bitcoin long-term and are not planning to sell it soon. At the same time, big investors are becoming more interested in Bitcoin. Large firms like BlackRock have launched Exchange-Traded Funds (ETFs), which allow people to invest in Bitcoin without directly holding it. Venture capital invests in projects that build new applications on top of Bitcoin, especially layer-2 solutions. These solutions help make Bitcoin faster and more useful. The post Adam Back’s Old Bitcoin Post From 2013 Still Relevant appeared first on TheCoinrise.com . CoinOtag

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Ethereum Faces Challenges Amid Heavy Sell Pressure and Potential Demand Absorption Zone

The current landscape for Ethereum (ETH) reflects significant sell-side pressure, reminiscent of the tumultuous bear market of 2022. As major holders initiate aggressive distribution cycles, the call for a robust CoinOtag