Adam Back, CEO of Blockstream, rejects using Satoshi Nakamoto quotes as definitive proof in Bitcoin scalability debates. He argues the pseudonymous creator contradicted himself repeatedly and was sometimes simply wrong. A 2008 quote showing Satoshi envisioned specialized server farms handling the load contradicts a 2010 statement that the chain could simply grow. Satoshi’s prediction that Moore’s Law would allow the chain to keep pace with hardware proved inaccurate, the chain now weighing approximately 744 gigabytes. Adam Back advocates for first-principles reasoning over interpreting old forum posts. Bitcoin (BTC) currently trades around $64,168, down roughly 49% from the record of $126,080 set in October 2025.
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