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Adam Back Defines Bitcoin's Nature as Permissionless Bearer Money

Published on November 12, 2025

Categories: Bitcoin Market Analysis Opinion Technology

Blockstream co-founder and CEO Adam Back has weighed in on the fundamental debate surrounding Bitcoin's identity, asserting that BTC embodies the essence of permissionless bearer money. This statement contributes to the ongoing discussion about whether Bitcoin is digital gold, a store of value, or a revolutionary form of money.

Bitcoin (BTC) has long sparked debates over what it truly represents, with some arguing that it’s digital gold, a store of value, or a revolutionary form of money. Recently, Adam Back, the co-founder and CEO of Blockstream, weighed in with a bold statement, claiming that BTC embodies the essence of permissionless bearer money. Bitcoin As […]

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Social Media Prompt

A conceptual image illustrating 'permissionless bearer money', with the Bitcoin logo prominently featured, perhaps with a subtle silhouette of Adam Back in the background. Digital gold and a secure store of value are implied through subtle visual cues.