What early Bitcoin architect Adam Back thinks of this cycle

Adam Back, a key figure in the development of Bitcoin, shares his insights on the current cryptocurrency market cycle. He emphasizes the importance of technological advancements and adoption in driving Bitcoin's value. Back notes that while market volatility is expected, the long-term outlook remains positive due to increasing institutional interest and regulatory clarity. He also highlights the significance of Bitcoin's fixed supply in contrast to inflationary fiat currencies. Overall, Back remains optimistic about Bitcoin's role in the financial ecosystem.

Read the full article: CoinDesk