Adam Back: How Bukele Is TACTICALLY Making El Salvador Wealthier Than Germany (Bitcoin Treasury)

About this episode

Dr. Adam Back discusses the oversight of the academic elite regarding Bitcoin and the implications of Bukele's policies in El Salvador.

Why did the academic elite fail to see Bitcoin coming? Dr. Adam Back (@adam3us), the inventor of Hashcash, explains that professors were too obsessed with centralized bank models to conceive of a proof of work system that replaces central authority. While the ivory tower refined flawed systems, cypherpunks built a reality that does not require a middleman. Adam’s journey started on the front lines of digital privacy, using his PhD as a license to hack. He laid the foundation for electronic ca...

People in this episode

Host: Mike Peterson

Guest: Dr. Adam Back

Topics covered

• Bitcoin
• El Salvador
• digital privacy
• centralized banking
• cypherpunks
• proof of work

Keywords

• Bitcoin
• El Salvador
• Adam Back
• Hashcash
• centralized banking
• cypherpunks
• digital privacy

Mentioned in this episode

Organizations: Hashcash

Places: El Salvador, Germany

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