
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...
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