Early life and Net worth of Adam Back
Cryptocurrency is the world that is always has something latest happening there. Be it about cryptocurrencies or any new technology or the latest is the investment by big companies. Every day we will hear that some big firm has invested in cryptocurrency. Day by day the list of companies investing in cryptocurrency is getting long. Cryptocurrency is the future of the currency market. Since its release in the year 2009, it has created a stir in the whole market.
Sometimes, bitcoin is used as a synonym for cryptocurrency. Today, there are more than 4000 cryptocurrencies still the world of cryptocurrency is ruled by bitcoin only. Bitcoin was developed by a person called Satoshi Nakamoto. Who is Satoshi Nakamoto, From which country he is, no one knows? How does he look no one knows. Is he still alive, no one knows. He is just a name in the cryptocurrency world.
Adam Back is born in July 1970 in London, UK. He was interested in computers since his childhood his first computer was a Sinclair ZX81.
Adam Back is a cryptographer and cyberpunk. He has co-founded Blockstream in the year 2014. And in the year 2016, he was appointed as the CEO of Blockstream. He has also invented Hashcash that is used in bitcoin mining.
Exactly what is the net worth of Adam Back is not known but we can certainly say that he is definitely holding bitcoin at a very low price as he is a big supporter of the same. And if in the next 5 years his prediction turns out to be true then, he will also enter the list of wealthiest people in the cryptocurrency world.
Adam back Net Worth In the year 2020, while talking to Bloomberg Adam Back has predicted that bitcoin will reach $300000 in the next 5 years. And he further said that the investments by the institutional investors will not lead to this price rise.
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