Adam Back: Bitcoin is approaching Hal Finney's dream of 200 trillion dollars
Long-term vision
Blockstream co-founder Adam Back stated that Bitcoin is gradually approaching Hal Finney's vision of surpassing a market capitalization of 200 trillion dollars.
Bitcoin as a global cash alternative
Back sees that global inflation and the failure of traditional monetary systems are increasing the appeal of Bitcoin as a global sovereign option.
Market reaction
The statements contributed to supporting bullish sentiment, especially after Bitcoin once again surpassed the $110,000 barrier.
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