3 days ago
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Key Takeaways:
- BSTR positions itself as a direct competitor to Michael Saylor’s Strategy.
- Back plans active fund management on top of Bitcoin holdings, not just cold storage.
- BSTR filing is awaiting regulatory approval, details from filed documents disclosed.
Adam Back is not a peripheral figure in Bitcoin’s history. He is the inventor of Hashcash, the proof-of-work system that Satoshi Nakamoto directly cited in the Bitcoin whitepaper as the foundation for Bitcoin’s mining mechanism.
Back has been involved in cryptographic research and cypherpunk circles since the 1990s, and is the CEO of Blockstream, one of the most influential Bitcoin infrastructure companies in the space. When Back speaks about Bitcoin, it carries a different weight than most people in the industry.
Back’s prominence has led to persistent speculation over the years that he may be Satoshi Nakamoto himself. The theory is not without basis. His work ...
English (US)