Bitcoin pioneer Adam Back, one of the earliest cypherpunks who helped lay the ideological foundation for Bitcoin, believes that the bitcoin price is on its way to hitting $100,000, and that the move is “overdue.” 

Back has been involved with Bitcoin since its earliest days, contributing to technology like Hashcash, which influenced Satoshi Nakamoto’s design of the proof-of-work system that secures Bitcoin and finalizes its transactions.

In a recent interview, Back explained his bullish perspective on Bitcoin’s potential. “I think it’s kind of overdue already,” he said about Bitcoin reaching a six-figure valuation.

“Bitcoin has been performing quite well, and many new applications like…

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