Adam Back is one of the earliest and most prominent champions of Bitcoin’s displacement of traditional finance via decentralization and self-sovereignty.

However, his latest move—selling 30,000 bitcoin (BTC) to Wall Street giant Cantor Fitzgerald via a SPAC—has drawn scrutiny from those who see it as betraying some of the principles he once passionately espoused.

Back was a cypherpunk. His community created BTC and fought for privacy, individual sovereignty, and displacing government-backed banking.

...read more at protos.com