Source: Cointelegraph Original: "{title}"

According to Blockstream CEO Adam Back, despite the market's turbulence due to geopolitical tensions and economic uncertainty, Bitcoin (BTC) has shown relative resilience in events like Trump's recent tariff situation.

While Bitcoin may fluctuate in sync with other risk assets in the short term, Back believes the long-term trend indicates a different scenario.

"Bitcoin has completely decoupled, as it has risen five to six times since the market bottom three years ago," he said in an exclusive interview with Cointelegraph during Paris Blockchain Week.

Back, one of the original cypherpunks and a significant contributor to Bitcoin's early development, predicted a strong wave of BTC adoption: regulatory clarity, institutional interest, and the legitimization of exchange-traded funds (ETFs). He noted that while most long-term holders are "all in" and unable to buy the dip, entities like BlackRock and sovereign wealth funds are stepping in, quietly absorbing supply.

The Blockstream CEO also mentioned the geopolitical aspect, discussing a scenario where a government might start actively acquiring Bitcoin. "If the U.S. government does not make large-scale purchases in the next five years, buying 1 million Bitcoins, it will leave more time for those new entrants who will eventually build positions in Bitcoin through brokers and ETFs."

Despite the volatility in the short term, Back remains optimistic about the mid-term outlook: "Generally speaking, there are about six 30% pullbacks in a bull market, so I think this might be where we are right now."

Watch the full interview on the Cointelegraph YouTube channel—subscribe for more exclusive conversations with big names in the cryptocurrency space.

免责声明：本文章仅代表作者个人观点，不代表本平台的立场和观点。本文章仅供信息分享，不构成对任何人的任何投资建议。用户与作者之间的任何争议，与本平台无关。如网页中刊载的文章或图片涉及侵权，请提供相关的权利证明和身份证明发送邮件到support@aicoin.com，本平台相关工作人员将会进行核查。