Despite Bitcoin's growth, why are there still non-believers? The name claimed to be Satoshi Nakamoto responded.

Bitcoin, once seen as a mysterious technology preferred by those wanting to acquire illegal products in the dark web world, has now entered the radar of many institutional investors, from Wall Street giants to the U.S. government.

However, despite all these developments, skepticism towards BTC has not completely disappeared. Heavyweights of traditional finance, such as JPMorgan Chase CEO Jamie Dimon and investment legend Warren Buffett, continue to voice their criticisms of Bitcoin.

The cryptocurrency world pioneer and Blockstream CEO Adam Back, in an interview, evaluated this situation by stating that the ongoing skepticism towards Bitcoin is not limited to financial circles, but even some figures in the tech world find it difficult to understand Bitcoin.

Let's also remember that there are some claims that Adam Back is the creator of Bitcoin, Satoshi Nakamoto. However, Back firmly denies these claims. Back is in the position of the founder of the proof of work concept on which Bitcoin is based.

Back, who said "Even people who know about topics such as encryption, peer-to-peer networks, privacy, and public key cryptography can remain indifferent. This is truly surprising," described the indifference of some members of the early cypherpunk community towards Bitcoin as "madness."

According to Back, the fact that Bitcoin is not a physical asset may be creating distrust in some people. However, reminding that Bitcoin relies on physical resources such as energy and mining equipment, Back believes that these criticisms are unfounded. This limited supply of Bitcoin, of which only 21 million units will be produced in total, makes it a true inflation hedge, according to many of its proponents.

The code structure of Bitcoin can sometimes be a subject of inquiry. JPMorgan CEO Jamie Dimon raised the question in a statement made in 2023, "Everyone says it is limited to 21 million, but how can this be guaranteed?" Dimon also described Bitcoin as "an exaggerated fraud." However, it is also known that JPMorgan actively uses the blockchain technology that underpins Bitcoin.

Back, recalling that Bitcoin was born after the 2008 global financial crisis and that the first block featured a newspaper headline about the bank bailouts of the time, stated that those satisfied with the system found it difficult to understand Bitcoin.

"If you have a well-paid job, are climbing the career ladder, life doesn't seem expensive for you, and you can pay your mortgage; then what Bitcoin promises is probably not meaningful to you," said Back, stating that Bitcoin inherently offers an alternative to the current system.