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Adam Back: Some ICOs Funded Useful Research Despite Being Unethical

We interviewed Back in order to clarify his position on the matter, starting with questions of how he feels about Satoshi Nakamoto essentially premining over one million Bitcoin. Back responded that “Bitcoin has no premine”, adding that he considers Patoshi research to be “highly speculative”. However, he agreed that Satoshi was able to amass a large amount of Bitcoin in the early days when the mining difficulty was low:

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Source: Cryptocurrency - investing.com

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