Speaking at the Bitcoin 2025 Conference, the Blockstream CEO brought up Hal Finney’s early prediction that Bitcoin’s addressable market could reach $200 trillion. What once sounded like a far-fetched dream is now, in Back’s words, becoming increasingly realistic.
“Today, we are a lot closer to that situation,” he said.
Back wasn’t just making bold claims—he pointed to real-world momentum. From governments to boardrooms, Bitcoin is steadily embedding itself deeper into global finance. “So I think Bitcoin is still early,” Back said, “but more mainstream players are starting to become involved. It is starting to become the foundation of global finance.”
He highlighted how El Salvador’s President became “patient zero” in this wave of adoption, helping spark a global movement. Now, according to Back, the orange-pill effect is spreading fast. “People in all layers of company management and politics have become orange-pilled,” he noted.
To support this explosive growth, Back announced Blockstream’s latest plans: helping take Bitcoin from 100 million users to 1 billion. The company is focusing on simplifying self-custody and making Bitcoin-native asset management more accessible than ever.
“We’re laser-focused on Bitcoin,” he said. “At Blockstream, we are here to provide the infrastructure to enable that.”
For Back, this is just the beginning. His message was clear—Bitcoin is evolving from a disruptive technology into the core architecture of future global finance. And with infrastructure players like Blockstream stepping up, that $200 trillion future doesn’t seem so far off anymore.
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