Adam Back Calls Bitcoin 'Super Cheap' at Current Levels

Adam Back, the CEO of Blockstream, has just stated that Bitcoin is “super cheap” at its current market price of $66,720. This statement comes after a 4.77% fall in Bitcoin’s value. Back implies that the market does not fully understand the value of Bitcoin. He is of the opinion that a few bear markets are what it takes for the investors to understand the money’s value.