Adam Back Challenges GRAM After Pavel Durov Says Nobody Prints Bitcoin

The article covers a public debate on X between Blockstream CEO Adam Back and Telegram founder Pavel Durov over monetary policy and token issuance. Durov praised Bitcoin as immune to government money printing, while Back countered that Telegram’s newly rebranded Gram token is still being “printed” through ongoing validator rewards. The piece emphasizes that Bitcoin’s fixed 21 million supply contrasts with GRAM’s inflationary model and governance-controlled issuance. While not a direct price catalyst, the article reinforces Bitcoin’s value proposition as a scarce asset versus newer tokens with expandable supply, potentially supporting BTC’s long-term store-of-value narrative. It also highlights Telegram’s token transition from Toncoin to Gram and the ongoing debate about what qualifies as sound digital money.