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Adam Back has challenged GRAM after Telegram founder Pavel Durov stated that nobody prints $BTC, placing Bitcoin's fixed-supply guarantee in direct contrast with the economics of alternative tokens and forcing a public reckoning for GRAM's own issuance design.
Durov's Statement Pavel Durov, the founder of Telegram, made the assertion that "nobody prints Bitcoin." The remark cuts to the structural core of what separates $BTC from most other digital assets: its supply is protocol-enforced, with no issuer capable of expanding the count at will.
Durov's framing — whether intended as an endorsement of Bitcoin, a warning about other assets, or both — carries particular weight given his own connection to a separate token ecosystem.
Stating that nobody prints $BTC implicitly sets a standard, and standards invite scrutiny.
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