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Adam Back publicly challenged GRAM after Telegram founder Pavel Durov argued that nobody prints $BTC — an observation Durov appeared to use as context for discussing Telegram's token.
Back's response framed the comment as an opening to scrutinize GRAM's own monetary design.
Durov's Bitcoin Framing Durov's stated premise — that Bitcoin's supply cannot be expanded by any issuer — is the protocol's central value proposition, and it is accurate: $BTC issuance is governed by code, not by any individual or organization.
Invoking that property, however, drew immediate attention to the implied contrast with GRAM, where the supply and issuance mechanics are governed differently.
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