Bitcoin advocate and JAN3 CEO Samson Mow has accelerated his prediction for Bitcoin's price, suggesting it could reach $1 million earlier than previously expected.
Samson Mow's Prediction
Samson Mow, a well-known Bitcoin advocate and CEO of JAN3, has revised his prediction regarding the future price of Bitcoin. He now believes that Bitcoin may reach the $1 million mark considerably sooner than his earlier 2031 forecast. He attributes this optimism to the support from the White House.
White House Support
White House support has been a key factor in Samson Mow's updated predictions. Recently, the White House administration expressed its intention to make America a leading Bitcoin superpower. This statement came following a crypto summit on March 7, where the prospects for the cryptocurrency industry's development were discussed.
International Community Reaction
The International Monetary Fund and other global financial institutions have expressed skepticism about El Salvador's Bitcoin strategy. However, El Salvador's President Nayib Bukele supports collaboration with JAN3, continuing to plan Bitcoin purchases for the nation.
Despite some governmental support, the predicted rise of Bitcoin and its development continue to be closely monitored by the international community, which remains divided between advocates and skeptics of cryptocurrencies.
