• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

Samson Mow on Covert Efforts Against Bitcoin Adoption by Countries

user avatar

by Giorgi Kostiuk

a year ago


Samson Mow, CEO of JAN3, recently expressed concerns about covert actions by international organizations working against countries adopting Bitcoin as legal tender.

IMF's Influence on Bitcoin Adoption

Mow believes the IMF and similar organizations are deliberately attempting to keep countries, particularly in the Global South, financially dependent on traditional systems. He argues that Bitcoin represents a threat to this status quo, offering nations a path toward financial independence by bypassing traditional debt structures and centralized control. In the Bitcoin community, these actions are seen as a form of financial manipulation by global financial institutions aiming to retain control over developing nations.

Global Response to Bitcoin Adoption

Despite these covert pressures, Samson Mow remains optimistic about Bitcoin's future. He highlights the potential of the United States, which could ignite a global trend by integrating Bitcoin into its financial reserves. Donald Trump, a 2024 U.S. presidential candidate, has hinted at plans to hold 200,000 Bitcoins as a strategic national asset if elected. Similarly, Senator Cynthia Lummis has introduced a bill advocating for a Bitcoin reserve, reflecting growing political interest in cryptocurrency.

Mow's Optimism for Bitcoin's Future

Mow acknowledges that while these proposals may face opposition, they could encourage other nations to follow suit. Some countries, such as Ukraine, Georgia, and Bhutan, have already begun storing Bitcoin as part of their national reserves, although much of this has come from seized assets.

In conclusion, Samson Mow continues to advocate for Bitcoin adoption, hoping for positive changes in the global financial system and increased independence from traditional financial institutions.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

chest

Other news

Bitwise Files Registration for Spot SUI ETF.

chest

Bitwise Asset Management has filed a registration statement with the SEC to launch a spot ETF for the SUI token, aiming to provide regulated exposure through traditional stock markets.

user avatarDavid Robinson

Ice Open Network to Launch Tokenized Communities and PUMPit Extension

chest

Ice Open Network is set to launch its Tokenized Communities framework on BNB Chain, allowing user profiles and posts to be represented as tokens, along with the PUMPit Chrome extension for direct token trading on X.

user avatarZainab Kamara

Bitcoin and Ether Prices Surge as Risk Appetite Grows

chest

Bitcoin and Ether prices have surged as market risk appetite increases.

user avatarRajesh Kumar

Gold and Palladium Prices Experience Corrections After Records

chest

Gold and palladium prices have decreased following recent record highs.

user avatarEmily Carter

Silver's Price Surge Alters Market Leaderboard

chest

Silver's price has surged to 84 6, flipping its position on the leaderboard and now sitting at 468T 11, while Nvidia remains at 463T 92 from its peak of 51T.

user avatarLucas Weissmann

RBLK Token Unveils Exciting New Year Bonus Ahead of Rollblock Launch

chest

RBLK token has introduced a 100% New Year Bonus for players, offering up to $200 in rewards for a $60 deposit, ahead of the Rollblock launch.

user avatarTomas Novak

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.