• 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

BNB Price Stuck in Balance Between Supply and Demand

chest

BNB's price is currently fluctuating between moving averages, indicating market indecision.

user avatarElias Mukuru

Telegram Gifts NFT Surge Mirrors 2021 NFT Boom

chest

The recent surge in Telegram Gifts NFT reflects the 2021 NFT boom, showcasing a unique integration of digital assets with social identity.

user avatarMaria Fernandez

Ether Price Faces Bearish Pressure

chest

Ether's price has dipped below key moving averages, indicating bearish control.

user avatarGustavo Mendoza

Telegram Gifts NFT Trading Figures Rival Major Platforms

chest

The trading figures for Telegram Gifts NFT have recently rivaled those of top NFT platforms, reshaping perceptions of digital collectibles.

user avatarKenji Takahashi

Telegram Launches Gifts NFT Marketplace, Engaging Celebrities

chest

Telegram has launched its Gifts NFT marketplace, significantly impacting the digital ownership landscape.

user avatarDiego Alvarez

Binance Traders Show Strong Bullish Sentiment on ADA as Midnight Surges

chest

Top-tier traders on Binance are showing strong bullish sentiment towards ADA, with 69% holding long positions as Midnight reaches a $1.25 billion market cap.

user avatarRajesh Kumar

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.