• 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

Digitap Launches Christmas Campaign to Boost Presale

chest

Digitap has launched a Christmas campaign featuring incentives to enhance its presale dynamics.

user avatarDiego Alvarez

Bitcoin's NVT Golden Cross Suggests a Structural Reset

chest

Recent analysis suggests that Bitcoin is experiencing a structural reset following major capitulation events, rather than signaling a market top.

user avatarKenji Takahashi

Inference Labs and Cysic Join Forces to Revolutionize Verifiable AI

chest

Inference Labs and Cysic have announced a strategic partnership to enhance verifiable AI applications through decentralized computing.

user avatarMaria Fernandez

India's Rupee Faces Severe Decline Amid Trade Negotiation Stalemate

chest

India's rupee has significantly depreciated, making it the worst-performing currency in Asia this year due to stalled trade talks with the US and foreign investor withdrawals.

user avatarRajesh Kumar

New CFTC Chair Announces Landmark Cryptocurrency Bill Ready for Trump

chest

Michael Selig, the new CFTC Chair, announces that Congress is ready to send a comprehensive cryptocurrency bill to President Trump, aiming for clear US crypto regulation.

user avatarGustavo Mendoza

The Importance of Credit Score and DTI in Securing Low-Interest Loans

chest

The credit score and debt-to-income ratio are critical factors in securing low-interest personal loans.

user avatarJesper Sørensen

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.