• 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

Gold and Silver Prices Hit Record Highs Amid Global Tensions

chest

Gold and silver have surged to record prices due to geopolitical tensions and inflation fears, prompting market analysts to revise their projections.

user avatarMaria Gutierrez

Federal Authorities Uncover Major Smuggling Operation of Nvidia GPUs

chest

Federal prosecutors uncovered a smuggling operation that illegally exported Nvidia GPUs worth $160 million from the US to China.

user avatarDavid Robinson

Zcash Experiences Significant Price Surge Amid Renewed Interest

chest

Zcash has experienced a significant price increase, rising over 25 in the past 24 hours, marking a powerful multimonth rally.

user avatarAndrew Smith

Institutional Investment Boosts Zcash's Market Performance

chest

Institutional interest in Zcash has surged, with significant purchases contributing to its price rally.

user avatarJacob Williams

Major Crypto Coins to be Listed on CEXs in Early 2026

chest

Several prominent cryptocurrencies are set to be listed on major centralized exchanges in early 2026.

user avatarZainab Kamara

Retail Investors Shift Focus to ETFs, Boost Gold Investments

chest

Retail investors shifted focus to ETFs, particularly the SPDR Gold Shares, leading to record inflows and a significant increase in gold prices.

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.