• 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

9 months 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.

Other news

Kima Network Integration to Improve Cross-Chain Stablecoin Swaps on ChainGPT Launchpad

chest

ChainGPT Launchpad announces a strategic integration with Kima Network to simplify stablecoin swaps in the Web3 ecosystem.

user avatarGiorgi Kostiuk

Bitcoin Surpasses $121,000: Analyzing Growth and Institutional Participation

chest

Bitcoin reaches $121,000 record. Increased trading volume and institutional investments drive the price surge.

user avatarGiorgi Kostiuk

Surge in Bitcoin Price Leads to $190.61 Million in Short Liquidations

chest

Bitcoin reaches a new high of $122,000, resulting in $190.61 million in short position liquidations. Analysis of the current market situation.

user avatarGiorgi Kostiuk

Rising Investor Interest in Dogecoin: Predictions for Growth

chest

Increased open interest in Dogecoin signals investor optimism. Current DOGE price is $0.2030, with a surge in trading volume.

user avatarGiorgi Kostiuk

3iQ's XRP ETF Achieves $50 Million in Assets Under Management

chest

3iQ's XRP ETF has become the largest in North America, surpassing $50 million in assets under management.

user avatarGiorgi Kostiuk

XRP Hits $3 Mark as Prices Climb

chest

XRP has surged past $3, reflecting a rising trend in the cryptocurrency market in recent weeks.

user avatarGiorgi Kostiuk
dapp expert logo
© 2020-2025. DappExpert. All rights reserved.
© 2020-2025. DappExpert. All rights reserved.

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.