• 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

Coinbase Revenue Growth Amid Regulatory Challenges

chest

Coinbase reported significant revenue growth in stablecoins despite facing regulatory hurdles in the US.

user avatarJesper Sørensen

Solana's price indicates potential signs of rebound.

chest

Solana's price is recovering from recent losses, showing positive signs as it trades above key support levels.

user avatarRajesh Kumar

Bitcoin's Realized Capitalization Declines, Indicating Market Caution

chest

Recent data shows a decline in Bitcoin's realized capitalization, indicating a cautious market environment.

user avatarLucas Weissmann

Analyst Warns of Potential Death Cross for Bitcoin

chest

Analyst Ali Martinez raises concerns about a potential death cross on Bitcoin's 3-day price chart, which could signal a bearish trend.

user avatarEmily Carter

Market Reactions to Quantum Threats in Cryptocurrency

chest

Market reactions are mixed regarding the potential threat of quantum computing to cryptocurrencies, with some experts downplaying the risk while others call for immediate action.

user avatarFilippo Romano

Technical Indicators Show Bullish Momentum for Ethereum

chest

Technical indicators for Ethereum suggest a potential bullish trend as the MACD for ETHUSD is gaining momentum in the bullish zone, and the RSI is now above 50.

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.