Samson Mow, CEO of JAN3 and a renowned Bitcoin advocate, has predicted a significant increase in US Bitcoin reserves, a move that could be pivotal for the future of cryptocurrencies.
Why Mow Believes in Expanded US Bitcoin Holdings
Mow highlighted the importance of actions taken by President Donald Trump, who issued an executive order for strategies to increase Bitcoin holdings, emphasizing Bitcoin-ETF legitimacy.
Bitcoin as a Strategic Asset: A New Era
Recognizing Bitcoin as a strategic asset could elevate it to gold-equivalent status, heralding a new era for digital assets and intensifying the global competition for dominance.
Challenging the Numbers: How Much Bitcoin Does the US Really Hold?
Mow disputes widespread figures, arguing the US may hold only 112,000 Bitcoins, with 95,000 expected to return to Bitfinex following their 2016 seizure.
Samson Mow's prediction suggests potential strategic shifts regarding Bitcoin. If validated, the US could strengthen its position in the digital asset market and significantly impact the global financial landscape.