Jakarta, Pintu News – In a surprising recent development, JAN3 CEO, Samson Mow, has accelerated his Bitcoin price prediction previously set at 2031 to an earlier date.
This was driven by the White House’s unexpected support for Bitcoin. Mow revealed that this support could push the Bitcoin price to $1 million sooner than expected.
Check out the full news below!
Samson Mow, a known Bitcoin supporter, is feeling optimistic about the new support from the White House. Recently, the White House stated that “America will be the Bitcoin superpower in the world.”
This statement has significantly boosted the Bitcoin community and the potential for wider adoption in the future. This support comes after the crypto summit held on March 7, which marked an important step in recognising and integrating Bitcoin in American economic policy.
Mow believes that with government support, Bitcoin adoption will grow faster, positively affecting its exchange rate.
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Previously, Mow had predicted that Bitcoin would reach a value of $1 million by 2031. However, with this latest development, he believes that it could happen much sooner.
“I often find that things in Bitcoin happen faster than I expected,” Mow says. This prediction is not without foundation. Mow and his company, JAN3, have actively promoted Bitcoin in various countries, including El Salvador.
Despite skepticism from global financial institutions such as the International Monetary Fund (IMF) regarding El Salvador’s Bitcoin strategy, President Nayib Bukele’s support for Bitcoin remains strong.
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JAN3, founded by Mow in 2022 with $21 million in financial backing, has played an active role in developing Bitcoin technology.
In January, JAN3 successfully raised $5 million to accelerate the development and marketing of AQUA Wallet, a new Bitcoin wallet that utilizes Layer 2 scale technologies such as Lightning and Liquid Networks.
The funds are also intended to support the initiatives of countries that JAN3 is helping to adopt Bitcoin. With this support, JAN3 hopes to expand the use of Bitcoin and related technologies in more countries, strengthening Bitcoin’s position as the world’s premier digital currency.
With increasing support from various parties, including the US government, the future of Bitcoin looks even brighter. Samson Mow’s prediction of Bitcoin reaching $1 million may no longer be wishful thinking but could become a reality in the near future.
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This content aims to enrich readers’ information. Pintu collects this information from various relevant sources and is not influenced by outside parties. Note that an asset’s past performance does not determine its projected future performance. Crypto trading activities have high risk and volatility, always do your own research and use cold cash before investing. All activities of buying and selling bitcoin and other crypto asset investments are the responsibility of the reader.
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