Samson Mow, CEO of Bitcoin-focused firm JAN3, believes Bitcoin is on the brink of an explosive price surge that could make it inaccessible to the average investor.
In a discussion with Anna Tutova, he highlighted how governments worldwide are beginning to recognize Bitcoin’s potential as a reserve asset, which could significantly drive up its value.
He pointed to the Czech National Bank as an example, noting that rather than merely researching the idea, they are actively putting Bitcoin reserves to a vote—an indication of how quickly adoption is accelerating.
Mow warned that governments that hesitate to secure Bitcoin holdings now may soon find themselves unable to afford meaningful reserves.
He cited Vancouver Mayor Ken Sim’s push to include Bitcoin in the city’s financial strategy, framing it as a move to ensure long-term prosperity. However, he cautioned that bureaucratic hurdles could slow down adoption, making it difficult for governments to act before Bitcoin’s price surges beyond reach.
Looking ahead, Mow sees the potential for Bitcoin to hit $1 million in 2025, emphasizing that those who fail to act now may regret missing out on what he views as a rapidly closing window of opportunity.
Bitcoin’s price remains in a tight range, with investors wary of potential declines.
Michael Saylor, chairman of MicroStrategy and a well-known advocate for Bitcoin, has outlined a set of 21 guiding principles that he believes define the essence of Bitcoin.
Bitcoin’s share of the total cryptocurrency market has surged to nearly 60%, marking its highest level in recent years as investors increasingly shift away from altcoins.
A recent Bernstein research report reveals that the U.S. government is considering the creation of a national Bitcoin (BTC) reserve, which could trigger a global rush among nations to accumulate the digital asset.