Bitcoin Could Suddenly Go to Zero, Samson Mow Says, But Here’s Nuance
Main Idea
Samson Mow warns that Bitcoin could suddenly drop to zero or surge to $500,000, emphasizing that people often hesitate to buy Bitcoin while corporations and nations are accumulating it.
Key Points
1. Samson Mow suggests Bitcoin could go to 'zero...point five million,' highlighting extreme volatility.
2. Mow notes that individuals often delay buying Bitcoin, unlike corporations and nation-states actively acquiring it.
3. He attributes the hesitation among individuals to a lack of understanding rather than access issues.
4. Mow's company, JAN3, is developing tools like Aqua Bitcoin to help more people join the Bitcoin network.
5. Spot Bitcoin ETFs and corporate strategies are driving increased accumulation of Bitcoin, reducing available supply.
Description
Samson Mow makes warning to those who delay buying Bitcoin
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