Simply Bitcoin

Samson Mow | $1M Bitcoin | Simply Bitcoin IRL

12 snips
Feb 23, 2025
Join Samson Mow, a key player in the Bitcoin sphere known for his sharp insights, as he shares his bold prediction of Bitcoin hitting $1 million soon. Filmed near a volcano in El Salvador, he discusses how nation-states are covertly accumulating BTC and why the IMF fears hyper-Bitcoinization. Mow highlights the collapse of fiat currencies, the volatility of Bitcoin's market, and the strategic implications of a U.S. Bitcoin reserve. His thoughts on the challenges of managing non-custodial wallets and the future of Bitcoin governance round out an enlightening conversation.
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INSIGHT

Bitcoin's Undervaluation

  • Bitcoin is significantly undervalued even at $100,000.
  • High demand from institutions and individuals, coupled with Bitcoin's limited supply, contributes to this undervaluation.
INSIGHT

Bitcoin Price Drivers

  • Bitcoin's price volatility is influenced by a relatively small number of coins on exchanges.
  • Increased hodling and DCAing will diminish the impact of these coins over time.
ANECDOTE

Operation Choke Point 2.0

  • Operation Choke Point 2.0 targeted Bitcoin and crypto adoption to protect the existing financial system.
  • The closure of banks like Signature Bank exemplifies this coordinated effort.
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