- Bitcoin advocate and CEO of Jan3, Samson Mow, cites a quote from Bitcoin creator Satoshi Nakamoto, hinting at Bitcoin’s potential as a form of money that can be traded over the internet without a third party.
- Mow also expresses his belief that Bitcoin will soon surpass the $60,000 mark, stating that the window to buy Bitcoin under $0.06M is rapidly closing.
- Despite a recent 12% plunge, Bitcoin has managed to stage a 3.85% recovery, currently trading at $58,990.
Bitcoin advocate Samson Mow cites Satoshi Nakamoto, hinting at Bitcoin’s potential as a digital form of money. Mow also predicts Bitcoin will soon surpass $60,000, despite a recent plunge in value.
Satoshi Nakamoto sends message through time
Samson Mow, CEO at Bitcoin-focused company Jan3, recently quoted a message from Bitcoin creator Satoshi Nakamoto. While the message does not mention Bitcoin directly, it speaks about the history of money origin and hints at Bitcoin’s potential as a scarce commodity that can be traded over a communications channel without a trusted third party.
Mow frequently quotes Satoshi
Mow often cites Satoshi on his social media platforms. He recently published an extract from the Bitcoin white paper authored by Nakamoto, in which Satoshi emphasized the importance of keeping public keys anonymous as a key feature of blockchain and Bitcoin.
Bitcoin will soon surpass $60,000 again, Mow believes
Earlier today, Mow shared his views on the upcoming Bitcoin price market action. He expressed his belief that Bitcoin will soon surpass the $60,000 mark, stating that the window to buy Bitcoin under $0.06M is rapidly closing. This comes despite a recent 12% plunge in Bitcoin’s value, from which it has managed to recover by 3.85%, currently trading at $58,990.
Factors influencing Bitcoin’s value
Various factors are believed to have contributed to Bitcoin’s recent plunge, including Binance founder CZ’s imprisonment for four months and the decision at the latest FOMC meeting not to cut interest rates. Despite these setbacks, Bitcoin continues to show resilience and potential for growth.
Conclusion
In conclusion, while Bitcoin has faced recent challenges, advocates like Samson Mow remain optimistic about its potential and future value. As the digital currency continues to evolve, it will be interesting to watch how its value fluctuates and how it continues to impact the financial landscape.
