Samson Mow, CEO of Jan3 and Aqua, predicts Bitcoin could reach $1 million as demand outpaces supply. Speaking at the 'Acelerando Bitcoin' event in Paraguay, Mow highlighted Bitcoin's fixed supply of 21 million units and increasing demand from ETFs, corporations, and potentially national governments as key factors driving this potential price surge.
Mow criticized restrictive regulations such as the EU's MiCA but expressed cautious optimism about the U.S. Genius Act. He also discussed Aqua, his self-custody wallet project, which aims to facilitate the daily use of digital assets in Latin America, aligning with his vision of a Bitcoin-based financial system.
Samson Mow Foresees Bitcoin Reaching $1 Million Amid Rising Demand
Disclaimer: The content provided on Phemex News is for informational purposes only. We do not guarantee the quality, accuracy, or completeness of the information sourced from third-party articles. The content on this page does not constitute financial or investment advice. We strongly encourage you to conduct you own research and consult with a qualified financial advisor before making any investment decisions.