Bitcoin Will Finally Reach $1 Million in the Future, Explained by Samson Mow

Bitcoin Will Finally Reach $1 Million in the Future, Explained by Samson Mow

In a tweet posted today, leading Bitcoin supporter and Jan3 CEO Samson Mow has suggested an important reason why the flagship cryptocurrency will eventually reach the $1 million price level in the future. It could even happen in 2024, he believes.

In a tweet posted today, leading Bitcoin supporter and Jan3 CEO Samson Mow has suggested an important reason why the flagship cryptocurrency will eventually reach the $1 million price level in the future. It could even happen in 2024, he believes.

Meanwhile, Bitcoin has surpassed $45,000, the highest level since April last year.

Bitcoin will eventually reach $1 million, according to Mow

Samson Mow, who used to work with cypherpunk and cryptographer Adam Back as CSO at Back’s Blockstream, now runs several Bitcoin-related companies to help nation-states adopt Bitcoin. He was one of those who contributed to the adoption of Bitcoin as the national currency in El Salvador a few years ago.

Mow believes that the leading cryptocurrency, Bitcoin, will eventually be worth a million dollars, and each time he suggests a different reason for his prediction. Today, he has given a new explanation for why he believes that it will ultimately be possible to see Bitcoin breaking the million-dollar level on crypto exchanges.

Mow believes that $1 million is a fairly realistic prediction for the leading digital currency. What’s more, according to him, a million dollars “is not much” considering “all the monetary business” that has been going on for the last few decades.

Many within the cryptocurrency community believe that the first prerequisites for the launch of Bitcoin were not observed during the mortgage market crisis of 2007-2008, but much earlier, that is, since the US dollar was no longer pegged to the standard. gold in 1976 and support from the US government was the only thing supporting the US dollar.

Additionally, over the past decade, the US government has printed massive amounts of dollars on multiple occasions and injected them into the economy during economic crises. The most recent huge dollar issuance occurred in 2020, during the pandemic, when more than $6 trillion was issued. More was printed in subsequent years, including 2023, to prevent banks and companies from going bankrupt.

Related
Dogecoin Founder Issues Remarkable Bitcoin (BTC) Statement

Among other factors that Mow expects Bitcoin to reach $1 million are the upcoming Bitcoin halving event in April of this year and the massive influx of funds into Bitcoin, as a dozen Wall Street firms await approval of their Bitcoin spot ETFs.

Leave a Reply

Your email address will not be published. Required fields are marked *

Best Exchanges
Buy, trade, and hold 600+ cryptocurrencies on Binance
Buy, trade, and hold 450+ cryptocurrencies on ByBit
Buy, trade, and hold 150+ cryptocurrencies on Kucoin
Buy, trade, and hold 100+ cryptocurrencies on BitFinex 
Buy, trade, and hold 150+ cryptocurrencies on CoinBase

Guru Investing is an independent source of information about investing , not controlled by any broker. All our reviews and guides are created honestly, according to the best knowledge and judgement of the members of our independent expert team; however, they are intended for informative purposes only and should not be construed as, nor relied upon as, legal advice. You should always make sure that you meet all regulatory requirements before making any financial operations . Copyright ©2024 Email for contact [email protected]
follow telegram
pornhd.com hindisexyporn.com kashmiri girls sex jayasex indaporn.info desi bhabi xxx xlnindia sexo-vids.com 1st time sex video たかはししょうこ動画 javfuck.mobi 真正中出し3本番 彩乃なな sex film sexy film xxxhindividoes.com xnxx indian teens
ano nga ba ang pangarap iwantmoreteleserye.com hello heart episode 3 reshma hot saree images nuporn.mobi xvidies com bihar chudai tubezaur.mobi heroine photo hot dasixx hardcoreporntrends.com ileana d'cruz hot photoshoot www.xxxsexvideo.com xbeegtube.mobi hindi movi
www sxe vidoes erohardcore.info boops sucking dehati fuck kitporn.info chuk chuk rail fuckcomix.com mojoporntube.net gujaratisexvidio probinsyano october 18 2021 full episode freeteleseryetv.net ang probinsyano july 14 2022 قصص سكس كرتون cmsextra.net سكس بنات تخينة