Bitcoin Expert Samson Mow Claims BTC Should Be Priced at $10 Million
Samson Mow, CEO of JAN3, stated that Bitcoin's true valuation could reach $10 million per coin if its full potential was understood. He emphasized that Bitcoin is undervalued and underestimated.
Key Points from Mow's Perspective
- Bitcoin acts as a revolutionary asset with a capped supply and decentralized nature.
- Mow believes that widespread misunderstanding among institutions and policymakers limits Bitcoin's growth.
- Top advocates like Michael J. Saylor predict Bitcoin could hit $10 million by 2035, while Bitwise's Matt Hougan expects it to reach $1 million in five years.
Institutional Demand for BTC
- Increasing interest from financial institutions and wealthy individuals in accumulating Bitcoin.
- Donald Trump has publicly supported Bitcoin and is reportedly buying it.
- Hedge fund manager Hugh Henry plans to sell his house to invest in Bitcoin.
- Binance CEO Richard Teng noted significant purchases of BTC by sovereign funds and high-net-worth individuals.
