Samson Mow, CEO of JAN3, a firm focused on Bitcoin technology, predicts that the price of BTC will skyrocket to astronomical levels, making it unaffordable for most people. In an interview with Anna Tutova, he believes governments worldwide will establish Bitcoin reserves, significantly increasing its value.
Mow points to countries like the Czech National Bank, which is seriously considering a Bitcoin reserve. He notes that these nations are taking concrete action, such as putting it to a vote, which will drive adoption and lead to significant price increases. This trend is expected to accelerate in 2025, with Mow predicting that BTC could reach $1 million.
The CEO also warns that governments slow to adopt Bitcoin reserves may face difficulties buying the cryptocurrency due to its rapidly increasing value. Vancouver Mayor Ken Sim’s efforts to add Bitcoin to his city’s reserves are an example of this challenge. With the council needing to execute a strategy within six months, Mow questions whether they can keep up with the pace.
Currently, Bitcoin trades at $97,435, up 2% in the last 24 hours.
Source: https://dailyhodl.com/2025/02/14/bitcoin-to-get-out-most-peoples-reach-within-a-year-says-btc-veteran-samson-mow-heres-why