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Bitcoin pioneer and CEO of company JAN3, Samson Mow, holds an optimistic view about Bitcoin’s future. Mow believes that the price of one BTC will soar to a million dollars eventually. He further predicts that if this spike in price happens abruptly, it could cause significant “max pain” for some people. According to Mow, Bitcoin operates in unexpected and disruptive ways that could lead to the derailment of several future plans if the prices surge unexpectedly.
Mow’s company, JAN3, is dedicated to assisting nation-states in adopting Bitcoin and blockchain technology. He claims that an unexpected rise in BTC to $1 million could disrupt many schedules and plans set for the company in 2024. Such a surge would mean the company would run out of time to onboard nations, possibly leading to hasty, frantic outreach from about 50 countries. Mow also mentions the potential setbacks in Bitcoin network services such as Lightning Network, which would become unviable for those not using custodial wallets, leading to high transaction fees.
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