Nation-state Bitcoin adoption to enter 'suddenly' phase soon
According to Samson Mow, founder of Jan3, nation-state Bitcoin adoption is transitioning from a gradual phase to a sudden one. He indicated that many countries, previously skeptical, are now preparing to increase their involvement with Bitcoin rapidly. Mow mentioned that significant changes could happen quickly, likening it to a state of panic among nations wishing to adopt Bitcoin. Despite the US previously signing an executive order to establish a Strategic Bitcoin Reserve, it has yet to start acquiring Bitcoin—raising the risk of being surpassed by other countries like Pakistan. Mow also expressed optimism about potential Bitcoin developments in Latin America. He noted that Bitcoin's price has not yet surged as anticipated for 2025, suggesting the bullish cycle might be delayed into the following year. Overall, the conversation reflects ongoing significant discussions in the crypto industry regarding nation-state involvement and the future of Bitcoin valuation.
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