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ADOPT #BITCOIN BEFORE NATIONS DO – Samson Mow – BFM022
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Personally I think we’re overdue for 1 million per Bitcoin in 2024 um just based on the entire macro economic situation so I guess my guess is 2024 1 million that’s the Outlook Omega candle is the next step after the god candle so we’ve been talking about a
God candle of uh 10K green on the daily for some time now an Omega candle is 100k green on the daily so when Bitcoin goes up 100K or 0.1 M Jan 3 chief executive officer and big Bitcoin bull Samson Mo believes Bitcoin will hit a massive $1 million per coin in
2024 Mo’s Ultra bullish case for the leading digital asset is predicated on a significant Supply shock which Mo believes is only weeks away the crypto asset’s current performance does not dissuade Mo as he believes the move to $1 million could happen in a matter of days if his predictions of the Omega
Candle become reality according to Mo the Omega candle is the higher version of the god candle which could see a price gain of up to $100,000 in one price jump in addition to the increased demand from ETFs and the coming Hing event Mo also predicts increased Bitcoin
Demand from nation states in fact Mo’s biggest warning for retail investors is to adopt Bitcoin before nation states do as the CEO of Jan 3 a Bitcoin focused firm fully committed to accelerating hyperbitcoinization most of Mo’s work involves orange pilling top government officials in countries and regions worldwide during an interview with Bram
Canstein Mo reveals that many nation states are interested in Bitcoin but need more significant price gains as motivation to come on board fortunately some of that motivation came with the approval of several spot Bitcoin ETFs by the US Securities and Exchange Commission Mo believes these countries and autonomous regions like madira only
Need a little more push in the form of significant price gains before before they are fully committed he adds that those price gains will come as we get closer to the harving event and more institutional investors come on board through black Rock’s ibit and other Bitcoin ETFs after that Mo predicts that
Things will get really crazy as nation states start buying possibly pushing Bitcoin to a million dollars per coin as we bring you clips from the interview please take a little time to like this video subscribe to the channel and turn on post notifications for more videos like this thanks and enjoy the video
Approval of the ETFs is actually very big for nation state adoption because uh it signifies that Bitcoin is okay now right when you can point like when we talk to some people it still comes up you know Bitcoin is risky and it’s not really uh it’s still something that
Criminals and hackers use Etc right but now we can say well the largest asset manager on the planet has an ETF and along with 10 others so it changes that discussion and it puts an end into that discussion immediately which is very powerful in in the tool bag of things
That we can use to Orange fill Nations we’re working with a number of countries right so there’s Columbia Surinam uh Prosper not a country but uh special economic zone uh Madera and Monro there’s a lot of countries that we are engaged with and you know there are more
That we haven’t talked about yet those are in their redacted column but okay there’s a lot of work to be done and I think as bitcoin price goes up as the ETF solidify and as these ETFs make their ad campaigns it makes it a lot easier for us to engage about Bitcoin
Like when bitcoin price tanked after FTX and Doan that was a very difficult time but even before we recovered to these levels we started to get some re-engagement again and that’s why we had those meetings towards the end of um 2023 but if Bitcoin does go to uh 0.1m
Or higher I’m sure there’s going to be a lot more countries coming and trying to engage and figure out what to do I think I posted a picture too that uh someone made I forgot who I I just pressed repost picture and it didn’t tag the guy
And I lost it but uh it was a calculation of how much exchange Bitcoin remains 1.4 million or so and how long it takes to exhaust that just by current ETF demand and it was like something to the order of 80ish days which kind of lines up with having so yeah time in
Theory all the exchange Bitcoin is hoovered up you have the having which Cuts Supply down more so it’s very interesting to look at these numbers next point the VIN effect I think it coin for luxury goods so the more expensive a luxury good is the more people value it because it’s a status
Symbol and it costs a lot and that’s what makes it luxurious and I think Bitcoin we’ve already proved that the velin effect works on bitcoin but unfortunately it was proved when we went down so when we went down no one wanted to buy it 15K it’s a horrible thing
Nobody wants that that that garbage Bitcoin right because it’s 15K but that proves that the effect will work when it goes up when we go to 0.1m or 0.5m that’s when Bitcoin is a very very attractive thing it’s also tied in psychologically to the market cap gold because at
0.25m or 0.5m we Eclipse gold market cap and that’s when Bitcoin is the new goal and that’s when the ETFs run their new campaign like this is the new goal and uh that’s basically anchors Bitcoin and yeah people will just want more Mo’s Ultra bullish sentiments for Bitcoin in
2024 are shared by many other prominent crypto personalities analytics firms and other crypt focused organizations according to recent reports Franklin b a partner with california-based hedge fund panta Capital believes Bitcoin is well positioned to take advantage of $500 billion worth of opportunities in the decentralized Finance sector in
2024 in a recently published note Franklin wrote technological unlocks and macro Trends are converging towards a breakthrough moment for defi on bitcoin a decentralized financial system May finally be emerging with Bitcoin at its foundation its potential is similar or greater than defi on ethereum today albe it following a different evolutionary
Path Franklin further noted that while the ethereum blockchain network has dominated defi historically Bitcoin is now writing a wave of positive Market sentiment that makes it well poised to serve as a preferred network for the next wave of defi applications and opportunities Franklin also estimated that the value of defi applications run
From $72 billion to $450 billion which are now up for grabs for Bitcoin it goes without saying that that will spur further development of the network and rapidly increase the price of the leading cryptocurrency here are more clips from Mo’s interview this this time he talks about macro Trends and how they
Will contribute to the Bitcoin and crypto bull market in 2024 we like to say as bitcoiners that Bitcoin fixes this and it applies to a lot of things Bitcoin fixes a lot of problems in society it fixes inflation it fixes the basement of currency it fixes potentially even bad governance
Too so that’s why we say it it’s a it’s like a bandid saying but the reality is Bitcoin fixes a lot of these things because a lot of things in the world are based off of our monetary system in fact you can look at human civilization as a
Whole is largely based on our ability to trade with one another and our ability to specialize and that ability comes from having this concept or construct of money where we can trade and exchange our time and value with one another so when that whole system becomes corrupted
And it can be manipulated by central banks governments Etc then everything breaks down and this is what we we are seeing in the world today and this is why Bitcoin fixes so many things so I guess the answer is Bitcoin is important because it fixes a foundational part of
Civilization and Society Fiat money is like a security blanket of sorts you know you can hold it and you think you’re safe but the reality is it doesn’t protect you from anything and in fact it might harm you but when you take away that security blanket you’re
Suddenly thrust into a world of having to take responsibility for things like yeah take responsibility of having custody of your own money and this is like an alien concept people that grew up putting their money in the bank to keep it safe whereas you know in the
1900s maybe at least you would maybe keep your gold bars and coins in a safe of your own so it’s just an alien concept now that I need to take responsibility and I need to keep my own money for myself the FED is thinking about pivoting like what what can you
Share about that well they have no choice but to Pivot right uh the funny thing is that the Bitcoin having cycle lines up nicely with the election cycle in the US so you know the it goes back to a lot of problems with governance but
We can go into that another time but you know the new Administration when they start they can do things but when it’s time for election they need to give free stuff to people again right they need to they need to get the people happy and get the vote right and they will
Sacrifice the future for that so that means renewed QE it has to happen also the debt is B win right the interest payments to service the debt in the US are getting to hundreds of billions of dollars and they just went up from 34 to
35 trillion in debt and if you know how compound interest works that you know that that is going to spiral out of control because it compounds right it’s like it’s exponential compound interest is exponential so they can keep that up and get more debt or they can lower
Interest and print money to service the debt because that’s the only way to deal with with that they have to print money from somewhere because it’s not going to come from GDP there’s just too much that has been sprinted printed and sent already so QE is inevitable as we go
Into QT quantitative tightening quantitative sorry quantitative hardening q q for Bitcoin in other news former US president Donald Trump took the entire cryptocurrency industry by surprise earlier this week when he told Fox News that Bitcoin has taken a life of its own and will probably need some
Regulation while this is not a direct show of approval of Bitcoin this is the closest Trump has come to doing so the former US president has always been critical of cryptocurrencies and he only recently reiterated his disdain for Central Bank digital currencies cbdcs on the basis that a digital dollar will
Give the federal government absolute control over people’s finances however in his latest appearance with Laura Ingraham on Fox News Trump seemed to have warmed up to cryptocurrencies particular particularly Bitcoin during the discussion Laura asked Trump if he thought adopting Bitcoin would be a logical step given that it’s decentralized free from government
Control and loved by younger people this was Trump’s response to the question I always liked One currency I call it a currency I like the dollar but a lot of people are doing Bitcoin and frankly it’s taken on a life of its own you probably have to do some regulation as
You know but many people are embracing it and more and more I’m seeing people wanting to pay Bitcoin and you’re seeing something that’s interesting so I can live with it one way or the other do you think Trump is finally warming up to bitcoin and other cryptocurrencies
Please drop your comments as well as your thoughts on Samson Mo’s interview in the comment section below also ensure you like this video subscribe to the channel and turn on post notifications for more videos like this thanks for watching that
14 Comments
You dream
Big dreams require big actions. Keep pushing forward and never give up!
Come on now. Letβs not get crazy, as much as we love too, but there is not enough inflows, but on top of it there are lots outflows too. FTX, Genesis selling doesnβt help.
Hopium is real w this one π
Every third world and second world countries should be adopting Bitcoin as we speak.. I don't know why they aren't
the perma shit-eating grin is a little offputting, ngl
Excellent πͺππ and Exactly π― brothers π― love the background tequila and relaxation bottles for when it is time to self meditate or unwind, true wisdom of life π€π
β1m in 2024β please β¦ such a scammer π
You are dreamer with this tulips mania
$1 million per coin in 2024? Hmmmm….π€ A rather bullish prediction.π
The world will definitely level the playing field throughout the world and therefore enrich lives. Keep pushing forward!!!
Update frontier 2024
Likeπ
Yes Well Stop Saying on YouTube itβs Gonna Happen.
The Truth is it Needs to Happen Simple as that Really.