The former executive of Blockstream and promoter ofBitcoin(BTC), Samson Mow, commented that in the case of having a winter crypto, the same does not apply to Bitcoin.
The businessman, known for being the architect of theBitcoin BondsinThe Savior,I have added that they are taking the necessary steps to an adoption of BTC in the country.As on previous occasions, Mow had mentioned that “the adoption of Bitcoin inThe Savioris moving along remove well”, because it was not a race but a marathon.
This time, in an interview for the environment,Strategy and Business,Mow denied any possibility that Bitcoin is part of the crypto winter:
“Is that it depends on your point of view.For me, it is not a crypto winter.I've been in this space long enough.As a bitcoiner, this is simply a part of a process.I see (in bitcoin) as a long-term investment.If you went tobuy bitcoinfor immediate gains, and is going through this time, so probably if you feel like it is winter.Perhaps it is a winter of crypto, but it is not a winter of bitcoin.”
Mow added that in the case of the Goat ' Wallet-the official wallet of the Government of The Savior- “more and more people are adopting”. Also quoted MicroStrategy and El Salvador as constant buyers of Bitcoin.
“MicroStrategy is still buying Bitcoin, El Salvador continues to buy Bitcoin, thebitcoinerscontinue buying Bitcoin.It is not a winter-Bitcoin necessarily.It is a crypto winter, maybe.”
Samson Mow and Bitcoin bonds
Samson Mow mentioned regarding the Volcano Bonds , that the price of bitcoin would not have much impact on the demand for them. On the contrary, it could even be a good thing for them, as it would expand buyers' potential profits when sti price rises again.
Therefore, under the perspective of Mow, the backwardness of the bonds, Bitcoin should not be, to the fall in the price of BTC,but to many events of “Black Swan”, as in war, the energy crisis, international, and crime.However, it highlights Mow; the bond market has a potential demand for massive, seemingly will be well-received at the time of its launch.
“The bond market is massive, and there is an entire financial system waiting to be able to connect with Bitcoin, this is the bridge to the Hyperbitcoinization.We can do securities with Bitcoin, Bonds, Bitcoin, real estate transactions with Bitcoin”
BTC adoption continues
Samson Mow has been one of the main supporters of Bitcoin adoption in El Salvador. The creator of Bitcoin Bonuses is also well known for his predictions about BTC adoption in various countries around the world.
In the middle of the year, Mow noted in an interview with Kitco News , the growing possibility of more countries adopting the Bitcoin cryptocurrency as legal tender. Mow considers that the acceptance of cryptocurrency is advancing, and not only at a formal level, as in the case of Panama and the Central African Republic, but also through public promotion, an example of which has been the Mexican senator Indira Kempis and the billionaire businessman Ricardo Salinas . Fold .
“I think definitely within this year we may see another country appear. In fact, I am also working in several countries, with Bitcoiners to measure the ground in different places. There are two paths here. One is actively pushing Bitcoin, the other path is a natural adoption where (countries) find out for themselves and say, “Okay, let's go Bitcoin”. Our prospects look good this year.”
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