“$1 Million BTC” – Samson Mow by U.Today

Samson Mow, the CEO of JAN3 and a strong advocate for Bitcoin adoption by nation-states, has shared his outlook for the leading cryptocurrency as “Uptober” comes to a close.

Following a recent surge, Bitcoin has reclaimed the $63,000 mark and neared $64,000. Mow has expressed optimism that the positive trend will continue into November, dubbing it “No-dip-vember” as he anticipates no price declines during this period. Since the previous Wednesday, Bitcoin’s value has risen by 6.20%, climbing from $60,000 to about $63,800, although it has recently dropped slightly to around $63,520.

This upward momentum followed a robust US jobs report that exceeded economists’ predictions, prompting investors to allocate more funds to risk assets, including Bitcoin.

Additionally, Mow sparked intrigue over the identity of Bitcoin’s creator, Satoshi Nakamoto. In response to a claim by hedge fund manager Kyle Bass that Satoshi may be linked to Chinese intelligence, Mow shared his experience working in China in 2009, the year Bitcoin was launched. He pointed out an interesting coincidence in the spelling of “Satoshi Nakamoto” and the word “China” in hieroglyphs, suggesting that it cannot merely be a coincidence. Bass proposed that the creation of Bitcoin could have been an effort by China to challenge the US’s economic dominance.

This topic has garnered considerable discussion online, especially with the upcoming release of a documentary about Satoshi that promises to reveal the true identity of Bitcoin’s mysterious creator.