Bitcoin to Hit $1 Million Fast? Samson Mow Reveals Shocking Prediction

• Mow warns Bitcoin could hit $1M in sudden surge.
• Countries may issue debt to buy Bitcoin, Mow claims.
• Government mining signals hyperbitcoinization is approaching rapidly, says Mow.

Bitcoin could skyrocket to $1 million in a matter of weeks, not years, according to JAN3 CEO Samson Mow. He believes this price jump will happen suddenly due to an aggressive breakdown of fiat currencies worldwide.

In a recent interview, Mow explained that traditional currencies do not collapse slowly but tend to fail suddenly and dramatically. He indicated that this was the most probable case of Bitcoin’s sudden increase to the million-dollar mark.

Another essential pointer of what they should expect, highlighted by Mow, is the increasing government interference in Bitcoin. Countries have already started to mine Bitcoin at the state level.

Indeed, the country of Bhutan has been known to have mass-mined Bitcoins since 2019, with the current supply valued at close to one trillion dollars.

Also Read: Whale Moves $500M in XRP to Unknown Wallet, Shocking Crypto Community

Sovereign Debt May Fuel a Global Bitcoin Buying Spree

Governments with excess energy resources are now exploring ways to convert that surplus into economic power through Bitcoin mining. Mow believes these nations will soon begin issuing sovereign debt, using the proceeds to accumulate Bitcoin.

He even pointed to Michael Saylor as an example of such a strategy. Saylor’s company issued debt to purchase Bitcoin, and as Mow states, its proven effectiveness could prompt nations to replicate the model on a larger scale.

As soon as several countries take this step, Mow believes that the rest will do it promptly. This may produce a rapid upward slope in Bitcoin’s demand and consequently cause its price to skyrocket in a very short period.

He further said that the trend towards Bitcoin is no longer a hypothetical one across the globe. Nations are becoming vocal about their participation, and this is a change of attitude towards digital assets amongst government agencies. Mow is of the opinion that the trend is a confirmation that hyperbitcoinization is not just a possibility but an oncoming reality.

Samson Mow’s prediction centers on a rapid financial shift, not a slow market climb. With fiat systems under pressure and governments turning to Bitcoin, the path to $1 million per coin may arrive sooner than expected.

Also Read: Ethereum Set to Explode? Lubin Reveals SharpLink’s $19M ETH Buying Spree

The post Bitcoin to Hit $1 Million Fast? Samson Mow Reveals Shocking Prediction appeared first on 36Crypto.