Bitcoin Advocate and JAN3 CEO Samson Mow Has Accelerated His Bitcoin Price Prediction

Bitcoin advocate and JAN3 CEO Samson Mow has accelerated his Bitcoin price prediction. He suggested that it could reach $1 million earlier than his model's original 2031 forecast.

Samson Mow, a recognized Bitcoin advocate and the CEO of JAN3, has recently accelerated his price prediction for Bitcoin.

In a recent tweet, Mow hinted at an earlier arrival of $1 million Bitcoin than his model's original 2031 timeline.

This adjustment in prediction follows what he describes as "unprecedented" support for Bitcoin from the White House.

"Since getting into Bitcoin, what I've consistently found is that everything always happens faster than I expect. And now we have the White House promoting Bitcoin," Mow remarked in response to a tweet from the White House that read, "America will be the Bitcoin superpower of the world."

"That's why my prediction is for a fast run to $1.0M. I'm front-running my own model which indicates $1.0M in 2031."

The comments follow a crypto summit at the White House earlier this year.

It remains to be seen whether the Trump administration will invite JAN3 to be as involved with Bitcoin initiatives in the U.S. as it has been with El Salvador.

Currently, the International Monetary Fund (IMF) and global financial institutions harbor skepticism towards El Salvador's Bitcoin strategy, mainly due to potential impacts on financial stability and money laundering risks.

While JAN3 was not directly targeted, the regulatory climate surrounding its work in El Salvador is not without contention. However, Mow does have the support of President Bukele who plans to continue acquiring Bitcoin.

In January, JAN3 secured $5 million in seed funding to accelerate the development and marketing of the AQUA Wallet, a new Bitcoin wallet utilizing advanced Layer 2 scaling technologies like the Lightning and Liquid Networks. This funding is also earmarked to support JAN3's nation-state initiatives.

Mow founded JAN3 last year with an initial investment of about $21 million.