Samson Mow, the founder of Jan3, suggests that global Bitcoin (BTC) adoption is set to accelerate as initial hesitations diminish across various nations.
In a recent interview on the “What Bitcoin Did” podcast with Danny Knowles, available on YouTube, Mow stated, “We’re nearing the end of a gradual phase and entering a period of rapid change.”
Mow highlighted the potential for a surge in countries establishing Strategic Bitcoin Reserves, observing, “These shifts can occur with surprising speed. It’s often a slow build-up followed by a sudden explosion.” He further commented:
“I believe it’s only a matter of time before we witness a significant price increase, driven by widespread FOMO, or fear of missing out, among nation-states.”
Mow noted that while former U.S. President Donald Trump issued an executive order to create a Strategic Bitcoin Reserve, the United States has not yet commenced actual Bitcoin purchases.
U.S. Actively Pursuing Bitcoin Strategy
Despite the lack of purchases, Mow emphasized that the U.S. is “moving forward” with plans for budget-neutral Bitcoin acquisition, referencing the proposed Bitcoin Act.
Alex Thorn, head of research at Galaxy Digital, recently indicated a high probability of the U.S. government establishing the Strategic Bitcoin Reserve before year-end.
Although the U.S. currently possesses the largest Bitcoin holdings among governments, Mow stated in a June interview with Cointelegraph Magazine that the nation “must begin” acquiring Bitcoin this year.
He cautioned, “The U.S. risks being outpaced by countries like Pakistan.” As of the time of reporting, the U.S. government holds 198,012 BTC, according to data from Bitbo.
Mow is particularly optimistic about Bitcoin adoption in Latin America, considering the region a prime candidate for significant Bitcoin-related developments.
The potential for nation-state Bitcoin adoption has been a recurring subject of discussion within the cryptocurrency sphere this year.
In a January research report, Fidelity Digital Assets projected that “more countries, central banks, sovereign wealth funds, and government treasuries will seek to establish strategic Bitcoin positions.”
Bitcoin Price Awaits Expected Rally
Mow also observed that Bitcoin’s price performance has not yet aligned with many market forecasts for 2025.
“We were anticipating a bull run by now,” he explained, “a substantial price surge.”
“Therefore, this market cycle, if it can be described as such, appears delayed and may extend into the following year,” he added. Several other market analysts have expressed similar views recently. For instance, on July 26, Matt Hougan, Bitwise’s chief investment officer, predicted that “2026 will likely be a positive year.”
Related: Bitcoin is Now Just One Way to Enter the Crypto Space for Retail Investors
Hougan also stated, “Overall, I believe we are heading into a favorable period for the next few years.” Bitcoin’s price is currently $109,400, reflecting a 1.97% decrease over the past month, according to CoinMarketCap.
The comments from Mow and Hougan come amidst ongoing debates regarding the continued relevance of Bitcoin’s traditional four-year market cycle, particularly in light of the introduction of ETFs and rising institutional interest.
Back in June, Mow asserted that Bitcoin reaching a $1 million price point “is practically inevitable, whether it happens this year or the next.”
Magazine: ‘Help! My robot vac is stealing my Bitcoin’: When smart devices attack