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Samson Mow On Wikipedia: Buy Bitcoin To Stop Begging For Donations!

Sun 01 Dec 2024 ▪ 4 min read ▪ by Mikaia A.
Getting informed Invest

Ignoring the potential of Bitcoin is risking missing the greatest financial turning point of the century, warn the maximalists. While companies in search of stability are still hesitant, voices like that of Samson Mow, CEO of JAN3, reiterate their alert. In this context, Wikipedia is once again called upon to adopt BTC, a flagship cryptocurrency. The heated debates around this suggestion reveal much deeper stakes for the future of the crypto market.

Portrait of Samson Mow holding a bitcoin coin and Wikipedia insert

Wikipedia and Bitcoin: A Missed Romance?

Samson Mow, a fervent defender of Bitcoin but considering Bitcoin ETFs as a danger, recently called out Wikipedia on X. His recommendation? Invest in BTC to stop begging for donations. He illustrates his point with a screenshot of a fundraising email sent by Wikipedia, accompanying it with a biting reminder: if the platform had followed his advice years ago, it would no longer need to “beg endlessly“.

This statement reignited tensions between Mow and Jimmy Wales, the founder of Wikipedia, known for his sharp criticisms of Bitcoin. Last year, Wales joked about the possibility of losing his fortune by forgetting a password. The crypto community did not hesitate to react, notably Paolo Ardoino, CEO of Tether, who predicted a future where decentralized alternatives would replace Wikipedia.

  • Since 2022, Wikipedia has refused donations in Bitcoin;
  • The adoption of BTC could have generated millions in savings for the encyclopedia;
  • Nevertheless, pro-crypto arguments still struggle to convince its leaders.

Crypto Market: A Disconcerting Adoption

Samson Mow does not just criticize, he prophesies. According to him, the price of Bitcoin will one day reach a million dollars. A bold statement, especially in a market where recent fluctuations even surprise the most optimistic. Yet, Mow remains convinced:

Buying the dip is preparing for the future. “.

The CEO of JAN3 highlighted a contradiction last June: the price of Bitcoin decreases while adoption explodes. There has been a striking imbalance between the capital available in the market and the BTC in circulation. With a limited supply and growing demand, maximalists saw this as an inevitably bullish future.

While some investors are worried, Mow invites reflection: why let an opportunity slip by when everything points to a scarcity of the asset? ” The available capital far exceeds the imaginable “, he asserts, suggesting that the potential of BTC is still largely underestimated.

As a final reflection, Michael Saylor, another Bitcoin maximalist, reminds us that the union of Apple and Bitcoin could change everything. Not boarding this train could cost much more than expected.

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Mikaia A. avatar
Mikaia A.

La révolution blockchain et crypto est en marche ! Et le jour où les impacts se feront ressentir sur l’économie la plus vulnérable de ce Monde, contre toute espérance, je dirai que j’y étais pour quelque chose

DISCLAIMER

The views, thoughts, and opinions expressed in this article belong solely to the author, and should not be taken as investment advice. Do your own research before taking any investment decisions.