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Title: “The Window to Accumulate Bitcoin Is Rapidly Closing’: Samson Mow Warns
In a recent tweet, Samson Mow, the former CSO of Blockstream and current CEO of FIG Investments, has sounded an alarm warning that the window for accumulating Bitcoin is rapidly closing. This comes as Bitcoin prices soar to new heights, with the cryptocurrency recently breaking above the $107,000 mark.
Mow’s statement echoes his previous predictions made earlier this year when he warned that once Bitcoin reaches a certain price threshold and adoption level, it will be too late to buy BTC because utility bills and other expenses will start being denominated in Satoshis. He emphasized that users will then only be able to earn Bitcoin, not buy it.
Samson Mow’s warning serves as a stark reminder that the cryptocurrency market is rapidly evolving. With prices hitting record highs, many investors are scrambling to get in on the action before it’s too late.
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Source: u.today
