“The Window to Accumulate Bitcoin Is Rapidly Closing”: Samson Mow Warns
In a recent tweet, Samson Mow, the CSO at Core Scientific and a well-known figure in the crypto space, warned that “the window to accumulate Bitcoin is rapidly closing.” This warning comes as Bitcoin’s price surged above $107,000, sparking concerns about the asset’s potential for future growth.
Mow’s statement suggests that once Bitcoin surpasses its current all-time high and the world begins to use it as a standard unit of account, purchasing the cryptocurrency will become increasingly difficult. According to Mow, when this happens, users will no longer be able to buy BTC; instead, they will only be able to earn it.
The tweet sparked widespread discussion and speculation among crypto enthusiasts, with many interpreting Mow’s words as a dire warning about the potential for missed investment opportunities. However, some experts have challenged his claim, arguing that the concept of Bitcoin becoming an official currency and replacing traditional monetary systems is still in its early stages.
As Bitcoin continues to rise, it remains to be seen whether Mow’s predictions will come true.
Source: u.today