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Title: ‘The Window to Accumulate Bitcoin Is Rapidly Closing’: Samson Mow Warns
As the crypto market continues to experience unprecedented growth, a prominent figure in the space has issued a stark warning to investors. In a recent tweet, Samson Mow, CEO of Blockstream Satellite, cautioned that the window for accumulating Bitcoin (BTC) is rapidly closing.
Mow’s ominous statement echoes his earlier predictions regarding the future of the cryptocurrency market. He previously warned that once Bitcoin surpasses a certain price threshold and reaches mainstream adoption, users would no longer be able to purchase it but only earn it through mining or other means.
The tweet reads: “It will be late when your utility bill arrives and it’s denominated in sats.” Mow implies that once the entire world is forced to use Bitcoin as a global reserve currency, any attempt to buy BTC would be futile. Satoshis, the smallest unit of BTC, are expected to replace traditional currencies.
Mow’s warning comes at a time when the cryptocurrency market is experiencing an unprecedented surge in adoption and price growth. In his earlier predictions, Mow emphasized that once Bitcoin reaches $100,000 or higher, it will become difficult for users to buy the asset.
Source: u.today
