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‘$1 Million Per BTC’ Samson Mow Explains Difference Between Gold and Bitcoin
Samson Mow, the well-known cryptocurrency expert, has recently shed light on a crucial aspect of investing in digital assets. In an interview, he emphasized that there is no fundamental reason why Bitcoin (BTC) should not reach $1 million per coin in 2025 or even earlier.
According to Samson Mow, one key difference between gold and Bitcoin is that gold’s supply is fixed while the supply of Bitcoin is capped at 21 million. This means that as demand for gold increases, the value will naturally decrease due to an unlimited supply. In contrast, the finite supply of Bitcoin ensures that there will be a natural upward pressure on its price.
Mow also emphasized that the recent strategic reserve announcements from central banks and governments had very little impact on sentiment in the cryptocurrency market. “The Cryptocurrency Fear and Greed Index is stuck at 46/100,” he noted, further highlighting the lack of enthusiasm around these announcements.
Source: https://u.today/1-million-per-btc-samson-mow-explains-difference-between-gold-and-bitcoin
