Samson Mow Predicts ‘Panic’ Bitcoin Buying by Governments

Countries are shifting from skepticism to acceptance of cryptocurrency.

Countries are shifting from skepticism to acceptance of the first cryptocurrency, according to Samson Mow, founder of JAN3, speaking on the podcast What Bitcoin Did.

“I think we are at the end of the ‘gradually’ phase and at the beginning of the ‘suddenly’ phase,” the expert noted.

According to him, this will lead to a ‘panic’ buying of the asset by governments in an effort to build strategic reserves in bitcoin.

Mow recalled that U.S. President Donald Trump signed an order to create such a reserve, but the country has yet to start purchases. However, the U.S. is “moving forward” with the plan to acquire the asset. Mow expressed concern that the U.S. might outpace other countries, particularly Pakistan.

The CEO of JAN3 also pointed out that the price of digital gold in 2025 did not behave as market participants expected.

“We should have already had a bull run, a massive growth,” he said, suggesting that the current cycle is delayed and may shift to next year.

Earlier in September, OKX Managing Partner Haider Rafique stated that the creation of a national bitcoin reserve in the U.S. could negatively impact both the cryptocurrency market and the dollar.