Episode notes
Samson Mow is the CEO of JAN3, a Bitcoin technology company focused on accelerating hyperbitcoinization. He is best known for his work with El Salvador’s Bitcoin initiatives, and his efforts in nation-state Bitcoin adoption worldwide. As one of the top executives in the Bitcoin ecosystem, his expertise spans from running one of the largest exchanges and mining pools when he was the COO of BTCC, to guiding the development and deployment of Bitcoin infrastructure as the CSO of Blockstream. In the past weeks, he has also been talking about “the Bitcoin Omega candle” and how Bitcoin will get to $1 Million dollars. I wanted to get his thoughts on that to of course! I hope you enjoy this episode.
→ Follow Samson on https://x.com/Excellion
→ Download AQUA Wallet: https://aquawallet.io
→ JAN3 company website: https://jan3.com
Subscribe to never miss an upcoming episode of Bitcoin for Millennials,
→ YouTube: https://youtube.com/@bramk
→ Follow Bram on https://x.com/bramk
Timestamps
00:00 - Introduction
01:22 - Discovering Bitcoin and Initial Misunderstandings
03:28 - The Importance of Bitcoin as a Concept
05:02 - Challenges in Recognizing the Flaws in the Current Financial System
06:49 - The Comfort of Staying in the Matrix
08:14 - The Realization of Personal Responsibility in Bitcoin
09:26 - The Difficulty of Self-Custody and the Role of Custodians
10:35 - The Need for Personal Action and Engagement in Governance
11:24 - The Mission of JAN3 and Bitcoin Adoption by Nation-States
13:40 - Engaging with Governments and the Separation of Money and State
18:05 - The Aqua Wallet and Providing Utility for Bitcoin Users
20:32 - The Potential Impact of Bitcoin ETFs and Nation-State Adoption
35:37 - The Bitcoin Omega Candle and the Outlook for 2024
36:28 - The Role of ETF Ad Campaigns in Bitcoin Adoption
39:05 - Nation-State Adoption and the Scarcity of Bitcoin
42:53 - The Halving and its Impact on Bitcoin
43:07 - Impact of ETFs on Bitcoin Price
44:24 - The Veblen Effect
46:31 - The 118 Multiplier
50:20 - Max Pain Theory
52:43 - Factors Legitimizing Bitcoin Price
53:05 - Renewed Quantitative Easing (QE)
57:44 - Core Beliefs
