022 - Samson Mow - Bitcoin for Millennials

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