Samson Mow, CEO of JAN3 and a long-time Bitcoin advocate, has predicted that within a year, even wealthy individuals may struggle to buy a full Bitcoin. Mow believes that Bitcoin price is on the verge of an astronomical surge, driven primarily by the global adoption of Bitcoin as a strategic reserve asset by governments and institutions.
"Countries will soon start building national Bitcoin reserves, and this will push demand to levels we've never seen before," Mow stated.
Nations Accelerating Bitcoin AdoptionMow pointed to recent developments in the Czech Republic, where the central bank is actively considering adding Bitcoin to its reserves. Unlike many nations that are still in an exploratory phase, Czech officials are reportedly already voting on the decision, signaling a faster-than-expected transition toward sovereign Bitcoin holdings.
"I think we will see rapid adoption, with unexpected announcements like the one in the Czech Republic. They aren't just 'exploring the possibilities' anymore; they are making decisions. Everything is going to accelerate in 2025," he explained.
Bitcoin Could Become Too Expensive for GovernmentsMow also warned that even some governments and cities may find Bitcoin too expensive if they don't act quickly.
For example, the city of Vancouver is considering adding Bitcoin to its reserves. However, the city council is still deliberating, and Mow cautioned that any delay in decision-making could mean missing out entirely.
"The key question is timing. If they don't buy Bitcoin in the next six to twelve months, it may no longer be feasible. Bitcoin will be out of reach for most buyers within a year," Mow emphasized.
Is a $1 Million Bitcoin in 2025 Realistic?Mow reaffirmed his $1 million Bitcoin price forecast for 2025, calling it "very likely" due to:
Mow has long been a proponent of Bitcoin's role in global finance, previously arguing that altcoins like XRP should not be considered for government reserves due to centralization concerns.
Final Thoughts: The Window for Buying Bitcoin is ClosingMow's forecast suggests that Bitcoin's affordability window is closing rapidly, both for individuals and institutions. With global demand accelerating and governments beginning to recognize Bitcoin as a reserve asset, the cryptocurrency could soon become as difficult to accumulate as gold bullion in past centuries.
For those looking to acquire Bitcoin, Mow's message is clear: sooner is better than later.