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Bitcoin Maximalists Samson Mow and Max Keiser Describe the Stages of "Bitcoin Mastery"

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2024-09-01 09:52:13941browse

Samson Mow, a vocal Bitcoin maximalist and the chief executive officer at JAN3, has published a reminder to the global cryptocurrency community

Bitcoin Maximalists Samson Mow and Max Keiser Describe the Stages of

Samson Mow, a staunch Bitcoin maximalist and the CEO of JAN3, has dropped a hint about Bitcoin in his recent tweet, addressing the global cryptocurrency community once again.

"Artificial" Bitcoin price

Mow mentioned the $100,000 price level once again. This time, Mow hinted that Bitcoin is being artificially held below that mark. His tweet reads: “Bitcoin under $0.1M is artificial. Enjoy it while you can.”

REMINDER: #Bitcoin under $0.1M is artificial. Enjoy it while you can.

In early June, the JAN3 boss also touched upon that topic. According to that tweet, Mow believes that in order to finally break past $100,000, Bitcoin needs to first exceed the all-time high of $73,750 that it managed to achieve in March.

After that, Mow continued, the recursive demand shock will kick in and will drive BTC all the way past the $100,000 price line.

In one of his tweets this summer, Mow stated that he expects Bitcoin to skyrocket to a massive $1,000,000 within the next year. Even if it happens later than this time frame, he said later, it is still a matter of the nearest future.

Max Keiser unveils five stages of "Bitcoin mastery"

Another prominent Bitcoiner and Bitcoin advisor to El Salvador president Nayib Bukele, Max Keiser, engaged in a conversation with his crypto followers on the X platform by posting “5 stages of Bitcoin mastery.”

Those describe stages of crypto investors’ attitude toward Bitcoin as they begin to like and understand BTC stronger and finally come to Max Keiser's famous thesis that “everything is going to zero against Bitcoin.”

The first stage is “I just heard about BTC, I can fix it.” The second one shows an investor’s admiration toward Bitcoin, even though it is not as high as that to altcoins. That is followed by beginning to use BTC for payments (adoption). Then Bitcoin becomes a new asset class for investors and the “best store of value ever.”

5 stages of Bitcoin mastery:

1. just heard about BTC, I can fix it

2. BTC’s great, my shitcoin’s better

3. payments = adoption, not store of value

4. BTC = new asset class; best store of value ever

5. everything goes to zero against BTC ?? is on # 3

# 4 soon.

By mentioning that the third stage is being implemented in El Salvador right now, where Keiser is the president’s advisor on BTC, he admitted that these stages describe not only retail investors but also countries. Keiser expects the fourth stage (“BTC = new asset class; best store of value ever”) to arrive soon in the U.S. as well.

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