Samson Mow, a prominent advocate for Bitcoin and CEO of JAN3, a company focused on aiding nation-states in adopting the cryptocurrency, has shared his expectations for Bitcoin’s trajectory as the month of “Uptober” comes to a close. His comments come after Bitcoin’s recent surge, allowing it to reclaim the $63,000 mark, nearing $64,000.
Anticipating a No-Dip November
In light of Bitcoin’s recent performance, Mow expressed optimism for November, stating, “After Uptober comes No-dip-vember.” Since last Wednesday, Bitcoin has increased by 6.20%, rising from the $60,000 level to an intraday high of $63,800 before slightly dipping to around $63,520. This upward trend follows a strong US jobs report that exceeded economists’ expectations, leading to renewed interest in risk assets, including Bitcoin.
Satoshi Nakamoto and Chinese Connections
In a separate conversation, Mow addressed speculation surrounding the true identity of Bitcoin’s creator, Satoshi Nakamoto. He responded to hedge fund manager Kyle Bass’s assertion that Satoshi could be linked to Chinese intelligence. Mow revealed that he was working in China in 2009, the year Bitcoin was launched, and managed the country’s largest Bitcoin exchange.
He pointed out an intriguing coincidence: the first character of both “Satoshi Nakamoto” and the word “China” are the same in hieroglyphs. “It can’t be a coincidence,” Mow concluded, adding depth to the ongoing discourse about Satoshi’s origins.
These discussions have gained traction on social media ahead of the HBO documentary set to release this Tuesday, which hints at unveiling the true identity of the mysterious Bitcoin founder.
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