Samson Mow Urges Germany to Buy Bitcoin for Strategic Reserves

Samson Mow, CEO of Bitcoin technology firm Jan3, has publicly urged Germany to incorporate Bitcoin into its national strategic reserves. During a recent address at the Bundestag, Mow outlined his vision for nation-states adopting Bitcoin as a reserve asset, emphasizing that Germany should aim to acquire 281,267 BTC to bolster its financial stability.

Mow’s call for Germany to make this strategic move was also shared on social media, where he stated: “I hope that Germany is successful in acquiring 281,267 BTC for its future strategic reserves.” His proposal has sparked discussions among Members of Parliament and Bitcoin supporters, who are exploring Bitcoin’s potential as a financial safeguard for the nation.

This proposal comes amid growing interest in the U.S., where speculation suggests that former President Donald Trump may propose a similar Bitcoin reserve strategy at the upcoming Bitcoin 2024 conference.

Samson Mow’s Bitcoin Advocacy

A leading advocate for Bitcoin adoption, Samson Mow has been instrumental in driving global Bitcoin strategies. Prior to founding Jan3, Mow played a key advisory role in El Salvador’s historic decision to adopt Bitcoin as legal tender in 2021. His efforts helped shape the country’s use of Bitcoin as a reserve asset aimed at strengthening its economy.

Mow continues to champion the idea that countries can reduce their reliance on traditional fiat currencies by holding Bitcoin in their reserves, comparing the digital asset’s role to that of gold in diversifying national financial systems.

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