by Ciaran Lyons, Coin Telegraph:
An increasing number of countries are preparing to ramp up Bitcoin adoption after moving past the initial skepticism, according to Jan3 founder Samson Mow.
“I think we’re on the tail end of gradually, and we’re at the beginning phases of suddenly,” Mow told Danny Knowles on the What Bitcoin Did podcast published on YouTube on Saturday.
TRUTH LIVES on at https://sgtreport.tv/
“These things happen very quickly,” Mow said, referring to the potential for more countries to adopt a Strategic Bitcoin
Reserve. “It’s like literally gradually then suddenly,” he said, adding:
“I think it is simply a matter of time before we see a massive run-up, and we see a massive nation-state FOMO, you know, panic.”
Mow emphasized that while US President Donald Trump has signed an executive order to establish a Strategic Bitcoin Reserve, the US still hasn’t started buying.
US is “pushing forward” with Bitcoin plan
However, he pointed out the nation is “pushing forward” with budget-neutral Bitcoin acquisition and the Bitcoin Act.
Galaxy Digital’s head of firmwide research, Alex Thorn, recently said there is a high likelihood that the US government will form the highly anticipated Strategic Bitcoin Reserve by the end of this year.
