Warning from the CEO Expecting a 15x Rise in Bitcoin: It's Not As Good As You Think!
Samson Mow, CEO of blockchain firm Pixelmatic, said he is not optimistic about politicians being pro-cryptocurrency.
According to the news by Bitcoinist, the famous CEO, who expects $ 1 million in Bitcoin price, made a statement on the recent statements of US presidential candidates regarding cryptocurrencies.
In his statement, Samson Mow said that he was not optimistic about politicians being pro-crypto and stated the following:
This may seem nice given previous anti-crypto hostility, but it is bad for Bitcoin in the long run.
Mow also said that without a strong Bitcoin ethos, this shift could pave the way for the next FTX crash, Terra (LUNA) collapse, or Genesis bankruptcy. It was emphasized that Bitcoin differs from many cryptocurrencies thanks to its decentralized and censorship-resistant structure.
In this context, the famous CEO predicts that Bitcoin's unique features compared to other cryptocurrencies may be damaged.