*Japan Bitcoin Acquisition Proposal: Samson Mow Urges 167,000 BTC Investment*

After a conference promoting crypto adoption in Japan, Mow suggests the government acquire 167,000 BTC.

Strict regulations and potential interest rate increases might influence the crypto market in Japan, potentially impacting Bitcoin's appeal as an investment.

Peter Schiff highlights the recent record high in gold prices, suggesting that traditional safe-haven assets like gold may still be a preferred choice for investors.

Following a Bitcoin and Layer 2 conference in Japan, aimed at promoting crypto adoption at a governmental level, Bitcoin advocate and JAN3 CEO Samson Mow has called on the Japanese government to acquire 167,000 BTC.

His proposal highlights Bitcoin’s potential as a strategic asset in the country’s reserves.

Mow’s push for Bitcoin investment comes after analyzing Japan’s gold reserves. He pointed out the country’s significant gold holdings and argued that Bitcoin could play a similar role in diversifying and securing national reserves.

Japan’s 846 tons of gold, which account for only a small portion of its foreign exchange reserves, could be complemented by Bitcoin, providing a hedge against economic volatility. Mow confidently stated that Bitcoin is “the hardest asset in existence,” due to its finite supply.

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