According to Odaily, CEO Samson Mow has voiced his skepticism over the growing support for digital assets among US politicians. Mow warns that this temporary shift in attitude could potentially cause problems in the future if the fundamental characteristics of Bitcoin and other cryptocurrencies are confused.

One of Mow's primary concerns is that many politicians fail to distinguish between Bitcoin and other cryptocurrencies. He emphasizes that Bitcoin, unlike many other digital currency projects, possesses unique characteristics such as decentralization, permissionless, and censorship resistance. These features may differ from other digital currencies, which could carry different risks.

Mow stresses the importance of establishing Bitcoin-specific regulatory provisions to recognize its unique attributes and potential benefits. He believes that treating Bitcoin like other cryptocurrencies could stifle innovation and hinder the development of this transformative technology.

However, Mow also acknowledges the positive impact in the Bitcoin sector, such as increasing support for Bitcoin among policymakers and growing adoption by institutional investors. Nevertheless, he warns that challenges lie ahead, particularly in terms of regulatory transparency and consumer protection.