Samson Mow, the CEO of Bitcoin technology company Jan3, has openly supported the idea of Germany incorporating Bitcoin into its national strategic reserves.
During a recent session at the German Bundestag, Mow elaborated on Bitcoin strategies for sovereign nations, advocating for Germany to acquire 281,267 Bitcoin (BTC) for its strategic reserves.
“My hope is that Germany successfully acquires 281,267 BTC for its future strategic reserves,” Mow tweeted.
This initiative reportedly convened Members of Parliament and Bitcoin enthusiasts to discuss Bitcoin’s potential as a financial instrument for the nation.
This summer in the United States, there was increasing speculation regarding whether Donald Trump would announce the establishment of a U.S. Bitcoin strategic reserve at the Bitcoin 2024 conference.
Samson Mow’s contribution to Bitcoin advocacy
Samson Mow is a well-known figure in the Bitcoin community, recognized for his leadership as CEO of Jan3, a firm dedicated to promoting Bitcoin adoption worldwide.
Prior to his tenure at Jan3, Mow served as an advisor to El Salvador, making it the first country to recognize Bitcoin as legal tender in 2021. In this role, he played a crucial part in developing the nation’s Bitcoin strategy, which focused on utilizing Bitcoin as a national reserve to stabilize and enhance the economy.
Mow advocates for sovereign nations to treat Bitcoin as a reserve asset, similar to how gold is viewed. He believes that by incorporating Bitcoin, countries can diversify their financial frameworks and lessen their dependence on traditional fiat currencies.
