Major Bitcoin proponent Samson Mow has shared his take on where CBDCs are likely going
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In the interview, Mow stated that this approach is hardly going to work. However, he continued, the question is how long they will be trying to achieve the result they are seeking. Taking Nigeria as an example, Mow said that the country launched its CBDC, called eNaira, and told the population that using it was completely optional and that eNaira was launched “for your convenience, security and safety.
Mow is concerned about whether countries are going to turn into totalitarian or authoritarian regimes now, in an attempt to stop people from using Bitcoin and crypto in general. Around a week ago, Mow shared his take on his X account, stating that Bitcoin reaching $1 million is a question of time . The Bitcoin advocate started actively tweeting about this after the spot Bitcoin ETFs were approved by the SEC in January and the Bitcoin halving event was approaching.
Back then, Mow tweeted that the ETFs began to create a Bitcoin demand shock, which would inevitably meet the Bitcoin supply shock to be created by the halving.Yuri is interested in technology and technical innovations. He has been writing about DLT and crypto since 2017. Believes that blockchain and cryptocurrencies have a potential to transform the world in the future in many of its aspects. He has written for multiple crypto media outlets.
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