Samson Mow, the Bitcoin bull that predicted the coin will soar to $1 million in the near future is under community attack.
This attack comes amid his take on recent occurrences in the United States where crypto wallet services are displaying knee-jerk reactions to the crackdown on Samourai Wallet founders.
Samson Mow Reiterates “HODL Bitcoin” Stance
The crux of his advocacy is that stakeholders in the industry need to keep calm and “HODL Bitcoin.” For this claim, he said many have tagged him a Fed and that saying people need to keep calm shows his naivety.
Earlier on X, Samson Mow noted that unlike Samourai Wallet founders who are being accused of entertaining money launderers, self-custodial wallet operators who are not breaking the law do not need to fret. He said despite the position of the regulators, and the warning from the Federal Bureau of Investigation (FBI) asking Americans to use trusted crypto services, the government is not attacking self custody.
Samson Mow himself operates the Aqua Wallet and is a major proponent of self-custody. He said rather than succumb to the angry reaction narrative, the best reaction is to keep calm and buy Bitcoin.
I am once again asking you to keep calm and HODL #Bitcoin.
So my thread drew some interesting critiques.
In summary: I’m a Fed for asking people to calm down, we need to be angrier, probably revolt, but most importantly we need to do something. 🧵👇 https://t.co/wM86kj1l29 pic.twitter.com/Qbh4icOfFf
— Samson Mow (@Excellion) April 27, 2024
Bitcoin Revolution Gaining Grounds
The establishment of Bitcoin by Satoshi Nakamoto is primarily centered on revolutionizing the financial ecosystem. Thus far, Bitcoin has played this role.
Samson Mow noted that he does not imply the war on faulty legacy financial systems is won. He noted that rather than fight haphazardly, users need to be strategic and only oppose when rights are trampled on.
The Bitcoin advocate has maintained his stance regarding the upward trajectory BTC is likely to keep taking. To showcase his trust in the cryptocurrency, Mow is helping nation states get onboard the Bitcoin train. For his role in the industry, he has now gained maximum acclaim as a major Bitcoin evangelist.
