CMC: What does Bitcoin mean to you, and why should someone consider owning it? Excellion: Bitcoin is hope. Hope that we can have a better future. More on our interview with Samson Mow 👇
, his latest endeavor which raised over $20 million in startup funding, focuses on nation-state adoption in the quest for hyperbitcoinization, the inflection point where Bitcoin becomes the world’s de facto currency.
Recognizing this unavoidable shift, we need to establish infrastructure now to bring countries into the Bitcoin standard. The transition won't be gradual but rather sudden, impacting all 8 billion people at once. Governments and presidents can change, and we anticipate the emergence of better candidates with improved policies. Last year, we already saw politicians coming, and this year we saw them returning, like Cynthia Lummis.and Vivek Ramaswamy, which shows that Bitcoin is becoming more and more important at the nation-state level. This gives us hope.Things will change but right now, it’s not very great.
Countries that adopt Bitcoin will become more prosperous, they'll be more aligned with the ethos of Bitcoin which is protecting property rights, protecting their sovereignty, and freedoms. But how does it fix the world? It fixes the people by changing their psychology and their thinking and imbuing them with the qualities of Bitcoin.
Our focus is on building our own Tether version on Liquid, a Bitcoin sidechain, which we hope will bring governments in through their need for dollars and hook them on Tether, a juggernaut that provides financial freedom and access around the world. By fulfilling this demand through stablecoins and Bitcoin, we want to involve them in a financial system.
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