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Cryptocurrency News Articles

Samson Mow Promotes Bitcoin Adoption in Germany, Hyperbitcoinization Is the Goal

Oct 19, 2024 at 02:01 am

Continuing his push for global hyperbitcoinization, Mow visited Germany this week to advocate for Bitcoin before lawmakers.

Samson Mow Promotes Bitcoin Adoption in Germany, Hyperbitcoinization Is the Goal

Samson Mow, the founder of JAN3, is actively engaging with lawmakers around the globe to promote Bitcoin adoption. His latest focus has been on Germany, where he visited this week to present his case to the Bundestag.

Joana Cotar, a Member of Parliament who backed a bill to make Bitcoin legal tender in Germany last November, expressed her gratitude on social media, thanking Mow for addressing the Bundestag.

“Dear Samson, thank you very much for your appearance here in the German Bundestag. Great talk, great discussion afterwards! And I hope my colleagues listen to you in the future: You don't sell your #Bitcoin!,” Cotar wrote on Twitter.

Specific details of the discussion were not immediately shared, but X influencer “Bitcoin im Bundestag” said that the talks centered on “the current state and possibilities of #Bitcoin nation-state adoption.”

Mow has previously explained that state-level Bitcoin adoption can take different forms based on a country’s commitment to the cause. The simplest step is adding Bitcoin to the national treasury, followed by issuing BTC bonds, with full legal tender status being the ultimate step.

Mow's drive to accelerate hyperbitcoinization has led him to engage with many lawmakers worldwide. In September, Mow met with Junichi Kanda, Japan's Minister of State for Financial Services, to discuss the future prospects of cryptocurrency.

Following Mow's visit to Columbia in December 2023, President Gustavo Petro approved the formation of “working groups” and “free cooperatives” to explore blockchain integration at the state level.

However, as things stand, El Salvador is the only country that has a Bitcoin legal tender law.

Original source:dailycoin

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