Samson Mow, a Bitcoin maximalist and the chief executive of Bitcoin adoption-focused company JAN3, has commented on the recent observation made by the Goldman Sachs CEO David Solomon at the Olympic Games in Paris. This statement is being widely discussed on the crypto X at the moment.
JAN3 chief reacts to Solomon’s Bitcoin statement
The CNBC Squawk Box team interviewed David Solomon at the Olympics, discussing with him various issues to do with Goldman Sachs and its policies, including also the chances of the Fed Reserve cutting down the interest rates this year.
Among the things discussed by them was the world’s top cryptocurrency Bitcoin. The head of the banking giant admitted that even though he believes Bitcoin to be a speculative asset and does not see any real use case for it, he still thinks that it just may have store-of-value case for Bitcoin.
This was shared by the head of research at Bitwise Ryan Rasmussen. Samson Mow commented on that with a GIF meme from the popular film series The Game of Thrones – “Bend the knee,” adding from himself already: “I don’t make the rules.”
I don’t make the rules. https://t.co/KGnjOr5tt8 pic.twitter.com/zS6EtmcZla
— Samson Mow (@Excellion) July 31, 2024
According to his earlier statements on the X platform, Mow believes that within the next year, Bitcoin is likely to reach a whopping $1 million price level. Therefore, he believes more and more entities are going to be acquiring Bitcoin and admitting its new status as a treasury asset.
Michael Saylor reacts to new Bitcoin acquisition pivot
Another vocal Bitcoin proponent and evangelist, Michael Saylor, the executive chairman of MicroStrategy has commented on the recent announcement made on CNBC regarding Bitcoin.
During the recent Bitcoin 2024 conference, many companies announced that they intend to start buying Bitcoin, following the example of MicroStrategy, and putting it on their balance sheets as a strategic treasury asset.
“We now have additional companies coming out and saying we’re going to put #Bitcoin on our balance sheet as a strategic treasury asset.” – @billfour pic.twitter.com/rAEBqkfxzS
— Michael Saylor⚡️ (@saylor) July 30, 2024
Over the past two days, the world’s leading cryptocurrency, Bitcoin, demonstrated a plunge of 5.8% as it plummeted from the recently recovered $70,000 level and fell to the $65,770 zone. It happened as the US government once again transferred a Bitcoin lump worth several billion US dollars confiscated from the Silk Road darknet marketplace. By now, BTC has printed a small recovery and is changing hands at $66,300.
