Bitcoin’s Doom: Samson Mow’s Trillion Dollar Warning—It’s All Going Down

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In a bold declaration, Samson Mow—chief of the JAN3 and notorious Bitcoin evangelist—has shared a chilling warning to the global cryptocurrency community. Brace yourselves, he says, because Bitcoin’s fate is hanging by a thread as traditional financial institutions gobble up coins faster than a dog on a steak. It’s not just them either; governments are beginning to get in on the action. Mow’s ominous hint? A lot of that Bitcoin will be *poof* gone from the market soon. And no, it’s not a magician’s trick.

The Great Bitcoin vs. The All-Mighty Dollar

Samson was kind enough to remind us of the obvious—Bitcoin’s supply is hard-capped at 21 million coins. Yes, you read that right, just 21 million. Meanwhile, there are *hundreds of trillions* of dollars out there floating around, like balloons at a child’s birthday party. His message? “Do the math,” he implores, as though we’re all blind to the terrifying implications of this scarcity. Because, of course, when scarcity meets abundance, one thing is bound to happen—*a reckoning.*

There are hundreds of trillions of dollars out there.

There are only 21 million #Bitcoin.

Do the math.

— Samson Mow (@Excellion) May 8, 2025

On May 8th, after Bitcoin shot up past the $103,000 mark, Mow didn’t mince words. “It’s too late to buy Bitcoin under $0.1 million,” he declared, as though we didn’t already feel like we missed the boat. But, of course, we *did* miss it, didn’t we? This year, President Donald Trump took a historic step and signed an executive order to establish a Strategic Bitcoin Reserve (SBR)—a reserve that will kick off with 200,000 BTC seized from nefarious activities. Because nothing says ‘government initiative’ like Bitcoin, right?

Meanwhile, Arizona and New Hampshire have joined the fray, passing laws to establish their own SBRs. Oh, what a beautiful world we live in, where states are stockpiling Bitcoin like it’s a 21st-century gold rush.

BlackRock’s Bitcoin ETF—Inflating Like a Hot Air Balloon

Meanwhile, over at BlackRock, they’ve been making it rain. Their iShares Bitcoin Trust ETF (IBIT) has been on an absolute tear, attracting nearly three weeks of consecutive inflows. No, this is not a typo—eighteen days in a row. On Thursday, IBIT pulled in a tidy $69 million, bringing their total to a staggering $69 billion in Bitcoin. Yes, you read that correctly. More than 572,000 BTC. How much? More than I could ever possibly count without a calculator.

And just when you thought it couldn’t get any crazier, Bitcoin decided to skyrocket yet again. Trading at $103,170, it’s sitting at levels not seen since January. Who knew that Bitcoin had such a flair for dramatic entrances?

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2025-05-09 14:44