Why Bitcoin Isn’t Worth $10 Million Yet: The Shocking Truth! 💰😲

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Ah, Bitcoin! The digital currency that has everyone from your grandma to your neighbor’s cat scratching their heads in confusion. Enter Samson Mow, the Bitcoin guru and CEO of JAN3, who seems to think that Bitcoin should already be strutting around with a price tag of $10 million per coin. Yes, you heard that right—$10 million! If only the world understood Bitcoin, we’d all be sipping piña coladas on our private islands by now. 🍹

Why Bitcoin Is Not Worth $10 Million Yet

In a recent post on X (formerly known as Twitter, because who doesn’t love a good rebranding?), Mow declared, “If the world understood Bitcoin, we would be at $10 million a coin now.” This is his way of saying that Bitcoin is like that brilliant artist who never gets the recognition they deserve—truly undervalued and underestimated. 🎨

For Mow, BTC is not just a shiny coin to trade; it’s a revolutionary asset that could potentially topple the entire financial system. With its limited supply and decentralized charm, some folks even believe it could become the global reserve currency. Imagine that! A currency that doesn’t even have a physical form—what a time to be alive! 🌍

But alas, despite its growing fame, Mow argues that most people—including institutions, policymakers, and retailers—are still scratching their heads, trying to figure out what Bitcoin really is. According to him, this knowledge gap is the reason Bitcoin hasn’t skyrocketed to the moon yet. 🚀

While the $10 million dream remains a bit of a fantasy for now, Mow’s comments echo a broader sentiment among Bitcoin enthusiasts who see today’s prices as just the tip of the iceberg. For instance, Michael J. Saylor, the founder of MicroStrategy, is convinced that Bitcoin will hit that magical $10 million mark by 2035. Talk about optimism! 🌈

And let’s not forget Matt Hougan, Bitwise’s Chief Investment Officer, who believes Bitcoin could reach $1 million in just five years. If only we could all be so confident in our investments! 💸

Demand For BTC Surges Among Institutions And The Wealthy

With the belief that Bitcoin’s price will only continue to rise, reports are flooding in about a surge in interest from financial institutions and the wealthy. Saylor, one of Bitcoin’s biggest cheerleaders, has been hoarding the cryptocurrency like it’s the last cookie in the jar. 🍪

Even Donald Trump, the former President of the United States, has jumped on the Bitcoin bandwagon, reportedly buying up the flagship cryptocurrency. And let’s not forget investing legend Hugh Henry, who plans to sell his $35 million house to buy $10 million worth of Bitcoin. Now that’s what I call commitment! 🏠

Richard Teng, the CEO of Binance, has also chimed in, revealing that the wealthy are snapping up BTC like it’s going out of style. This growing accumulation by institutions and the rich signals a strong belief in Bitcoin’s long-term value. Who knew that digital coins could be so fashionable? 💎

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2025-05-29 02:13