Samson Mow Reveals Bitcoin’s Shocking ABCD Pattern to $100K #Finance

there will be a point at which people just stop using Fiat currencies so we can project out 10 years 20 years but the reality is we’re probably not going to go to uh 20 million a coin eventually at some point we’ll just use Bitcoin as the unit of account so with money you have

uh three form three parts of paths to Evolution store value um unit of account medium of exchange so unit account right now is still the dollar even countries that don’t use a dollar their currencies are pseudo pegged to the dollar or directly pegged to the dollar but eventually we’ll

just price things in Satoshi which is the smallest unit of Bitcoin imagine a world where your wealth steadily Grows free from the limits of traditional currency with Bitcoin that world may be closer than ever as bitcoin’s influence expands so does the belief that it could revolutionize

href="https://cashnews.co/finance" style="font-weight: bold; color: #1a73e8; text-decoration: none;">Finance challenging norms and disrupting centralized systems Samson Mau a key industry leader envisions Bitcoin hitting a historic $100,000 Mark driven by the powerful ABCD price pattern but his

vision goes beyond mere numbers he sees Bitcoin as the financial backbone of a fairer more independent future mauo believes bitcoin’s growing value could challenge the Dollar’s dominance reduce funding for conflicts and even become the Main Financial Network in crisis as favorable

regulations and government reserves become key to its adoption he has speculated on high-profile figures like Donald Trump investing in Bitcoin to protect and grow wealth amid its increasing demand he posits a 60% annual median growth aligning with bitcoin’s consistent Trend over 5 to 10

years predicting it will eventually replace the dollar as the global measure of value with prices listed in Satoshi watch clips from the interview to hear more about Samson ma discussion don’t forget to like this CashNews.co subscribe to the channnel Channel and enable post notifications for

more updates and in-depth content thanks for joining us again enjoy the CashNews.co I think he likes to say that he fulfilled his P promises so if you look at what he did in the previous election he was talking about building the wall did they build the wall to the full scale that they said they

were going to build it no but they built parts of the wall so even if he only does a part of the Bitcoin strategic Reserve maybe he buys a 100,000 coins I don’t know but that is something but uh at least we know that we have access to Trump through a lot of the people lobbying in the US and

we know that he is at least not against Bitcoin and yes he is you know promoting altcoins and whatnot but sometimes you have to choose a lesser of two evils my model is actually very simple it’s just 60% median growth every year and if you go back uh 5 to 10 years roughly you see the same

same trajectory but um one thing that most models don’t account for is that there will be a point at which people just stop using Fiat currencies so we can project out 10 years 20 years but the reality is we’re probably not going to go to uh 20 million a coin eventually it’s some

point we’ll just use Bitcoin as the unit of account so with money you have uh three form three parts of paths to Evolution store value um uni of account medium of exchange so unit account right now is still the dollar even countries that don’t use the dollar their currencies are pseudo

pegged to the dollar or directly pegged to the dollar but eventually we’ll just price things in Satoshi which is the smallest unit of Bitcoin ultimately everyone is going to use Bitcoin it’s either you accept it or you wait until you have no choice because the person you want to buy

bread from doesn’t want a Euro anymore so at that point do the regulations really matter it’s just near term I think you can have good regulations or bad regulations but the the legal tender law I don’t think is is really legal tender even in El Salvador because Merchants are not

forced to accept it um larger companies are accepting it because they want to make sure they follow the the letter of the law but large by and large most people don’t accept Bitcoin yet in Al Salvador even and they’re not forced to so if I go to a business and I say I want to pay in

Bitcoin they say no I’m can’t call the police I don’t think anyone’s going to enforce that and I think the regulation path of Argentina is probably more practical just saying just use whatever you want and you can use Bitcoin as money and there’s no barrier there

there’s no taxation on it because you shouldn’t be taxed on using money to buy you know daily Goods um and I think places like Switzerland are okay as well because there is no Capital gains tax so you can uh for example in Lugano just spend Bitcoin and buy whatever you

want and it’s just treated as money too and there was no needed for that as well so I guess it depends really on if there is anything currently prohibiting CU some countries don’t allow people to use Bitcoin for payments as well so either you need to amend that or make a new regulation

saying yes Bitcoin can be used so it’s very different per country but I think the countries that we are focused on are more in the developing world and they are seeking economic growth and investment so for them it’s not really worrying about all these things that maybe European worry

about but they just want money to come in states are going to want it one way or another and right now as you saw the bulk of the Holdings are from seizures from criminal activities but in the future that could change to mining because if you look at it at least the way I look at it is a state is

basically they’re the homeowner association they operate the land and they have all the energy and they can direct that to do different things um like mining Bitcoin so they could mine it for themselves and we already see that there is a potential for uh Bitcoin mining to balance grids and if

you’re going to nuclear you have a very large base load already that you need to consume so why not buy Bitcoin with it so eventually there is no such thing as a mining company it’s just an energy company and they all mine and if they all mine then and their state owned then the state

can produce its own Bitcoin but I think the key is that we are engaging to make sure that if there are policies that come out it’s not bad policies and there are Protections in place to ordinary Bitcoin holders Samson Mao believes that Bitcoin has the potential to improve people’s lives

by encouraging fairness and equality he points out that the unbanked and underprivileged have equal access to bitcoin Mao cites El Salvador’s adoption and claims Bitcoin defunds Wars making it unable to fund hostilities without printing money he believes Bitcoin will usher in a new New Era of

Peace because corrupt leaders will no longer be able to Finance conflicts in the event of a war #1a73e8; text-decoration: none;">Markets May collapse and bitcoin’s price May initially fall however Samson Mau believes Bitcoin will return and become the sole operational Financial Network traditional Financial systems frequently fail during combat making Bitcoin a viable Choice

countries with big Bitcoin reserves will be in a strong position lowering political risk Bitcoin also reduces the seizure risk risk associated with gold reserves let’s go back to the interview and watch more Clips to gain insights from Samson ma well I think people that want to abuse the

rules and uh abuse their power are going to do so anyways and I think Bitcoin can change people for the better so if you take you know two people um as a test and you gave one of them and both want to abuse power and you give one of them Bitcoin it’s more likely that the one that you educated

and got into Bitcoin is going change because they understand um at least the Bitcoin ethos and maybe sound money but the more important thing is that with Bitcoin you can’t really abuse the system because the system treats everyone equally so even if you’re impoverished and you’re

unbanked you have the same ability to acquire Bitcoin as Michael sailor I think that is the more important thing just getting into the hands of people so for example Al Salvador they adopted Bitcoin and maybe they have like half a million people using it or 300,000 it’s it’s estimated

but at least those 300,000 people now have access to bitcoin whereas if they didn’t adopt it then it’d be zero or close to zero so I think again you have to take the good with the bad so if a government accepts it and they endorse it then the people are going to benefit and they are

going to have Bitcoin which level is the playing field I think at the end of the day and you do see some of this playing out in the US so like President Trump is speaking at a Bitcoin conference um you have major Senators there um Senator Elizabeth Warren is probably going to lose or at least

she’s fighting a heated battle with uh Deton for a senate seat so why are they able to compete and why are they at Bitcoin conferences it’s because we have a significant amount of wealth in the hands of bitcoiners now so it is changing the game I think Bitcoin defunds Wars it’s

difficult to Finance a war if you actually have to go to people that have custody of the the asset or the money it’s easy to

href="https://cashnews.co/finance" style="font-weight: bold; color: #1a73e8; text-decoration: none;">Finance a war if you can print the money and it’s the same for everything most government policies are not of the will of the people and I’m from Canada so I can tell you

like you know we didn’t want to buy the vaccines but the government bought the vaccines um we didn’t want the $84 million app that you use to register when you enter leave the country but they did that anyway so if they had to ask and collect the money for that no one would give them

the money for that and it’s the same with financing War so I believe Bitcoin will Usher in an age of Peace because the people that are corrupt that want war won’t be able to none;">Finance the war so the impact of the war probably Markets would tank and Bitcoin will go down but eventually Bitcoin will go back up because Bitcoin is likely going to be

the only financial Network that is is going to be operating if there is full-blown war and sides are split up and lines are drawn across the board uh one thing that people seem to forget is that Financial systems don’t work during wartime you can’t send money to anybody and it depends

on you know where you are and what app you’re using but probably a lot of them won’t work venmo probably won’t work um PayPal probably won’t work so everyone will just end up using Bitcoin and you know Bank balances will disappear here for some reason or other maybe a bank

data center is hit so Bitcoin will be the only thing that functions at the end of the day I don’t think there is a political risk any country that has a strong uh reserve of Bitcoin or large reserve of Bitcoin will be in a good position the political risk might be you know people come to

Germany to ask for financing but I think having um Bitcoin is a drisking because if you have gold then you’re at risk of seizure of the gold especially if you have the gold in your own territory meanwhile Bitcoin has made news by breaking the $70,000 hurdle drawing Global interest and

sparking speculation about its ability to reach New Heights the forthcoming US presidential election on November 5th 2024 adds another layer of curiosity as Market observers speculate about bitcoin’s Direction currently bitcoin’s chart shows an ABCD pattern a well-known harmonic

configuration that suggests a potential price goal of 7 $6,600 this pattern occurs when prices move in two virtually identical legs with the final leg indicating a precise destination if Bitcoin maintains its current momentum this pattern alludes to an upside Target of around $ 76,6 bitcoin’s

progress is heavily influenced by support levels immediate support is at $7 70,5 70 which coincides with the 50-day exponential moving average EMA a key Trend indicator additionally a demand zone between 68,7 197 and 6891 serves as a safety net luring buyers if Bitcoin faces a pullback the

optimistic prognosis is maintained as long as Bitcoin remains Above This demand Zone however a break below May indicate a deeper correction on the good side Bitcoin is facing substantial resistance at $ 72,1 126 a break over this level might take it higher towards $75,600 indicating a probable new

high this is consistent with the Market’s overall optimistic mood but these resistance levels must be properly observed because they have the potential to confirm the trend or precipitate a short-term pullback what potential impact do you think widespread Bitcoin adoption could have on global

economic stability and conflict resolution please drop your thoughts in the comments below share this CashNews.co and hit your thumbs on the like button thanks for watching and don’t forget to subscribe