Samson Mow, founder and CEO of Bitcoin-focused company JAN3, recently addressed the German Bundestag to advocate for Bitcoin adoption as part of a broader initiative to promote its global acceptance.

His speech reflects ongoing efforts to encourage state recognition of Bitcoin, despite significant resistance and challenges in achieving widespread adoption.

Mow advocates for nations to adopt Bitcoin as a reserve asset, similar to gold, to diversify financial systems and reduce reliance on traditional currencies.

During his appearance, Mow proposed that Germany should acquire 281,267 Bitcoin for its national reserves, emphasizing the potential benefits of such a move.

He expressed his hopes for Germany to successfully acquire this amount of Bitcoin, highlighting its importance for future strategic reserves.

Mow's mission has garnered some political support, as evidenced by Joana Cotar, a German Member of Parliament, who co-sponsored a bill last November to establish Bitcoin as legal tender.

His discussions in Germany focused on the implications of Bitcoin adoption for the European Union's economy, marking a significant step towards fostering Bitcoin discussions in Europe.

Mow has engaged with legislators globally, including Japan's Financial Services Minister and Colombia's President, to promote Bitcoin's recognition as an economic policy.

Previously, Mow played a crucial advisory role in developing El Salvador's Bitcoin strategy, which aimed to stabilize and grow the economy using Bitcoin as a national reserve.

However, the path to 'hyperbitcoinization' faces challenges, particularly following the international scrutiny of El Salvador's adoption of Bitcoin without broader follow-up.

Mow envisions a future where Bitcoin is the preferred global currency, pushing for a three-step strategy for adoption that includes placing Bitcoin in national treasuries and issuing Bitcoin-backed bonds.

Before leading Jan3, Mow was instrumental in El Salvador becoming the first country to adopt Bitcoin as legal tender in 2021.