Samson Mow Says Everything Is Trending Towards 0 Compared to Bitcoin

Samson Mow, a businessman and Bitcoin supporter, made a rather provocative post on X, stating: "Everything is trending towards 0 for Bitcoin. Never forget that."

His statement reflects the long-held belief of Bitcoin maximalists that most other assets ( whether fiat money, altcoins, or even gold) lose relative value as Bitcoin strengthens over time. It is a comment on the relative superiority of Bitcoin and the idea of a future where BTC becomes the dominant store of value. Mow has long outlined a roadmap for Bitcoin to become the global currency standard, gradually replacing the fiat monetary system. He envisions a world where everything is priced in Bitcoin, with national treasuries and daily transactions also changing accordingly. Mow's broader argument is based on the limited supply of Bitcoin, the reduction in issuance through halving cycles, and the increasing demand from both governments and businesses. He argues that this imbalance between supply and demand is the main factor causing all other assets to depreciate in comparison. A few days ago, he mentioned Ethereum, a coin not supported by some ETH communities. Mow stated that Ethereum investors are pushing the price up, often by rotating Bitcoin into ETH, citing "Ethereum fund management companies." He continued to say that once ETH rises significantly, these investors will panic sell ETH, creating a "new generation of stockholders," and then reinvest their profits back into BTC. Bitcoin Is Approaching Its All-Time High Some analysts predict that Bitcoin will have a price increase in August, citing technical strength, a return to the 50-day moving average, and improved sentiment as catalysts for the continued upward trend to 120,000 - 140,000 dollars. This cryptocurrency has increased by about 1.2% in the past 24 hours and is currently hovering around the $120,000 mark. Many cryptocurrency enthusiasts expect Bitcoin to soon surpass the $123,000 level, thereby setting a new all-time high. The current all-time high is in month 7(. Data shows that weekly inflows into cryptocurrencies reach 572 million dollars, including about 260 million dollars directly transferred to Bitcoin-focused products. The increasing participation of large companies in Bitcoin is helping to enhance the maturity of the market and making it increasingly less regarded as a risky asset. Considering data from a few weeks ago, over 138 billion dollars is currently held in Bitcoin ETF funds, indicating that the coin is gradually gaining wider acceptance in the financial world.