Samson Mow leaves Blockstream, plans to focus on ‘nation-state Bitcoin adoption’

Share This Post

“Now is a pivotal point in Bitcoin’s evolution — we’re on the verge of mass adoption, and I think that I can make it happen faster,” said Samson Mow.

Blockstream chief strategy officer Samson Mow has announced he will be leaving the blockchain firm after five years.

In a Tuesday Twitter thread, Mow said he would continue to be a “#BlockstreamSpy” following his departure from the Canada-based firm where he had worked since April 2017. He said he would stay on as CEO of game development company Pixelmatic, a position in which more “attention is being demanded,” but planned to focus on “nation-state Bitcoin adoption” in the future.

”With everything happening at light speed in El Salvador, and more and more countries interested in adopting #Bitcoin, I found my time each day just no longer enough anymore,” said Mow. “So with @Blockstream in a very good place and well capitalized after a successful B round, it was the right time to move on. It also feels like now is a pivotal point in #Bitcoin’s evolution — we’re on the verge of mass adoption, and I think that I can make it happen faster.”

Mow has been involved in plans to build a Bitcoin City in El Salvador. The project aims to use geothermal energy from the country’s Conchagua volcano to power Bitcoin (BTC) mining in the innovative city, which will be built at the foot of the mountain. According to the Pixelmatic CEO, a $1 million BTC price could help make the Latin American nation “the financial center of the world.”

Related: Bitcoin Core developer Samuel Dobson decides it is ‘time to go’

The now-former Blockstream chief strategy officer added he would continue to “support and advocate” for Blockstream’s sidechain-based settlement network, Liquid, as “It has an important role to play in the reformation of the legacy financial system.” He previously worked as the chief operating officer of BTCC, the crypto exchange behind one of the largest mining pools in the world at the time, and as the director of production and executive producer at Ubisoft.

An advocate of Bitcoin for many years, Mow also recently made the Cointelegraph Top 100 for his work at Pixelmatic, Blockstream, the El Salvador project and more. The full list of some of the most influential in crypto and blockchain is now available.

Read Entire Article
spot_img
- Advertisement -spot_img

Related Posts

Bitcoin Reclaims $63,000 After US Fed Rate Cut, But Is This Rally For Real?

So far, Bitcoin has seen a mixture of bulls and bears just in the past day alone Although bulls appear to be taking the lead given its current market performance, will this be sustainable Before the

Louisiana continues pro-crypto push with option to pay state agencies in Bitcoin, USDC

Louisiana has implemented a new option for residents to make payments to state agencies using Bitcoin and Circle’s stablecoin USDC, according to a Sept 18 press release The Louisiana Department

Terraform Labs Gets Court Approval to Wind Down Operations in Bankruptcy

Terraform Labs has received court approval to wind down operations in bankruptcy following a settlement with the US Securities and Exchange Commission (SEC) The company had been at the center of a

TON blockchain sees explosive 3,435% growth in daily active addresses over 2024

The Open Network (TON) blockchain has experienced a significant surge in its on-chain metrics in 2024, with trading volume, total value locked, active users, and daily transactions all growing

Solana Active Addresses Hit 75 Million As SOL Breaches $140

Solana (SOL) hit another record: Today, it has over 75 million monthly active addresses The surge speaks to growing popularity of the network, especially in areas like developer and user activity

Vitalik Buterin Drops A Rhythm At Singapore TOKEN2049: Speech Delivered In Song

Co-founder of Ethereum, Vitalik Buterin, created a scene – albeit in a fun way – at the TOKEN2049 conference in Singapore by not only offering analysis on Ethereum developments but also