Samson Mow urges Germany to adopt Bitcoin as legal tender

Samson Mow, founder of Bitcoin-focused (CRYPTO:BTC) company JAN3, recently addressed the German Bundestag, advocating for Germany to adopt Bitcoin and move toward "hyperbitcoinization."

His push for state-level adoption aims to establish Bitcoin as a globally accepted currency, emphasising that grassroots efforts alone are insufficient to create a fiat-free world.

El Salvador remains the only nation to have legalised Bitcoin as legal tender, making Mow's appearance in Germany a significant step in bringing the discussion to Europe, a region with major economic influence.

Mow outlined a three-step strategy for national Bitcoin adoption, which involves adding Bitcoin to national treasuries, issuing Bitcoin-backed bonds, and declaring it as legal tender.

His current efforts in Germany, according to reports, focused on the potential for Bitcoin adoption at the state level, a move that could spark broader discussions across the European Union regarding digital assets.

Joana Cotar, a Member of Parliament, has been a strong advocate for Bitcoin adoption, having co-sponsored a bill last year to make Bitcoin legal tender in Germany.

While details of Mow’s speech remain sparse, the topics discussed were centered on the "chances of Bitcoin nation-state adoption."

If Germany were to adopt Bitcoin, it could set a powerful precedent for other nations to follow suit, particularly within Europe.

Mow has been engaging with lawmakers globally, including Japan’s Financial Services Minister Junichi Kanda and Colombian President Gustavo Petro, to encourage the recognition of Bitcoin at the state level.

His efforts have led to blockchain initiatives in Colombia, showcasing the growing interest in digital assets worldwide.

Despite the challenges, including skepticism about Bitcoin's adoption in El Salvador, Mow continues his relentless push for hyperbitcoinization.

His efforts, such as addressing Germany’s Bundestag, highlight the ongoing push for Bitcoin’s state-level adoption, bringing the vision of a global Bitcoin economy one step closer.

At the time of writing, the Bitcoin price was $68,828.70.