It's easy to fall for the shiny object syndrome, isn't it? Especially when it comes to investing. The appeal of a “cheap” crypto, the kind you can own thousands, even millions, of is extremely seductive. It’s a better use of your tax dollars. Jan3 CEO Samson Mow raised a key...
Samson Mow, a prominent member of the Bitcoin community, has brought attention to Bitcoin’s growing unit problem by proposing a new subunit for bitcoin called the ‘Finney’. This proposal addresses a pervasive psychological bias known as “unit bias.” This bias can have a significant effect on how the public perceives...
Samson Mow's suggestion to introduce a new Bitcoin unit, the "Finney," representing one twenty-one millionth of the total supply, has certainly stirred the pot. While the intention – tackling unit bias and highlighting Bitcoin's scarcity – is laudable, I believe this seemingly simple proposal could open a Pandora's Box of...
Samson Mow, long an influential voice in the Bitcoin community, recently unveiled a new metric for measuring Bitcoin. His proposal sparked a heated discussion about altcoin valuations and the psychological impact of unit bias. Mow proposed a new definition for the term “Finney,” changing it to mean one twenty-one millionth...
Samson Mow's recent foray into redefining Bitcoin units and simultaneously critiquing altcoin valuations is more than just a Twitter spat. It's a potential earthquake in the crypto landscape. That man was throwing a valuation hand grenade and the shrapnel is still airborne. Is it a chiefly destructive act, or a...
