Why Samson Mow Thinks Bitcoin is the Only Real Deal in a World of Quitting Developers

by

Ah, dear reader! Allow me to introduce you to the illustrious figure known as Samson Mow, a fervent advocate of that most enigmatic and beguiling creation, Bitcoin. This man, the CEO of JAN3, recently took to the digital forum of X, where he articulated with fervor a most poignant truth regarding the superiority of Bitcoin over its wretched altcoin brethren. One cannot help but think, what a world we live in, where a mere digital currency can evoke such passionate discourse! 🤔

This proclamation came in the wake of a rather dramatic exodus-yes, an exodus!-of the Zcash core developer team. It conjures up images of biblical proportions, does it not? And thus, Mow, in his inimitable style, did not miss the opportunity to express his thoughts on these “s-coin developers” who seem to abandon their posts with the fickleness of a summer breeze.

Mow’s Scathing Critique of Altcoin Developers

In addressing the community, Mow issued a clarion call, extolling the virtues of Bitcoin while casting a disparaging glance at those who dare to dabble in altcoins. He lamented the alarming tendency of altcoin developers to, quite literally, pack their bags and vanish into the ether-a phenomenon he claims Bitcoin stands steadfast against. How, you may wonder? Ah, it is the mysterious Satoshi Nakamoto, who, like a ghostly figure from a Dostoevskian narrative, departed the scene back in December 2010, leaving behind a decentralized empire in his wake.

Indeed, Bitcoin has transcended the realm of mere currency; it is now viewed as an almost sacred institution. In contrast, altcoins-those untrustworthy creatures like Ethereum and XRP-are deemed little more than scams by Mow and his band of Bitcoin purists. The audacity! The nerve! 😏

Bitcoin is insurance against shitcoin dev teams quitting all at once.

– Samson Mow (@Excellion) January 9, 2026

Moreover, our Bitcoin connoisseurs often tout the absolute scarcity of this digital currency, with a cap of 21 million coins-an exquisite limitation, if I may say so! Over 19 million have already been unearthed, much like treasures from the depths of a forgotten past.

The Great Zcash Developer Exodus

Now, what of the poor souls at the Electric Coin Company, the architects of Zcash? Alas, they have announced their departure, embroiled in a tempestuous clash over governance issues. Oh, the irony! A nonprofit board distracted from its noble mission of privacy! One can only imagine the existential dread that must have ensued. As a result, the price of ZEC plummeted-oh, the perils of mismanagement! It fell by around 20%, erasing a staggering $1.6 billion in market capitalization. Such is the fate of those caught in the web of governance! 🥴

This calamity has only served to highlight the vulnerabilities that lurk within the governance structure of this purportedly decentralized project. Meanwhile, the early privacy coin Monero has found itself basking in newfound investor interest, reminiscent of a phoenix rising from the ashes-though its initial developer has also taken leave of the project. What a delightful tapestry of irony we weave!

In times past, when chaos reigned within the Bitcoin developer community-as it did in 2017 and 2018-such tumult resulted in hard forks, giving rise to monstrosities like Bitcoin Cash and Bitcoin SV. Yet, amidst the fray, the original BTC protocol stood resilient, continuing to dominate the cryptocurrency landscape. One cannot help but marvel at the intricate dance between creation and destruction in this curious digital realm.

Read More

2026-01-09 14:28