# Samson Mow Says Fiat Printing Must Stop Before He Turns Bearish on Bitcoin

By Sonny Jang

Canonical URL: https://www.tokenpost.com/news/people/54892
Published: 2026-11-12T04:02:21.000Z
Updated: 2026-11-12T04:02:21.000Z
Section: People

> The JAN3 CEO named no currency or test for when money creation would stop. U.S. M2 rose 5.7% year over year through September 2026.

JAN3 founder and CEO Samson Mow said Wednesday he would turn bearish on Bitcoin (BTC) only if fiat money printing stopped, setting no measure or deadline for that condition.

“I will be bearish on Bitcoin the day they stop printing more fiat,” Mow wrote in a Nov. 11 post on X.

Mow did not name the currencies or jurisdiction he meant. He also did not cite U.S. M2 or identify another measure that would show fiat expansion had stopped.

Seasonally adjusted U.S. M2 stood at $23.414 trillion in September 2026, up 5.7% from $22.149 trillion in September 2025. M2 combines M1 with small-denomination time deposits and retail money-market fund balances, then subtracts certain retirement-account balances. The measure covers forms of money beyond physical currency.

Bitcoin’s protocol cuts the rate of new issuance over time and limits the total supply to 21 million BTC. Mow did not connect that schedule or the U.S. M2 figures to his stated condition.