According to Samson Mow, the main factor holding Bitcoin back from reaching the million-dollar mark is a lack of global understanding.
Bitcoin remains widely misunderstood by both retail investors and institutional players, who often associate it with speculative trading or overlook its core principles.
Mow believes that education and awareness are crucial for Bitcoin's exponential growth, highlighting the need for a deeper understanding of its decentralization and digital scarcity.
Additional obstacles to Bitcoin's growth include regulatory uncertainty, media skepticism, technical barriers for mainstream adoption, scaling limitations, and energy use concerns.