Suriname's President Chan Santokhi collaborates with JAN3's CEO Samson Mow to formulate a Bitcoin strategy, aiming to revolutionize the nation's economic model. The discussions focus on integrating Bitcoin across financial infrastructure, capital markets, and sustainable energy projects, as Suriname aims to become a global leader in finance and technology.

Paramaribo, Suriname, December 13, 2023 /PRNewswire-PRWeb/ --

Suriname’s ongoing plans to reshape its economic model have captured the attention of renowned Bitcoin firm JAN3 and its CEO, Samson Mow. JAN3 met with President Chan Santokhi and his administration, laying the foundation for a comprehensive Bitcoin Strategy in Suriname spanning across the entire economy, ranging from financial infrastructure, capital market development to sustainable energy projects.

JAN3 was formally invited to Suriname by Minister of Foreign Affairs, Albert Ramdin, who has pushed for the nation to discover new economic drivers that can also help drive business and investment into the country. Ramdin had become intrigued by Bitcoin’s value proposition after understanding the positive developments that Bitcoin brought to El Salvador, as well as how it can modernize Suriname’s payments industry and improve financial inclusion for all citizens.

Before their talks with government officials, Mow and JAN3 Chief Operating Officer, Ben Van Hool, met with key people from Suriname’s business sector, including entrepreneurs, pension fund managers, representatives from banks, payment service providers, and the banking commission. JAN3’s pitch on the many benefits Bitcoin can bring to nations was particularly well-received by those coming from the finance industry.

However, to obtain a better understanding of Suriname’s economic landscape, Mow and Van Hool met with Central Bank Deputy Governor, Rakesh Adhin and his team on Monday. This encounter was deemed crucial by JAN3 to envision a local Bitcoin strategy, due to Suriname’s current debt and inflation numbers.

When asked why they had visited Suriname, Mow reflected that “Suriname’s current debt woes and inflationary cycle are part of a bigger problem, the legacy financial system. Bitcoin offers a way out not only for individuals but as El Salvador has shown, for entire nations looking to win back their financial sovereignty.”

JAN3’s talks with President Santokhi were held on Tuesday morning November 28th at the Office of the President after Mow and Van Hool had spent days getting to know the country. Conversations with the president revolved around energy, monetary theory, and even how Bitcoin mining operations could be installed in Suriname’s remote villages to help them be self-sustaining.

President Santokhi has asked JAN3 to provide a proposal and next steps on how to implement a Bitcoin strategy for Suriname, as his goal is for the country to be a global leader in finance and technology. The president wants to improve the lives of his people and use the latest technology to secure wealth for this and future generations as well as increased financial inclusion.

Mow, more widely known for his involvement in nation-state Bitcoin initiatives around the world, stated that “Bitcoin can do great things for all countries and there are no downsides to adopting it, but these trips and meetings are needed to learn firsthand how to address each nation-state’s strengths and needs in a Bitcoin context.”

Van Hool, a Belgian industrialist, added “We’re very excited to be in talks with the government of Suriname. While Bitcoin’s economic significance is beyond debate, we’ve also seen in El Salvador how it can boost industries like tourism. Suriname’s Amazon rainforest and natural beauty also deserve to attract thousands of Bitcoin tourists.”

Despite Suriname's status as the smallest South American country, Mow and Van Hool view this as an advantage. They assert that smaller nations face fewer obstacles to Bitcoin adoption and more potential upside, due to the absence of an entrenched financial infrastructure and the relative impact it can have on the international spotlight. Suriname represents a greenfield opportunity — a chance to be a global leader in innovation with Bitcoin technology.

JAN3 and the government of Suriname will continue discussing further steps and policies that the country can implement to leverage its natural resources in a wider Bitcoin strategy. Mow and Van Hool coincided in saying that their trip is evidence that Suriname is indeed open for business and foreign investment, which along with the country’s new oil operations, can fast-track economic growth and create new job opportunities for the Surinamese.

About JAN3

JAN3 is a digital infrastructure company focused on expanding access to Bitcoin technology, founded and led by Samson Mow, best known for his efforts in nation-state Bitcoin adoption around the world. JAN3's mission is to accelerate hyperbitcoinization by providing tools for individuals, autonomous regions, and sovereign nations to benefit from a free and open financial system based on Bitcoin.

Media Contact

Bevan Waite, JAN3, 1 4083484805, press@jan3.com, jan3.com

His Royal Highness Hereditary Prince Philip of Serbia and Yugoslavia, also known as Prince Filip Karađorđević, is joining Bitcoin startup JAN3 as Chief Strategy Officer. As CSO, Prince Philip will engage with high-level actors and oversee strategic initiatives to accelerate Bitcoin adoption for nation-states and individuals. Prince Philip previously worked as an analyst at a prestigious London asset management firm, helping clients make vital capital allocation decisions. His experience in finance and interactions with high-level decision-makers make him well suited for this new role, where he will further the company's mission of accelerating hyperbitcoininzation.

"We are very excited and fortunate to have Prince Philip join JAN3 as CSO. His unique background, family tradition in statecraft, and skill set in finance will allow us to have high-level conversations and initiatives about Bitcoin that wouldn't otherwise happen. He also brings the perspective of monarchies and their historically long time horizons. I can't think of anyone more qualified than Prince Philip to help us drive these strategic conversations and initiatives at a nation-state level, in Latin America and worldwide." - Samson Mow, JAN3 CEO.

"I'm enthusiastic about joining JAN3 and its mission of accelerating hyperbitcoinization. Bitcoin is freedom, something I want for Serbia and the world. Transgressions of human rights and liberties marked the communist era in Yugoslavia. In the 1990s, it suffered the third worst-ever hyperinflation in history and its consequent hardships. It is paramount to think about individuals and their property rights and liberties; otherwise, we risk losing everything and re-entering the dark ages.”

“I've worked extensively in the financial sector in London, helping clients analyze macro trends and the implications for their investments. My experience in the legacy financial world has opened my eyes to the industry's inefficiencies, which are in dire need of an upgrade. We need hard money that’s not subject to inflation, and Bitcoin is the solution as digital gold for the 21st century. I'm inspired to put my gifts at work to drive Bitcoin adoption forward for nation-states and individuals. Bitcoin is hope for a better future, and I believe it is our best chance at restoring freedom and enabling prosperity for people worldwide." - Prince Philip, JAN3 CSO.

HRH Hereditary Prince Philip comes from an illustrious line of ancestors. From his mother's side, HRH Princess María da Glória of Orléans-Bragança, he is the great-great-grandson of HIM Emperor Pedro II, the last emperor of Brazil, whose fierce opposition to slavery made way for the liberation of enslaved people in that country. From his father's side, HRH Crown Prince Alexander, he is a descendant of Karađorđe Petrović, revolutionary leader and founder of the Karadjordje dynasty, who led the first uprising against the Ottoman Empire, which ultimately led to Serbia's independence.

Prince Philip moved from London to Belgrade in 2020, where he resides with his wife, HRH Princess Danica and their son HRH Prince Stephen. He is fluent in Spanish and French and is continuing his Serbian studies. Hereditary Prince Philip enjoys surfing, snowboarding, football, and exercising. His interests include fine arts, financial markets, music and meteorology. He also runs a foundation in Serbia, which aims to improve conditions for the Serbians domestically and its diaspora abroad.

JAN3 is a digital infrastructure company focused on expanding access to Bitcoin technology, founded and led by Samson Mow, best known for his work with El Salvador's Bitcoin initiatives and his efforts in nation-state Bitcoin adoption around the world. JAN3's mission is to accelerate hyperbitcoinization by providing tools for individuals, autonomous regions, and sovereign nations to benefit from a free and open financial system based on Bitcoin.

Media Contact

Bevan Waite, JAN3, 1 4083484805, press@jan3.com, jan3.com