-
Despite the political challenges, the proposal can break new ground in Europe.
-
The community hopes that more proposals will emerge to include bitcoin in reserves.
“Poland should create a strategic reserve of bitcoin,” proposes presidential candidate Sławomir Mentzen, clearly inspired by Donald Trump’s recent victory as president of the United States.
Mentzen, following in Trump’s footsteps, has the ambitious vision of transforming Poland into a cryptocurrency-friendly country. To achieve this, it proposes a favorable environment for the cryptocurrency industry to prosper in Polish territory.
He says that once he becomes president he will promote friendly regulation for crypto assets, so that his country becomes a safe haven for financial innovation.
In Poland they oppose cryptocurrencies because the State cannot control them. As a result, companies trying to operate in this modern industry had to close or leave Poland. Therefore, as president, I will strive to liberalize cryptocurrency trading and ensure that Poland has the most cryptocurrency-friendly law in the entire European Union, thanks to which we will become a European hub for companies in this industry. This will attract many modern companies to Poland and create well-paid jobs.
Slawomir Mentzen, presidential candidate of Poland.
Mentzen wrote on the social network X his idea for Poland to have a strategic reserve of bitcoin. This in reaction to a public statement by Lech Wilczyński, CEO of Instar Energy Lab SA, who called for immediate action: “Instead of meaningless bills on crypto assets, this should be passed as a priority.” Something Mentzen agreed with.
Immediately, several in the Bitcoin community left their comments. Among them, the political strategist and bitcoiner Dennis Porter, who, from the Satoshi Act Fund, supports the idea of bitcoin being in the United States Reserves.
Other X users see it as a natural fact that bitcoin is being considered part of nations’ reserves. “All countries are exploring this option at the moment,” it is commented. Generally speaking, there is a lot of enthusiasm for more countries to consider cryptocurrency to back their national currencies. However, in Poland, that may be far from becoming a reality.
The “New Hope” party to which Mentzen belongs, although it has gained popularity in certain sectors, has limited representation in Parliament. Furthermore, the ruling party, PiS, maintains a solid majority and could oppose such a radical proposal, as highlighted by the BitcoinDACH site.
In any case, it is possible that Mentzen’s proposal will be integrated as part of a broader political program that seeks to position Poland as a bastion of national sovereignty with bitcoin, applying strategies such as those adopted by Nayib Bukele, in El Salvador.
In this way, Poland has the potential to make its way as a leader in bitcoin adoption in Europe. This is especially given the fact that the continent risks being left behind, considering that the United States in North America and El Salvador in Latin America, as well as Bhutan in Asia, are showing their belief that bitcoin has potential. as a national reserve asset.