Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesCopyBotsEarn
Slawomir Menzen Promises to Create Bitcoin Reserve Fund in Poland

Slawomir Menzen Promises to Create Bitcoin Reserve Fund in Poland

HappyCoinNewsHappyCoinNews2024/11/18 14:11
By:HappyCoinNews

MP Slawomir Menzen promises create a state reserve in Poland Bitcoin - fund in the event of his victory in the presidential elections.

Menzen believes that buying bitcoins with budget funds will strengthen the Polish economy by diversifying reserve financial resources. Slawomir highly values ​​the potential of the digital asset because, unlike fiat currencies, its supply is limited to 21 million coins, so BTC will not be subject to inflation after the last coin is mined and will become an excellent tool for saving capital.

Slawomir Menzen Promises to Create Bitcoin Reserve Fund in Poland image 0

Slavomir Menzen

Menzen knows about Bitcoin firsthand. He owns 33,7 BTC, worth $3 million at the current rate. In this regard, the politician’s statements should be taken seriously, but he has little chance of implementing his plan.

According to the results of opinion polls, the greatest popularity among voters enjoy the current head of Poland Andrzej Duda and the country's Prime Minister Donald Tusk. Slawomir leads the libertarian-conservative New Hope party, which is not included in the list of major political forces and controls only 6 of the 460 seats in the Sejm. Given this fact, it becomes obvious that Menzen is unlikely to win the presidential elections scheduled for May 2025.

Apparently, Slawomir decided to follow the example of the newly elected US President Donald Trump, who during the election campaign threatened to create a reserve Bitcoin -fund. However, the founder of the investment company Galaxy Digital, Mike Novogratz сомневР° ется , that Trump will be able to fulfill his promise due to bureaucratic obstacles.

EN @happycoinnews
EN @happycoinnews_en
0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Locked for new tokens.
APR up to 10%. Always on, always get airdrop.
Lock now!

You may also like

BTC breaks through $98,500

Cointime2024/11/22 11:11

Ethereum futures open interest hits new all-time high of over $20 billion, signalling bullish momentum: CryptoQuant

Ethereum futures open interest across all exchanges has hit a new all-time high, according to CryptoQuant data.Positive funding rates and record leverage ratios highlight increased risk-taking, with traders betting on rising Ethereum prices.

The Block2024/11/22 10:33

US dollar index DXY breaks through 108

Cointime2024/11/22 10:00