Polish presidential candidate Sławomir Mentzen has pledged to establish a Bitcoin reserve, citing inspiration from U.S. President Elect Donald Trump, who supported Bitcoin to garner electoral support.
Sławomir Mentzen Member of the Sejm of the Republic of Poland (Source: TVP World
Key Points:
- Slawomir Mentzen, a candidate for president of Poland, supports the establishment of a strategic Bitcoin reserve.
- Following Donald Trump’s victory in the US election, Mentzen’s suggestion is in line with an expanding worldwide trend.
- Mentzen declared himself “all-in” on Bitcoin in 2013.
- There is a growing expectation that the price of Bitcoin will reach $100,000 in November.
In his recent campaign for president, Slawomir Mentzen of Poland advocated for a strategic Bitcoin reserve. Other world leaders have followed Donald Trump’s lead after his success in the US presidential election. While the price of bitcoin is seeing a huge surge above $93,000, investor Mentzen expects a similar paradigm shift in the Polish elections.
Polish presidential candidate Sławomir Mentzen has pledged to establish a Bitcoin reserve, if elected. The Polish presidential candidate possesses nearly $3 million worth of 33.7 Bitcoin.
Poland Wants to Have a Strategic Bitcoin Reserve Like the US
Slawomir Mentzen, the KORWiN party’s presidential candidate from Poland, called for Poland to establish its own strategic Bitcoin reserve in a post on the X platform on November 18. It’s interesting to note that Mentzen suggested supporting the establishment of this reserve with national banks and crypto-friendly policies. He wrote:
“Poland will become a cryptocurrency haven with very benevolent regulations, low taxes, and a supportive attitude from banks and regulators if I am elected president.” Bitcoin to the Moon!
Source: The Crypto Times
Poland is expected to hold elections in May 2025; thus, an early campaign for Bitcoin could change how the elections unfold in the upcoming months. Slawomir Mentzen can make a big impact on this Bitcoin drive while being the candidate of a little party.
The Bitcoin Game Theory, according to several market observers, will soon be implemented across nation-states, quickly causing a snowball effect. Bitcoin figures in the US, such as Michael Saylor and Cynthia Lummis, have started discussions with President-elect Donald Trump. They have highlighted the potential value of holding a Bitcoin reserve and suggested it could help reduce the US national debt by approximately $16 trillion.
Nation-state leaders now view Bitcoin as an essential reserve asset, much like gold. Additionally, Senator Cynthia Lummis suggested that state-federal banks sell a portion of the gold and use the money raised to purchase Bitcoin.
