
{"id":21534,"date":"2024-11-18T23:00:41","date_gmt":"2024-11-18T23:00:41","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=21534"},"modified":"2024-11-18T23:00:41","modified_gmt":"2024-11-18T23:00:41","slug":"poland-could-lead-with-bitcoin-reserve-presidential-hopeful-says","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=21534","title":{"rendered":"Poland Could Lead With Bitcoin Reserve, Presidential Hopeful Says"},"content":{"rendered":"<p>Bitcoin, cryptocurrency, and a strategic Bitcoin national reserve is no longer just a US election issue; it\u2019s now global, with many candidates taking the same sweeping proposal as a flagship policy.<\/p>\n<p>S\u0142awomir Mentzen, a Polish politician and chair of the New Hope Party, has recently announced a campaign promise to <a href=\"https:\/\/www.benzinga.com\/24\/11\/42030112\/the-trump-playbook-polish-presidential-candidate-mentzen-promises-to-establish-bitcoin-reserve\" target=\"_blank\" rel=\"noopener\">create a strategic Bitcoin reserve<\/a> for Poland.<\/p>\n<p>Mentzen unveiled his proposal via Twitter\/X, adding that \u201cthere\u2019s no reason to wait,\u201d referring to his country\u2019s potential Bitcoin cache. According to some reports, Mentzen is also invested in Bitcoin, with a holding of 33.7 BTC, or roughly $3 million, based on the current market price.<\/p>\n<p> Poland\u2019s presidential candidate recently vowed to create a strategic <a href=\"https:\/\/twitter.com\/hashtag\/Bitcoin?src=hash&amp;ref_src=twsrc%5Etfw\">#Bitcoin<\/a> reserve if he wins the election, following Donald Trump\u2019s lead. The move could be a huge change in crypto adoption for Poland.<a href=\"https:\/\/twitter.com\/hashtag\/Crypto?src=hash&amp;ref_src=twsrc%5Etfw\">#Crypto<\/a> adoption is growing rapidly\u2014don\u2019t miss this opportunity. Now is\u2026 <a href=\"https:\/\/t.co\/2cD86nS1hq\">pic.twitter.com\/2cD86nS1hq<\/a><\/p>\n<p>\u2014 The Times of PiNetwork (@PiNetwork24X7) <a href=\"https:\/\/twitter.com\/PiNetwork24X7\/status\/1858281891365064784?ref_src=twsrc%5Etfw\">November 17, 2024<\/a><\/p>\n<h2>It\u2019s About Time For Poland\u2019s Crypto Reserve \u2013 Mentzen<\/h2>\n<p>Mentzen\u2019s comment stemmed from a Twitter\/X user asking him if he\u2019d consider a strategic BTC reserve for Poland. The <a href=\"https:\/\/bitcoinist.com\/bitcoin-reserve-polish-presidential-candidate\/\" target=\"_blank\" rel=\"noopener\">Polish presidential candidate<\/a> answered in the affirmative, saying it was about time the country adopted this policy. He added that there\u2019s a bill for a strategic reserve for the top asset, and there\u2019s no time to wait.<\/p>\n<p>Mentzen further argued that a strategic stockpile must be passed instead of other ordinary crypto laws. The social media user is referring to the \u201cSatoshi Action Fund,\u201d a bill filed by a non-profit organization.<\/p>\n<p>The same lobby organization headed by Dennis Porter also helped draft a similar bill for the Pennsylvania House of Representatives.<\/p>\n<h2>Can Poland Follow The US Bitcoin Experience?<\/h2>\n<p>Although Bitcoin has become an election issue, whether Poland will join the <a href=\"https:\/\/en.haberler.com\/a-promise-of-bitcoin-reserves-has-been-made-in-18057200\/\" target=\"_blank\" rel=\"noopener\">Bitcoin bandwagon<\/a> remains to be seen. Poland is not part of the European Union and uses a separate currency, the zloty.<\/p>\n<p>Also, Mentzen\u2019s party boasts far-right policies but has limited influence in Polish politics. The Konfederacja party alliance nominated Mentzen for next year\u2019s presidential elections, but it\u2019s unlikely that he\u2019ll win with limited support from a small party.<\/p>\n<p>However, as a presidential candidate and a member of the Polish Sejma, one of the two chambers in the country\u2019s parliament, many believe the <a href=\"https:\/\/www.coingecko.com\/en\/coins\/bitcoin\" target=\"_blank\" rel=\"noopener\">Bitcoin<\/a> proposal will get some attention.<\/p>\n<p>Mentzen\u2019s Support Of Bitcoin Gets Traction<\/p>\n<p>Mentzen\u2019s social media post immediately garnered attention among observers and analysts. The politician even reposted his tweet and added another post sharing that he will ensure a friendly regulatory environment for cryptocurrency once he becomes the country\u2019s president.<\/p>\n<p>Today, election observers and market analysts are examining the possible role of Bitcoin in Mentzen\u2019s campaign. Some are already asking if his pro-BTC stance can help sway public opinion and votes, even if he\u2019s with a small party.<\/p>\n<p><em>Featured image from DFRLab, chart from TradingView<\/em><\/p>","protected":false},"excerpt":{"rendered":"<p>Bitcoin, cryptocurrency, and a strategic Bitcoin national reserve is no longer just a US election issue; it\u2019s now global, with many candidates taking the same sweeping proposal as a flagship policy. S\u0142awomir Mentzen, a Polish politician and chair of the New Hope Party, has recently announced a campaign promise to create a strategic Bitcoin reserve [&hellip;]<\/p>\n","protected":false},"author":0,"featured_media":21535,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-21534","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/21534"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=21534"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/21534\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/21535"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=21534"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=21534"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=21534"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}