coinspress.com
Sławomir Mentzen, leader of Poland's "New Hope" party and a presidential candidate, has proposed creating a national Bitcoin reserve for Poland.
Mentzen, who personally holds 33.7 BTC, expressed strong support for the initiative on social media, responding positively to a question from Lech Wilczyński, CEO of Instar Energy Lab. The proposal is backed by the Satoshi Action Fund, a U.S.-based group promoting similar legislation in the U.S.
The idea of a Bitcoin reserve aligns with Mentzen’s vision of positioning Poland as a cryptocurrency-friendly nation, advocating for low taxes and regulations that would encourage the growth of digital assets.
Mentzen’s remarks gained further attention when he stated that, if elected, he would make Poland a haven for cryptocurrency, fostering a supportive regulatory environment. However, the practical realization of this vision faces significant hurdles. His party, which secured just 6.2% of the vote in the 2023 parliamentary elections, lacks substantial legislative influence.
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Poland’s stance as a non-Eurozone EU member could also complicate the adoption of such an initiative. Despite these challenges, Mentzen’s popularity on social media, particularly with younger voters on platforms like TikTok, continues to rise, signaling growing interest in his unconventional policies.
His opposition to the European Union and fiscal conservatism further shapes his campaign, creating a platform that advocates for greater national sovereignty and reduced reliance on external financial systems. However, the path to implementing a national Bitcoin reserve remains uncertain, especially given the political landscape dominated by larger, more established parties.