{"id":99876,"date":"2024-11-18T02:56:09","date_gmt":"2024-11-18T06:56:09","guid":{"rendered":"https:\/\/coinscreed.com\/staging\/?p=99876"},"modified":"2024-11-18T02:56:14","modified_gmt":"2024-11-18T06:56:14","slug":"polish-presidential-candidate-pledges-btc-reserve","status":"publish","type":"post","link":"https:\/\/coinscreed.com\/staging\/polish-presidential-candidate-pledges-btc-reserve\/","title":{"rendered":"Polish Presidential Candidate Pledges BTC Reserve If Elected"},"content":{"rendered":"\n

S\u0142awomir Mentzen, the Polish presidential candidate, has pledged to establish a Bitcoin reserve<\/a> if elected president in the upcoming 2025 election. <\/p>\n\n\n\n

\"Polish
Polish Presidential Candidate Pledges BTC Reserve If Elected<\/figcaption><\/figure>\n\n\n\n

In a Nov. 17 statement to X, Mentzen reiterated his position that Poland will become more crypto-friendly if he is elected president. This was in response to whether he would contemplate establishing a Bitcoin reserve.<\/p>\n\n\n\n

He stated that Poland should establish a Strategic Bitcoin Reserve.<\/p>\n\n\n\n

“If I am elected President of Poland, our nation will be transformed into a cryptocurrency haven, with a supportive approach from banks and regulators, low taxes, and extremely friendly regulations.” Mentzen further stated, “BTC to the Moon.”<\/p>\n\n\n\n

\"\"
Source:\u00a0<\/em>S\u0142awomir Mentzen\r\n \r\n \r\n \r\n <\/g>\r\n \r\n \r\n \r\n <\/clipPath>\r\n <\/defs><\/svg><\/span><\/a><\/figcaption><\/figure>\n\n\n\n

In a previous post, Lech Wilczynski, the CEO of the crypto exchange Swap.ly, shared the open-source Strategic Bitcoin Reserve model policy developed by the Satoshi Action Fund, a crypto advocacy organization. Wilczynski inquired whether Mentzen would adhere to the plan if elected.<\/p>\n\n\n\n

“The draft bill regarding the strategic Bitcoin reserve is accessible for implementation.” Waiting serves no purpose. Wilczynski stated that this should be the priority before it is too late rather than passing a nonsensical measure on crypto assets.<\/p>\n\n\n\n

“Will President S\u0142awomir Mentzen pursue the establishment of a strategic reserve in Poland?” he inquired.<\/p>\n\n\n\n

Mentzen responded by stating, “Certainly.”<\/p>\n\n\n\n

At some point in May 2025, Poland will conduct presidential elections. The popularity of Mentzen in Poland has been exceptionally high among libertarian and right-wing electors.<\/p>\n\n\n\n

Following the path of other Bitcoin leaders<\/h2>\n\n\n\n

One of the numerous crypto-related pledges that Trump made during his campaign was the establishment of a “Strategic Bitcoin Stockpile.”<\/p>\n\n\n\n

Senator Cynthia Lummis<\/a> introduced a bill in July establishing a Bitcoin strategic reserve. The bill would establish a Bitcoin fund to mitigate the national debt if authorized.<\/p>\n\n\n\n

As stipulated in the measure, the objective is to accumulate one million Bitcoins over five years and maintain them for at least twenty years.<\/p>\n\n\n\n

Two additional nations have implemented substantial measures to accumulate significant quantities of Bitcoin.<\/p>\n\n\n\n

In 2021, El Salvador became the first country in the world to recognize Bitcoin as a lawful tender. President Nayib Bukele has directed the government to accumulate Bitcoin more frequently, and its current stockpile is approximately 5,748.8.<\/p>\n\n\n\n

For years, the Kingdom of Bhutan has also been discreetly mining Bitcoin. Arkham Intelligence <\/a>disclosed that Bhutan possessed approximately $780 million in digital assets in September.<\/p>\n","protected":false},"excerpt":{"rendered":"

S\u0142awomir Mentzen, the Polish presidential candidate, has pledged to establish a Bitcoin reserve if elected president in the upcoming 2025 election. In a Nov. 17 statement to X, Mentzen reiterated his position that Poland will become more crypto-friendly if he is elected president. This was in response to whether he would contemplate establishing a Bitcoin […]<\/p>\n","protected":false},"author":12,"featured_media":99880,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[83],"tags":[22861,1273,22860],"class_list":["post-99876","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-bitcoin-news","tag-2025-election","tag-poland","tag-strategic-bitcoin-reserve"],"jetpack_featured_media_url":"https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2024\/11\/pol.jpg","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts\/99876","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/users\/12"}],"replies":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/comments?post=99876"}],"version-history":[{"count":0,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts\/99876\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/media\/99880"}],"wp:attachment":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/media?parent=99876"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/categories?post=99876"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/tags?post=99876"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}