🌟French MPs call for the EU to adopt a strategic reserve of Bitcoin
Sarah Knafo, a French MEP, recently gave an impassioned speech in which she called on the EU to establish its own "strategic reserve of Bitcoin". The former political adviser and local judge is now a rising star in the European Parliament. She believes that this is not only for financial autonomy, but also a key step in fighting inflation.
In her speech, Knafo mentioned the success of Bitcoin in El Salvador, as well as the changes in the attitudes of former US President Trump and Federal Reserve Chairman Powell towards Bitcoin, emphasizing that global recognition of Bitcoin is rising. She warned that if the EU does not keep up with this trend, it will fall behind in the financial competition.
Knafo also said that El Salvador's decision to use Bitcoin as legal tender three years ago was criticized a lot at the time, but now their investment has doubled. She believes that the EU missed such an opportunity, while El Salvador used the gains to strengthen national security and sovereignty.
Knafo also called for a thorough reform of EU financial policies in her speech and opposed the ECB's centralized control over the digital euro. She stressed: "We need to resist the ECB's totalitarian tendencies. Now is the time to choose freedom."
Knafo also talked about the government's fiscal deficit as the culprit for inflation and economic instability. She pointed out that the deficit incurred by the government to increase the money supply eventually led to rising prices and market chaos.
Therefore, she believes that it is necessary for the government to take measures to protect its citizens from these economic fluctuations caused by fiscal policies.
💬Do you agree with Knafo's point of view? Do you think the EU really needs to build its own Bitcoin reserves? Leave your opinions and ideas in the comment area!
