Poland's presidential candidate commits to building a Strategic Bitcoin Reserve Fund

The presidential candidate of Poland, Sławomir Mentzen, has just announced that if elected in 2025, he will establish a Strategic Bitcoin Reserve Fund for the country. This commitment was made on November 17th, amidst a growing trend of using Bitcoin as a strategic asset, which is gaining interest from many countries, including the United States.

Details of Mentzen's statement

Mentzen, a prominent candidate with pro-crypto views among the libertarian and right-wing voters in Poland, asserted that he will make Poland a cryptocurrency-friendly nation. When asked if he plans to establish a strategic Bitcoin reserve fund, Mentzen replied succinctly and confidently: 'Of course.'

Looking back at other countries that have gone ahead

Mentzen is not the only leader committed to building a reserve Bitcoin fund. Previously:

• Elected U.S. President Donald Trump also promised to establish a strategic Bitcoin fund with the goal of purchasing 1 million Bitcoin over 5 years, with a minimum reserve of 20 years.

• El Salvador was the first country to recognize Bitcoin as legal tender in 2021. To date, this country has held approximately 5,748.8 BTC under President Nayib Bukele's leadership.

• The Kingdom of Bhutan has quietly mined Bitcoin for many years and currently owns about 780 million USD in digital assets.

Impact on Poland

If Mentzen's commitment becomes a reality, Poland could quickly join the group of pioneering countries using Bitcoin as a strategic reserve asset. This would not only help the country enhance its economic strength but also expand its ability to protect against global financial volatility. However, this also requires consensus and clear guidance from the government and lawmakers.

Conclusion

Sławomir Mentzen's promise to build a strategic Bitcoin fund reflects the increasing role of crypto on the international stage. While the U.S. and many other countries have already begun to take action, Poland has the opportunity to become one of the leading nations in Europe if it can leverage this digital transformation wave.