Sławomir Mentzen, a leading candidate in Poland’s impending 2025 presidential election, plans to establish a strategic Bitcoin reserve if elected. Mentzen, known for his libertarian and crypto-friendly stance, also promised to turn Poland into a refuge for cryptocurrency fans through regulatory reforms and tax cuts.
Mentzen announced his plans on social media, emphasizing Bitcoin’s ability to boost Poland’s economy and provide a hedge against inflation. “If elected, I will ensure Poland adopts very friendly regulations, lower taxes, and an encouraging approach from banks and regulators,” he told reporters.
This idea is consistent with a global trend of leaders evaluating Bitcoin as a strategic asset. Countries such as El Salvador have already accepted Bitcoin as legal tender and are expanding their national reserves, while Bhutan is actively involved in cryptocurrency mining and accumulation.
Poland should create a Strategic Bitcoin Reserve.
— Sławomir Mentzen (@SlawomirMentzen) November 17, 2024
If I become the President of Poland, our country will become a cryptocurrency haven, with very friendly regulations, low taxes, and a supportive approach from banks and regulators.
BTC to the Moon! pic.twitter.com/izKc4spkkV
Mentzen’s remark follows an open-source policy request by Lech Wilczyński, CEO of a cryptocurrency exchange, pushing Poland to establish a strategic Bitcoin reserve. Wilczyński suggested that this decision will improve the country’s financial stability and future-proof the economy. Mentzen replied affirmatively, demonstrating his dedication to the program.
Mentzen, the leader of the New Hope party and co-leader of the right-wing Confederation alliance, has acquired strong support from libertarian and conservative voters. He is especially popular among younger demographics, thanks to his strong social media presence and personable campaign methods like his “Beers with Mentzen” events.
However, his journey to the presidency is not without obstacles. Polls show Mentzen facing significant opposition from other major candidates, necessitating a broadening of his appeal beyond his core supporters.
If successful, Mentzen’s presidency might propel Poland to the forefront of cryptocurrency use in Europe, signaling a dramatic move toward incorporating Bitcoin into national economic strategy.
