Poland’s presidential candidate Slawomir Mentzen has presented a notable proposal during his campaign. He suggested that Poland should create a strategic Bitcoin $90,857 reserve, seemingly inspired by similar movements in the United States. According to him, this step could position Poland as a leading country in the international cryptocurrency arena.
Bitcoin Reserve and Cryptocurrency Vision
On November 19, Mentzen shared his vision on platform X, stating his goal for Poland to become a cryptocurrency hub. He advocates for the proposed Bitcoin reserve to be supported by national banks and friendly regulations. This vision could be strengthened by low taxes and support from the banking system.
In his remarks, Mentzen declared, “We will make Poland a cryptocurrency paradise. We will introduce very friendly regulations and low taxes.”
Predictions Regarding Bitcoin Price
Bitcoin is currently trading around $90,547, with a market value of approximately $1.8 trillion. Some analysts predict that the price of Bitcoin could exceed $100,000 by the end of the year, while others believe the price increase may continue for several more weeks.
Experienced analyst Rekt Capital commented, “Bitcoin has not peaked yet. Based on historical data, there could be another 3-4 weeks of growth.”
Election Campaign and Global Implications
Elections in Poland are scheduled for May 2025. Mentzen’s Bitcoin-focused strategy could play a significant role in the election outcome. Despite being a candidate from a small party, this innovative proposal could garner support for him. Moreover, the idea of adopting Bitcoin as a reserve asset among nation-states is gaining popularity.
These developments provide insights not only for Poland’s future but also for the global cryptocurrency market. Mentzen’s proposal could reinforce Bitcoin’s role in governmental policies.