Polish Presidential Candidate Sławomir Mentzen Pledges Support for Strategic Bitcoin Reserve

According to Cointelegraph: Polish presidential candidate Sławomir Mentzen has vowed to establish a Strategic Bitcoin Reserve if elected in 2025, signaling a significant shift toward a crypto-friendly future for Poland. Mentzen, popular among libertarian and right-wing voters, made the commitment in response to a public inquiry on X (formerly Twitter) on Nov. 17, following a proposal shared by Lech Wilczynski, CEO of crypto exchange Swap.ly.Mentzen’s Vision for a Crypto-Forward PolandMentzen affirmed his intention to implement a Bitcoin reserve in line with an open-source model policy by the Satoshi Action Fund, which advocates for governments to hedge against economic instability with Bitcoin. “Of course,” Mentzen replied when asked if he would pursue this strategy if elected.The presidential candidate also highlighted his broader goal of making Poland more crypto-friendly, a stance that resonates with younger, tech-savvy voters in a rapidly digitizing economy.Following Global Bitcoin LeadersMentzen’s proposal mirrors promises made by U.S. President-elect Donald Trump, who pledged to establish a "Strategic Bitcoin Stockpile" as part of his administration’s crypto strategy. The plan aligns with a bill introduced by U.S. Senator Cynthia Lummis, aiming to acquire one million Bitcoin within five years to hedge against national debt.Similarly, countries like El Salvador and Bhutan have embraced Bitcoin on a national scale. Under President Nayib Bukele, El Salvador legalized Bitcoin as legal tender in 2021 and has accumulated 5,748 BTC to date. Bhutan, through its mining operations, holds approximately $780 million in digital assets, as revealed by Arkham Intelligence in September 2024.Poland's Opportunity in the Crypto SpaceIf implemented, a Bitcoin reserve could position Poland as a regional leader in cryptocurrency adoption. Such a move would align with growing global trends of governments using Bitcoin as a hedge against economic volatility and inflation.With presidential elections scheduled for May 2025, Mentzen’s pro-Bitcoin stance could appeal to voters seeking innovative financial policies and greater economic independence through digital assets.Poland may soon join the ranks of nations making bold strides in Bitcoin adoption, with Mentzen leading the charge toward a crypto-driven economic future.