The Bitcoin Effect: Polish Presidential Candidate Sławomir Mentzen Promises Strategic BTC Reserve

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As an analyst with a background in political economy and a keen interest in digital currencies, I find Mentzen’s policy shift intriguing. His announcement of establishing a Strategic Bitcoin Reserve, if elected, positions Poland as a potential global crypto hub, much like the U.S. under Trump’s administration.

If elected in May 2025, the Polish presidential candidate, Sławomir Mentzen, intends to set up a Strategic Bitcoin Reserves.

On November 17th, a 37-year-old liberal political figure expressed his new viewpoint about digital assets on platform X, signifying a change from his earlier position on this topic.

Mentzen Promises to Make Poland a Crypto Haven

Mentzen proposed that Poland establish a Strategic Bitcoin Reserves, framing it as an essential aspect of his plan to transform Poland into a leading global hub for cryptocurrencies. He assured supportive regulations, reduced tax burdens, and collaborative banking and governmental policies tailored towards crypto-related businesses.

His post ended enthusiastically with the phrase, “BTC to the Moon!”

As an analyst, I’d like to draw attention to a notable point made by Lech Wilczyński, the CEO of Swap.ly, a cryptocurrency exchange. In a separate discussion, he emphasized the open-source model policy of the Satoshi Action Fund for a Strategic Bitcoin Reserve. This means that the fund operates with transparency, making its strategies and Bitcoin holdings publicly available for all to see.

Asked openly about his stance on adopting this particular framework should he become President, and if he planned to create a comparable reserve in Poland, Mentzen confirmed yes, replying, “Indeed.

This promise mirrors a comparable pledge made by the newly elected President of the United States, Donald Trump, during his election campaign, in which he vowed to establish a “Reserve of Bitcoin Assets.

In May 2025, Poland is set to conduct its presidential election. A notable contender, Mentzen, has garnered significant popularity and has been backed by many, especially those leaning towards libertarianism and conservative views.

Instead of just backing cryptocurrency, he has made the New Hope party a strong conservative voice in Poland.

This contender expresses firm opposition to the European Union (EU), even suggesting that Poland should leave the union. He also voices disapproval of excessive taxation and generous welfare programs, which aligns with his belief in financial austerity. His political stance emphasizes national autonomy.

A Shift in Perspective

Recently, Mentzen has switched his stance on Bitcoin, contrasting with his previous reservations. In an interview last year, reported by local press, he voiced concerns over cryptocurrencies, considering them as potentially risky investment choices.

In 2013, he confessed to putting all his savings into Bitcoin and holding onto the majority since then. However, he mentioned that he’s been hesitant to buy more lately due to worries about its unpredictable nature.

Back in 2013, I invested my entire savings into cryptocurrencies. It turned out to be a profitable decision at the time, but if we’re talking about 2022, making such an investment could seem imprudent or risky.

Indeed, Mentzen’s latest remarks indicate a shift in his stance. At present, it is said that he owns approximately 33.7 Bitcoins, which are worth more than $3 million.

This shift in perspective is reminiscent of U.S. President-elect Donald Trump, who initially expressed support for Bitcoin and welcomed cryptocurrency donations during his presidential campaign.

Later on, he also gave numerous additional commitments, among them was a vow to turn America into a global leader in cryptocurrency. This transition struck a chord with the electorate, solidifying his image as a crypto advocate, and contributing significantly to his re-election bid and return to the White House.

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2024-11-18 18:37