Mentzen has announced on X his intention to make Poland more crypto-friendly if elected president. Poland’s presidential elections are scheduled for May 2025.
Echoing a campaign promise made by former U.S. President Donald Trump, Polish presidential candidate Sławomir Mentzen has committed to creating a Bitcoin reserve if he wins the upcoming election. Responding to a question on November 17 about establishing such a reserve, Mentzen expressed his dedication to fostering a more crypto-friendly environment in Poland.
Earlier, Lech Wilczynski, CEO of cryptocurrency exchange Swap.ly, inquired whether Mentzen would consider adopting the “Strategic Bitcoin Reserve” policy developed by the Satoshi Action Fund. Wilczynski emphasized the urgency of implementing this policy, stating:
“The draft bill on the strategic Bitcoin reserve is ready for use. There’s no time to waste. This should take precedence over passing ineffective crypto legislation.”
Banking on Bitcoin
Poland’s presidential elections in May 2025 will be a crucial moment, especially for Mentzen, who has gained significant support among right-wing and libertarian voters. One of Trump’s notable campaign promises included the establishment of a “Strategic Bitcoin Stockpile.”
Similarly, in July, U.S. Senator Cynthia Lummis introduced legislation proposing a strategic Bitcoin reserve to hedge against national debt. The plan outlines purchasing one million Bitcoins over five years and holding them for at least two decades.
Globally, cryptocurrency is increasingly being recognized as a vital reserve asset akin to gold. Senator Lummis’s proposal suggests using proceeds from gold sales to acquire Bitcoin, further solidifying its role as a strategic asset.
Interestingly, Mentzen revealed in 2013 that he had invested his entire savings into Bitcoin, highlighting his early belief in the cryptocurrency’s potential. This aligns with his current advocacy for a strategic Bitcoin reserve, a move that could position Poland as a leader in crypto adoption.
