Invest Cuffs in Warsaw is behind us. During the event, Sławomir Mentzen, BTC investor and leader of the Confederation, talked, among others, about bitcoin. He said why he invests in cryptocurrency.
Sławomir Mentzen recalls how he started his adventure with BTC
Mentzen does not hide the fact that he is an early adopter – he bought his BTC in 2013. Thomas, his brother, talked him into it.
He convinced me that it was worth getting interested and investing in it. I have held bitcoin ever since.
– he said.
He described his investing philosophy:
I am not a gambler or a speculator. I’m sticking with Bitcoin, I’m a hodler, and I’m just watching it grow in value. It’s not complicated, but it requires mental toughness and – as they say – diamond hands, so as not to sell in panic.
It is worth adding that Mentzen, as he showed in his last declaration of assets, has approximately 34 BTC (in addition to euros, dollars, pounds and finally… V-bucks, i.e. the game currency Fortnite).
How to regulate cryptocurrencies?
During the interview, the topic of cryptocurrency regulation could not be omitted. Mentzen appealed to Karol Nawrocki to veto the bill as president:
I convinced him, presented arguments and I hope he will veto the bill. I believe that my arguments will prove effective.
He added that MPs generally do not understand how digital assets work.
The only people in parliament who really understand cryptocurrencies are the members of the Confederation. Apart from us and a few PiS MPs, the rest have no idea what they are talking about.
– he summed up the poor knowledge of parliamentarians.
He recalled that during the meeting, “some people talked about ‘blackchain’ or ‘tablet coins’, reading from pieces of paper things they didn’t even understand well.”
This shows how low the level of awareness is among MPs
– he added.
In his opinion, the problem in the Polish system is the Polish Financial Supervision Authority (KNF), which has been attacking the cryptocurrency market for years. And in fact, in recent years, the Polish Financial Supervision Authority has been eager to include crypto entities on its “blacklist” – even those that are still operating today and are not scams.
You can watch the entire interview on YouTube.
