It is possible that this year the USA will create a strategic bitcoin reserve, and Hong Kong may follow a similar direction. The idea is being discussed in Germany. What is the National Bank of Poland (NBP) doing at this time? He says no to bitcoin.
Bitcoin reserves of countries
The US elections were won by the Republican Party, and the fight for the White House was won by Donald Trump, who wants to create a strategic bitcoin reserve. The relevant bill has already been submitted to Congress by Senator Cynthia Lummis. In Germany, the debate on creating such a reserve was started by former German Finance Minister Christian Lindner, who heads the Free Democratic Party. The group even included the idea of establishing a reserve in its program.
Hong Kong has now joined the USA and Germany – there is also an ongoing debate in this city-state about whether it is worth creating a BTC reserve. It is possible that this is an introduction to the revolution that Beijing may carry out in its policy.
What is happening in Poland at this time? Sławomir Mentzen, the leader of Confederation and the party’s presidential candidate, announced that he wants to create a cryptocurrency reserve. The problem is that he has little chance of success in the presidential election, and the alliance of nationalists and liberals, led by him together with Krzysztof Bosak, has too few deputies in the Sejm to really change anything in our country.
Of course, the current government and the central bank, managed by Adam Glapiński, remain. Will the bitcoin revolution come from this direction in Poland?
The National Bank of Poland says “no”
Dziennik Gazeta Prawna decided to ask the National Bank of Poland whether it plans to purchase bitcoins. The answer he received shows that the central bank authorities probably live in different realities than those known to many investors.
Adam Glapiński and his colleagues do not intend to buy BTC due to… too low liquidity on the market. This argument is surprising and sounds like a naive excuse, because in the case of bitcoin it is difficult to talk about low liquidity today. For now, however, as you can see, there is no point in counting on Poland “arming” itself with cryptocurrencies.
You can buy Bitcoin and other cryptocurrencies in a simple and safe way on the zondacrypto exchange.