Polish presidential candidate Sławomir Mentzen pledges to establish a Bitcoin reserve if elected in 2025.
Polish presidential candidate Sławomir Mentzen has pledged that if he wins next year's election, he will establish a Bitcoin reserve, echoing a promise made by former US President Donald Trump during his campaign.
In a statement published on November 17 to X, Mentzen reiterated his position that if he is elected president, Poland will become more supportive of cryptocurrencies, after being asked whether he would consider implementing a Bitcoin reserve.
In a previous post, Swap.ly CEO Lech Wilczynski shared a model policy for an open-source "strategic Bitcoin reserve" created by the cryptocurrency advocacy group Satoshi Action Fund, and asked Mentzen if he would follow the plan if elected.
"The draft bill on the strategic Bitcoin reserve is already available for use. Waiting is pointless. Rather than passing a ridiculous law on crypto assets, it would be better to pass this bill before it's too late," Wilczynski said.
"Will President Sławomir Mentzen seek to establish a strategic reserve in Poland?" he added.
Mentzen replied, "Of course."
The Polish presidential election is expected to be held around May 2025. Mentzen has gained significant popularity in Poland, especially among libertarians and right-wing voters.
Following other Bitcoin presidents
During his campaign, Trump made many crypto-related promises, including establishing a "strategic Bitcoin reserve."
Senator Cynthia Lummis proposed a bill to establish a Bitcoin strategic reserve as early as July, which, if approved, would create a Bitcoin fund to hedge against national debt.
According to the bill, the goal is to purchase one million BTC within five years and hold them for at least 20 years.
Two other countries have also taken serious steps to hold large amounts of Bitcoin.
El Salvador became the world's first country to legalize Bitcoin as legal tender in 2021. Under the leadership of President Nayib Bukele, the country continues to regularly accumulate BTC, currently holding 5,748.8 BTC.
The Kingdom of Bhutan has also been quietly mining Bitcoin for years. Arkham Intelligence revealed in September that Bhutan holds around $780 million in digital assets.
