- Sławomir Mentzen adhere to the creation of Bitcoin reserves for Poland if elected, like US President Donald Trump.
- Poland National Bank (NBP), led by Adam Glatedki, firmly Bitcoin’s refusal of national reserves related to security and stability.
- Discussion between Mentzen’s progressive and traditional approach to NBP.
Sławomir Mentzen was gaining attention with his firm commitment to the creation of Bitcoin Reserve for Poland if he wins.
Mentzen vision of Bitcoin Reserve
Mentzen’s position is in line with US President Donald Trump’s position, who was an explicit supporter of Bitcoin and cryptocurrencies in the world of financing. Mentzen feels that Bitcoin, which has been directed at 21 million coins, can be a safe way to hold assets, guard against inflation and economic turmoil.
But barely a few days after its victory, the Central Bank of Poland, the National Bank of Poland (NBP), was against the insertion of Bitcoin into the country’s reserves. The Central Bank, headed by Adam Ghalpisky, NBP is to maintain security and stability. Bitcoin was considered inappropriate for national reserves. GlapiSki said, “Reserves should be completely safe, and we will not think about Bitcoin under any circumstances. “
The split between the Mentzen and Positio NBP elections. This raises questions about the place where Poland’s fiscal policy is heading. While Mentzen calls for a new perspective, hoping that Poland will be a friend of encryption.
Traditional NBP position
National Bank Poland (NBP) is currently focused on stable origins such as gold, US dollar and euro. This position reflects the aversion to the general risks in Europe towards Bitcoin, as the European Central Bank rejected cryptocurrencies as viable reserves.
Mentzen explained that his proposal to create a Bitcoin reserve is still open to look at it. He believes that Bitcoin’s incorporation as a backup assassination would diversify Poland’s financial portfolio and prepare the nation for the future of digital financing.
With the development of the debate, it highlights the ongoing clash between traditional financial institutions and the increasing influence of digital currencies. We may see whether Mentzen’s vision will bear fruit or whether NBP security concerns have precedence over economic innovation in the country.
Will the country embrace the future of digital financing, or will it continue to rely on traditional reserves? The result may depend on the balance of power between the conservative approach of the central bank and the policymakers engine for innovation.
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