Mentzen’s Bold Vision for Poland’s Crypto Future
Just two weeks after Donald Trump's U.S. election victory, Polish right-wing libertarian politician and presidential candidate, Sławomir Mentzen, is gaining attention for his bold pledge to transform Poland into a "cryptocurrency haven" if he wins.
The 2025 presidential race has drawn attention to Mentzen’s progressive stance on crypto, particularly his proposal to create a Bitcoin reserve for the country.
He envisions Poland as a nation with friendly crypto regulations, low taxes, and banks that support the digital asset sector.
In a post on X, he stated,
"If I become the President of Poland, our country will become a cryptocurrency haven, with very friendly regulations, low taxes, and a supportive approach from banks and regulators."
Bitcoin Reserve Takes Precedence Over Legislation?
Mentzen's approach to cryptocurrency goes beyond policy-making.
In response to questions in a separate X post about prioritising the creation of a Bitcoin reserve over crypto legislation, he made his stance clear with a firm acknowledgement:
"Of course."
He firmly believes that Poland should focus on building up Bitcoin as a strategic reserve now, rather than waiting through lengthy legislative processes.
This proposal echoes the approach of US President Donald Trump, who has also shown support for Bitcoin and its growing role in the global economy.
Following Trump’s victory in the US elections, Bitcoin's value surged past $90K, underlining the growing demand and enthusiasm for cryptocurrencies.
In light of this, Mentzen is positioning himself as a politician ready to seize the moment and leverage Bitcoin as an asset for Poland.
A Growing Trend in Poland’s Bitcoin Adoption
Poland's relationship with Bitcoin has evolved dramatically over the years.
In 2017, fewer than a million Polish citizens held Bitcoin, according to Statista.
By 2024, that number has risen to 7 million, and projections indicate that 8 million Poles will own Bitcoin by 2028.
This surge in adoption speaks to the growing interest and trust in cryptocurrency, with Mentzen seeing this trend as the foundation for his vision of a crypto-friendly nation.
His strong belief in Bitcoin as a cornerstone of his presidential campaign is rooted in his personal experience with the cryptocurrency.
Having owned Bitcoin since 2013, Mentzen is not merely a political advocate but also an investor.
In a recent interview with Kanga Exchange, he made it clear that he has no intention of selling his Bitcoin holdings, despite the significant increase in value.
“It’s hard to judge exactly when something is expensive and when it’s cheap,” he said. “The trick is to refrain from selling it for many years.”
Mentzen currently holds 33.7 Bitcoin, worth over $3 million at current prices, but he emphasises that the wealth he has accumulated will not alter his approach to the market.
He noted that the funds gained from Bitcoin would not have a significant impact on his life, allowing him to maintain a long-term perspective.
Can Mentzen Deliver on His Crypto Promises?
As Poland’s 2025 presidential election nears, Mentzen’s vision of a Bitcoin reserve and crypto-friendly nation raises key questions about the future of digital currency in Europe.
His proposal to build a reserve mirrors the approach of US President Donald Trump, who has similarly embraced cryptocurrency.
While the reserve is a bold move that could position Poland at the forefront of the global crypto revolution, the broader political landscape remains uncertain.
The real challenge will be whether Mentzen can turn his crypto rhetoric into concrete policies that resonate with voters.
Aaron
Joy
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Hui Xin