The post Sarah Knafo, European MP: “No to the digital euro, yes to a strategic Bitcoin national reserve” appeared on BitcoinEthereumNews.com.

Sarah Knafo, a member of the European Parliament, gave a pro-Bitcoin speech in the European Parliament on December 17, calling for the establishment of a “Bitcoin strategic reserve” while opposing the digital euro. The politician believes in Bitcoin’s decentralized nature, limited supply, and growing adoption. The member of parliament believes that Bitcoin’s nature makes it an attractive option for governments to diversify their reserves and hedge against uncertain economic times. Knafo also wants the government to stop taxing cryptocurrency holders. Sarah Knafo insists on Bitcoin’s potential “It’s time to bet on freedom. It’s time for our states to invest in #Bitcoin to build national strategic reserves.” – @Knafo_Sarahpic.twitter.com/WLrbyg4WER — Michael Saylor⚡️ (@saylor) December 17, 2024 Sarah Knafo acknowledged the efforts made by the president of El Salvador, Nayib Bukele, three years ago to invest in cryptocurrencies for his country. She revealed that despite Bukele being booed by the political class and the IMF, today, he has a 100% surplus value of the hundreds of millions of dollars available for his people for the security and sovereignty of his country. The politician disclosed that the whole world is prepared to take advantage of the decentralized financial revolution. She gave an example of Trump’s plan to build a strategic Bitcoin reserve for the U.S. and Jerome Powell, SEC chair, talking of “digital gold.”  The MP also acknowledged that Bitcoin is exploding, but the European Union is squandering money because of unbelievable mismanagement. She said the EU continues to accumulate inflationary deficits and persists in regulating taxation and slowing down. The Cour des Comptes member believes it is time for a paradigm shift. Knafo said it is time to protect their people from inflation and the European Union’s poor economic choices. She believes it is time to say no to the totalitarian temptations…

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Filed under: News - @ December 17, 2024 5:24 pm