More good news for bitcoin?

[Tamaperdana]

Bitcoin is now increasingly spreading throughout the world, even El Salvador has adopted bitcoin en masse over the last 3 years. Then large countries such as America, China and England are also reported to have very large bitcoin deposits. Especially for America, after Trump, who is very pro-bitcoin, was re-elected as president in America, this will definitely make America buy more bitcoin. With this, Bitcoin is currently heading towards mass adoption in the world.

In fact, according to news circulating recently, Polish presidential candidate Slawomir Menzhen made a statement saying that if he wins as president in Poland, he will create a bitcoin reserve.

https://www.cryptonewsz.com/poland-slamowir-mentzen-bitcoin-reserve/

Poland should create a Strategic Bitcoin Reserve.

If I were President of Poland, our country would be a cryptocurrency haven, with very friendly regulations, low taxes and a supportive approach from banks and regulators.

If, for example, Slawomir Menzhen is actually elected as president in Poland and he really realizes his plan, it will definitely have a very good impact on the price of bitcoin. Elections in Poland will be held next year or more precisely in May. So if, for example, Slawomir Menzhen really wins, I am sure that the price of bitcoin will most likely experience a fairly high price increase again. The point is that next year's bull market, the price of bitcoin could exceed all of our expectations.

So what do you all think about this news?
Will this have a very high impact on the price of bitcoin or not?

[Plaguedeath]

Congratulations to Slawomir Menzhen for won the election.

It's already like a template promise for a new candidate to promote Bitcoin, blockchain, CBDC and any other buzzwords.

Not want to disrespect Poland, but Poland is a small country and they're not popular, they will not able to give a big influence to the market.

[fikrett]

Congratulations to Slawomir Menzhen for won the election.

It's already like a template promise for a new candidate to promote Bitcoin, blockchain, CBDC and any other buzzwords.

Not want to disrespect Poland, but Poland is a small country and they're not popular, they will not able to give a big influence to the market.

It's about sending a message, just like with El Sal, in my opinion.
This news will spread like hotcakes.

[jcojci]

That will be a boost for Bitcoin to reach more adopter in many countries. If a big country adopt Bitcoin and other countries know about that, they will follow but after research about Bitcoin. More people will comes to Bitcoin and use Bitcoin for the investment, reserve funds or other things.

Maybe that will not be a high impact on the Bitcoin price but still, that is a good news for other countries that Poland can be the next countries that will adopt Bitcoin. Bitcoin is currently heading towards mass adoption in the world so we must be prepares too for the coming. If we can starts from now on by buying more Bitcoin, we will be ready when Bitcoin use for globally.

[Lucius]

Poland is a member of the European Union, but not of the eurozone, so it is not under the direct influence of the European Central Bank, so I assume that it would have the freedom to decide on such matters. What I don't know is whether the candidate in question has any chance of winning the next presidential elections that will be held next year.

What is obvious is that some politicians will try to copy what the elected US president did, although the president in Poland certainly does not have nearly as much authority as the one in the US.

[Fivestar4everMVP]

Bitcoin is now increasingly spreading throughout the world, even El Salvador has adopted bitcoin en masse over the last 3 years. Then large countries such as America, China and England are also reported to have very large bitcoin deposits. Especially for America, after Trump, who is very pro-bitcoin, was re-elected as president in America, this will definitely make America buy more bitcoin. With this, Bitcoin is currently heading towards mass adoption in the world.

In fact, according to news circulating recently, Polish presidential candidate Slawomir Menzhen made a statement saying that if he wins as president in Poland, he will create a bitcoin reserve.

https://www.cryptonewsz.com/poland-slamowir-mentzen-bitcoin-reserve/

Poland should create a Strategic Bitcoin Reserve.

If I were President of Poland, our country would be a cryptocurrency haven, with very friendly regulations, low taxes and a supportive approach from banks and regulators.

If, for example, Slawomir Menzhen is actually elected as president in Poland and he really realizes his plan, it will definitely have a very good impact on the price of bitcoin. Elections in Poland will be held next year or more precisely in May. So if, for example, Slawomir Menzhen really wins, I am sure that the price of bitcoin will most likely experience a fairly high price increase again. The point is that next year's bull market, the price of bitcoin could exceed all of our expectations.

So what do you all think about this news?
Will this have a very high impact on the price of bitcoin or not?

With the way things are going, I can't help but agree with you, adoption is coming to bitcoin and the entire cryptocurrency Ecosystem, it about that time and I sense a major bitcoin scarcity coming which is what will catapult the price to unimaginable price levels.

First of all, by next year when trump will finally get sweared into office and him assuming his role as the US president, it is assumed that the price of bitcoin will grow even higher than it currently is, which will lead the bull run further, we may likely and finally see bitcoin cross the $100,000 mark and to the moon from there..
We are arriving at a time when it will become a trend in the entire world that countries will start converting their dollar and gold reserves to bitcoin, and this is one reason why we all that are here today need to be happy because we are early.

[Mia Chloe]

Adoption is one of the key factors of bitcoin 's growth till date. The news about El Salvador buying bitcoin as a form of investment for their economy isn't much of a recent news however it also increased adoption rate greatly. After the circulation of that news I really didn't follow up much what was going on however they should be in a very huge ton of profit by now if they haven't sold off their coins and that's a big plus on their economy.

As bitcoin enthusiasts we usually hope more countries implement bitcoin even as an investment. I think before the most recent US election, a senator of theirs proposed that they buy some bitcoins too . For Poland I guess we'll have to wait and see.

[AVE5]

If, for example, Slawomir Menzhen is actually elected as president in Poland and he really realizes his plan, it will definitely have a very good impact on the price of bitcoin. Elections in Poland will be held next year or more precisely in May. So if, for example, Slawomir Menzhen really wins, I am sure that the price of bitcoin will most likely experience a fairly high price increase again. The point is that next year's bull market, the price of bitcoin could exceed all of our expectations.

So what do you all think about this news?
Will this have a very high impact on the price of bitcoin or not?

I don't know the inner mind of Slawomir Menzadopt but I am sure that if Poland could also adopt to hedge their federal reserve on bitcoin, it's surely boost the price of bitcoin beyond investors expectations. Moreover, US government is already on plan to buy additional 1 million of bitcoins in addition to their holding which also would skyrocket the price of bitcoin.
Year 2025 will be a boom 💥 for bitcoin market while we awaits for Donald Trumps inauguration on January and anticipating on
Slawomir Menzhen victory comes his election next year.

[Fivestar4everMVP]

Adoption is one of the key factors of bitcoin 's growth till date. The news about El Salvador buying bitcoin as a form of investment for their economy isn't much of a recent news however it also increased adoption rate greatly. After the circulation of that news I really didn't follow up much what was going on however they should be in a very huge ton of profit by now if they haven't sold off their coins and that's a big plus on their economy.

As bitcoin enthusiasts we usually hope more countries implement bitcoin even as an investment. I think before the most recent US election, a senator of theirs proposed that they buy some bitcoins too . For Poland I guess we'll have to wait and see.

El Salvador have not sold a single bitcoin off their the total amount of bitcoin they previously and currently hold, so, yeah, there are in a ton of profit as we speak, running into billions of dollars (I have forgotten the actual figure).

So yeah, adoption is what we all crave for as Bitcoin enthusiasts, as it not only promote financial freedom and liberty, it is also a way out of poverty for most of us, the opportunity the invention of bitcoin has brought to the world (I would say) is the best one that have touched and transformed many live and still doing, gold, silver, diamond, precious stones and metals, stocks, bonds, all of this have changed lives but non comes close to the lives bitcoin have changed, and will still change, non also comes close to the business opportunities that Bitcoin has created around the world and will still do.

So, every bitcoin holder and enthusiast should crave for more and more adoption, for this is the only way bitcoin and the entire crypto currency Ecosystem can continue to grow.

[MarjorieZimmermanGinger]

If, for example, Slawomir Menzhen is actually elected as president in Poland and he really realizes his plan, it will definitely have a very good impact on the price of bitcoin. Elections in Poland will be held next year or more precisely in May. So if, for example, Slawomir Menzhen really wins, I am sure that the price of bitcoin will most likely experience a fairly high price increase again. The point is that next year's bull market, the price of bitcoin could exceed all of our expectations.

So what do you all think about this news?
Will this have a very high impact on the price of bitcoin or not?

It will have a positive impact, especially on the journey of bitcoin in Poland and with the victory obtained by Slawomir Menzhen, it will create confidence for new investors in the journey of investing in bitcoin. The election will take place next year and maybe there will be an effort to raise masses affiliated with crypto and the impact is that people who are more open to crypto will choose him as president.

The expected conditions will definitely trigger an increase in the price of bitcoin and maybe most new investors will enter the market with more binding regulations. Of course this will be a new hope for the people there and hopefully his ideas and desires can come true.

[Orpichukwu]

Congratulations to Slawomir Menzhen for won the election.

He has not yet won the election. Slawomir Menzhen was just appointed as the presidential candidate for his party.

The election is still speculated to hold between the 4th and 18th of May 2025. He's just using the Trump campaign strategy to see if it will favour him, although before this time Slawomir Menzhen had publicly shown his interest in bitcoin and also invested in it.

El Salvador have not sold a single bitcoin off their the total amount of bitcoin they previously and currently hold, so, yeah, there are in a ton of profit as we speak, running into billions of dollars (I have forgotten the actual figure).

According to Bitcoin Gob the official Bitcoin tracker launched by the El Salvador govement to track their bitcoin treasury holdings. They hold about 5,938.77 BTC which is currently worth about $540,950,370 the balance changed by 8BTC 7 days ago.

You can also use nayibtracker to see their accumulation process the amount purchased and at what price.

[examplens]

If, for example, Slawomir Menzhen is actually elected as president in Poland and he really realizes his plan, it will definitely have a very good impact on the price of bitcoin. Elections in Poland will be held next year or more precisely in May. So if, for example, Slawomir Menzhen really wins, I am sure that the price of bitcoin will most likely experience a fairly high price increase again. The point is that next year's bull market, the price of bitcoin could exceed all of our expectations.

I'm sorry to disappoint you, but things just don't work out that way. With all due respect to Poland, you cannot put them in parallel with the US economy, which is one of the strongest in the world. This will certainly not have a significant impact on the value of Bitcoin.
Rather, look at it as Slawomir's manoeuvre to get some extra votes like Trump.
In the end, there is a long way from the president's promise to realization, a lot of procedures are needed for any innovations with the state budget to be accepted.

[Wind_FURY]

If, for example, Slawomir Menzhen is actually elected as president in Poland and he really realizes his plan, it will definitely have a very good impact on the price of bitcoin. Elections in Poland will be held next year or more precisely in May. So if, for example, Slawomir Menzhen really wins, I am sure that the price of bitcoin will most likely experience a fairly high price increase again. The point is that next year's bull market, the price of bitcoin could exceed all of our expectations.

I'm sorry to disappoint you, but things just don't work out that way. With all due respect to Poland, you cannot put them in parallel with the US economy, which is one of the strongest in the world. This will certainly not have a significant impact on the value of Bitcoin.

Rather, look at it as Slawomir's manoeuvre to get some extra votes like Trump.
In the end, there is a long way from the president's promise to realization, a lot of procedures are needed for any innovations with the state budget to be accepted.

Poland's "impact" in the price of Bitcoin might be projected as "weaker" than what the U.S. government might actually do, but like El Salvador, the REAL positive impact is not in Bitcoin's market nor its price. It will be in the normie perception that Bitcoin, invented more than 10 years ago by an anonymous individual, HAS BECOME a new valuable asset class.

Everyone who has some disposable income should be HODLing Bitcoin. Front-run the billionaires, front-run the government.

[Text]

If Slawomir Mentzen's vision for Poland's bitcoin reserve and crypto-friendly regulations actually materializes, it could signal a shift toward broader institutional acceptance, especially within Europe. Having a country with significant European influence publicly back a strategic bitcoin reserve could set a precedent that influences other nations to consider Bitcoin more seriously as a reserve asset. This would likely provide further legitimacy to Bitcoin and boost market confidence.

[Popkon6]

Especially where the largest number of bitcoin holdings is among large countries and European countries, but I would like to mention the small country of El Salvador. They legalized Bitcoin by tender in law in 2021 and since then they started holding Bitcoin, today they have huge benefits from their holding. 
Meanwhile, Microstrategy, the largest Bitcoin holder, has held 331,200 Bitcoins so far. Those holding Bitcoin are the ones who are at the bottom of the success today, but only by holding Bitcoin long-term can the most success be achieved. Looking at the governments and institutions of different countries will increase the willingness of other investors to invest.

[davis196]

Congratulations to Slawomir Menzhen for won the election.

It's already like a template promise for a new candidate to promote Bitcoin, blockchain, CBDC and any other buzzwords.

Not want to disrespect Poland, but Poland is a small country and they're not popular, they will not able to give a big influence to the market.

What the hell are you talking about, OP? The presidential elections in Poland would be held in May 2025.
I don't think that this Slawomir Menzhen guy is the favorite for winning the election. Maybe he wants to gain the support of the Polish crypto bros, but this won't make him a favorite for winning the election. Poland is definitely bigger than El Salvador and we all remember the global hype around El Salvador accepting Bitcoin as a legal tender. Anyway, OP you shouldn't put Bitcoin and CBDCs in the same category. CBDCs are an enemy of Bitcoin.

[Die_empty]

If Slawomir Mentzen's vision for Poland's bitcoin reserve and crypto-friendly regulations actually materializes, it could signal a shift toward broader institutional acceptance, especially within Europe. Having a country with significant European influence publicly back a strategic bitcoin reserve could set a precedent that influences other nations to consider Bitcoin more seriously as a reserve asset. This would likely provide further legitimacy to Bitcoin and boost market confidence.

Most of the nations that owns Bitcoin got them through seizures, it s good to hear more politicians promising to invest in the sector. Slawomir Menzhen seems to have a better understanding of Bitcoin since he bought Bitcoin as far as in 2013. He said he has been hodling his coin since then and just sold a portion this year.

As a Bitcoiner I would want him to win the elections because it will increase awareness and adoption. Poland might not be a European economic powerhouse but making Bitcoin a reserve currency might be the beginning of a shift in the crypto policies of other nations in that zone. If Trump fulfills his promise of making Bitcoin a reserve currency, it will signal the start of the Bitcoin scramble among nations.

[Chikito]

So what do you all think about this news?
Will this have a very high impact on the price of bitcoin or not?

I am sure this will have an impact on his electability as a presidential candidate. He reflected on what Donald Trump did when bringing the famous name Bitcoin to his campaign.

About the price? we all know, that bitcoin price is always on track no matter in what happens the political world. Bitcoin price will continue to advance according to the chart.

Bitcoin price doesn't care about the politics that exist.

[Lucius]

~snip~
According to Bitcoin Gob the official Bitcoin tracker launched by the El Salvador govement to track their bitcoin treasury holdings. They hold about 5,938.77 BTC which is currently worth about $540,950,370 the balance changed by 8BTC 7 days ago.

You can also use nayibtracker to see their accumulation process the amount purchased and at what price.

It's easy to track their balance if you know how much they have in total because they buy exactly 1 BTC every day - which means they can buy a maximum of 365/6 BTC in one year. Maybe it makes sense for them, but unlike what they did in the beginning, I think they pretty much limited themselves with this way of investing. If they continue at this pace, they won't even reach 10 000 BTC in the next 10 years, which is of course not a small number, but for a country where BTC is legal tender, it should still be more.

[RockBell]

Adoption is one of the key factors of bitcoin 's growth till date. The news about El Salvador buying bitcoin as a form of investment for their economy isn't much of a recent news however it also increased adoption rate greatly. After the circulation of that news I really didn't follow up much what was going on however they should be in a very huge ton of profit by now if they haven't sold off their coins and that's a big plus on their economy.

As bitcoin enthusiasts we usually hope more countries implement bitcoin even as an investment. I think before the most recent US election, a senator of theirs proposed that they buy some bitcoins too . For Poland I guess we'll have to wait and see.

It only takes a few to understand what El Salvador has done here. When El Salvador accepted Bitcoin, it opened up more opportunities for everyone to invest because some countries will be very easy on anyone who wants to invest because a whole country is interested in investing in Bitcoin because it has never happened before for a country to want to invest in Bitcoin and they took a very bold step to establish that background. Most of these countries may have been interested in wanting to invest in Bitcoin as well because they invested and now imagine how much they would have made as profit.

And this investment would have helped better shape the economy. I wonder how they came up with the idea to invest in bitcoin to help their country's economy, while others are fighting it pointlessly. It would be better for other nations to look into options like this as well. It would have been preferable to using it in place of gold in foreign reserves if they had allowed their educational system to adopt it and make it legal tender.

And their is a lot of countries that will actually will actually want to give somthing like this a trial and that will only happen when the price comes a little bit lower.