Polish presidential candidate Sławomir Mentzen promised to create a strategic Bitcoin reserve in case of his victory in the 2025 presidential race. It is supposed to place Poland among the modern and crypto-friendly countries, accordingly positioning the Central European state in the context of worldwide processes of adopting cryptocurrencies.
A Strategic Bitcoin Reserve for Poland
On Nov. 17, Mentzen reiterated his crypto-friendly sentiment on X: The announcement came after Lech Wilczynski, who founded Swap.ly and is a sponsor of crypto advocacy group Satoshi Action Fund, made a thread where he shared an open-sourced policy proposal for creating a Bitcoin reserve.
“The draft bill on the strategic Bitcoin reserve is available for use,” Wilczynski said, calling on chiefs to make cryptocurrency projects a priority. He also dared Mentzen to turn the policy into law, asking, “Will President Sławomir Mentzen seek to create a strategic reserve in Poland?”
Mentzen responded simply and affirmatively: “Of course.”
If realized, this reserve would enhance Poland’s financial sovereignty against inflation and economic turmoil, while it also supports innovation in the upcoming digital economy.
Global Trends in Bitcoin Reserves
Mentzen’s plan echoes broader global trends. In the United States, Senator Cynthia Lummis proposed legislation in July 2023 to establish a Bitcoin strategic reserve, aiming to acquire one million BTC over five years. Meanwhile, during his campaign, U.S. President-elect Donald Trump advocated for creating a Bitcoin “stockpile” as part of his economic strategy.
Other places, such as El Salvador and Bhutan, have already developed Bitcoin-centered projects. El Salvador was the first country to make Bitcoin a legal tender in 2021 and has since continued investing roughly wildly into cryptocurrency by accumulating over 5,700 BTC. Bhutan is estimated to own around $780 million in digital assets, having quietly mined Bitcoin since its inception to create an economy diversification tool.
Growing Popularity of Sławomir Mentzen
As the presidential election in Poland draws closer, scheduled for May 2025, Mentzen has surged in popularity, particularly among libertarians and the right-wing electorate. His radical Bitcoin promise fits his broader vision of a techie, self-sufficient Poland.
This pledge to cryptocurrency might find resonance with a young, tech-savvy electorate in Poland and entrepreneurs who see blockchain technology as a method for economic innovation.
Mentzen’s Bitcoin reserve proposal could mark a pivotal moment for Poland. If successful, it may place the country at the forefront of cryptocurrency adoption, setting a global example of embracing financial innovation.
