The MEP Sarah Knafo has argued before the European Parliament for the creation of a strategic reserve of Bitcoin as well as for the mining industry.
Recently, the election of Donald Trump in the United States to revive the issue of cryptocurrency adoption in the world. The lines are moving in Europe as well. The popularity of cryptocurrencies is going up 167% in a year. As the European central bank studies the possibility of creating a digital euro, voices against this project are growing.
"It’s time to bet on freedom. It is time for our states to invest in bitcoin to build up national strategic reserves," said Sarah Knafo.
Sarah Knafo, MEP, called for freedom and decentralisation. In a speech without concession she described the excesses of central banks and explained the need to turn to assets allowing real freedom of exchange. It has encouraged EU member states to create reserves of Bitcoin to cope with inflation and thus protect their citizens. It also asked the states to reduce taxation on profits made in cryptocurrencies.
“It is time to protect our peoples from inflation and the economic choices of our states. It’s time to say no to the European Central Bank’s total temptations to impose a digital euro entirely on its hands,” said Sarah Knafo
