Germany Proposes National Bitcoin Reserve, Views Bitcoin As ‘State-Free’ Money

Germany Proposes National Bitcoin Reserve, Views Bitcoin As ‘State-Free’ Moneybitcoinmagazine.com
Germany proposes national Bitcoin reserve, views Bitcoin as 'state-free' money
by rvolz.eth1470 🥝 • 1y
AI summary of the linked article

Germany's Alternative for Germany (AfD) party has submitted a motion calling on the federal government to begin accumulating Bitcoin as part of its long-term reserve strategy. The proposal, submitted last week, frames Bitcoin as "state-free money" and contrasts it with the planned digital euro, which it warns could enable surveillance and control. It also argues that the EU's MiCA framework was designed for centrally issued tokens and should not apply to Bitcoin. The article notes the motion still needs approval and comes less than a year after Germany sold nearly 50,000 BTC between June and July 2024.

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Lol this always feels so brain dead. Like how would a state even hold on to their Bitcoin etc.? Also it is a bit sad that from all parties, it had to of course be the AFD who made this proposal. I can't wait to be called a nazi for holding cryptos
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Yes, it's a bit unfortunate that mostly right-wingers have (or claim to have) an affinity for crypto. It appears that the other European parties haven't learned anything.
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