European MP Sarah Knafo has called on the EU to establish a Strategic Bitcoin Reserve instead of proceeding with the European Central Bank's (ECB) digital euro initiative. She argues that Bitcoin serves as a decentralized safeguard against inflation and centralized control, using El Salvador's successful adoption of Bitcoin as a legal tender as a model for European nations to follow.
Key Points
Advocacy for Bitcoin: Knafo criticizes the ECB's digital euro plan, advocating for Bitcoin as a safer alternative.El Salvador Example: Highlights El Salvador's success with Bitcoin, which has doubled in value since its adoption.Financial Freedom: Warns against the risks of centralized control and emphasizes the need for decentralized financial independence.Call to Action: Urges EU leaders to adopt Bitcoin as a strategic asset to secure economic stability and protect citizens from poor monetary policies.
