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Bitcoin as a Reserve

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20.10.2024

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Samson Mow, CEO of Jan3, spoke in the Bundestag, calling for the use of Bitcoin as a strategic reserve for Germany. He proposed that the country acquire 281,267 BTC for this purpose, highlighting support for the idea from some parliament members.

After his speech, Mow thanked the deputies for the opportunity to discuss strategies for utilizing Bitcoin at the national level. A similar sentiment was expressed earlier by Donald Trump, who spoke about the need to create a strategic reserve in the U.S.

Mow is a prominent figure in the crypto community. He leads Jan3, which is focused on promoting Bitcoin, and he previously served as an advisor to the government of El Salvador, the first country to adopt BTC as legal tender. He also emphasizes the importance of cryptocurrency in forming national reserves alongside gold.