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Tuesday, July 9, 2024
HomeCryptoGerman MP Calls on Government to Stop Bitcoin Dump

German MP Calls on Government to Stop Bitcoin Dump

German lawmaker and Bitcoin activist Joana Cotar has called on the government to stop selling Bitcoin “rush” and instead apply it as a “strategic reserve currency” to protect against traditional systemic risks.

On July 4, Cotar wrote to members of the German government, stressing that Bitcoin could help Germany diversify its treasury assets, combat inflation and currency devaluation, and promote domestic innovation. She also invited four German politicians to the “Bitcoin Strategy for Nations” event in October. Cotar said that dumping Bitcoin is “irrational” and “counterproductive” for the country.

Mark Tyson
Mark Tyson
Freelance News Writer. Always interested in the way in which technology can change people's lives, and that is why I also advise individuals and companies when it comes to adopting all the advances in Apple devices and services.
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