On January 19, Stephan Schmidt, a scientific assistant to German MP Joana Cotar, said that German politicians are busy preparing for the possibility of Trump announcing a strategic bitcoin reserve.
According to Bitcoin Magazine, Joana Cotar, a member of the German parliament, said, "If the United States buys Bitcoin as a strategic reserve, then I think all European countries will generate FOMO."
According to Bitcoin Magazine, German MP Joana Cotar said that the right bitcoin strategy has the potential to transform a country, where inflation "steals money" from people every month, and bitcoin can solve this problem.
Joana Cotar, a member of the German parliament, said she will distribute some bitcoin beginner books in parliament.
German MP Joana Cotar has strongly criticized the government's decision to sell $195 million worth of bitcoins, arguing that the move exacerbates market volatility and could have a long-term negative impact on the stability of the cryptocurrency market. The bitcoins were derived from investigations into illegal website Movie2k.to. Cotar tweeted that the German government should reconsider this strategy and compare it with the United States in discussions about using bitcoin as a strategic reserv...