Sarah Knafo, a European Parliament member, is making waves with her pro-Bitcoin position. She urges the EU to build a strategic Bitcoin reserve while rejecting the proposed digital euro. Knafo's message is clear: "No to the digital euro, yes to a strategic Bitcoin reserve."
She made this stunning declaration during a speech before the European Parliament. Knafo opposes the European Central Bank's "totalitarian temptations." She advocates a shift away from legislative overreach and toward embracing Bitcoin's decentralized character. Knafo highlights the vast gap in the worldwide cryptocurrency approach. She mentions Bitcoin adoption in El Salvador and the upcoming US administration's crypto-friendly agenda. Even Fed Chairman Jerome Powell has referred to Bitcoin as digital gold.
In contrast, Europe has chosen a different course. Knafo contends that EU regulators prioritize regulation, taxing, and restricting innovation. She advocated for a paradigm shift. "It's time to protect our people from inflation and poor economic choices," Knafo says. Her message appeals to individuals desiring financial independence from centralized authority.
Knafo's outspokenness disrupts the status quo. She anticipates a future in which Bitcoin plays an important role in European finance, free of the limits of traditional monetary policy.
