Germany’s Second Largest Party Wants to Make Bitcoin a National Treasure!

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Well, folks, hold onto your hats because Germany’s second-largest political party, Alternative for Germany (AfD), is stirring up some serious crypto chatter. They’ve gone ahead and proposed a plan to establish a national Bitcoin reserve, right in line with France’s bold move. Because, of course, why not turn digital gold into national treasure? 🤑

Now, don’t go thinking this is just another political stunt. The AfD party claims that a Bitcoin reserve will shield Germany from the wild rollercoaster of inflation and currency chaos. And hey, who wouldn’t want a bit of that crypto mojo on their side? 💰

  • AfD’s proposal to create a national Bitcoin reserve aims to protect against inflation and currency volatility while positioning themselves as the pro-crypto party. They’re also pushing for BTC to be recognized as a tax-friendly asset.
  • Some folks are still bitter about Germany selling off nearly 50,000 BTC back in 2024. They claim the government missed out on more than $3.5 billion in profit when Bitcoin prices doubled. Oops! 😬

So, on October 29th, the AfD party did what no one really expected-they introduced a motion to create a strategic Bitcoin reserve. If this motion gets through, it could signal a big shift in the crypto world, especially for Germany, the heavyweight of European economies. 💪

Naturally, people went wild. They celebrated the idea of Germany finally waking up to Bitcoin’s potential as a legitimate financial asset. But then, the critics started piling in. They reminded everyone that the German government sold off a massive stash of BTC when it was worth around $54,000 each. Fast forward, and those very same coins are now worth double. Talk about a missed opportunity! 🤦‍♂️

One cheeky X user quipped, “When politicians start talking about Bitcoin reserves, you know the ‘magic internet money’ phase is officially over.” Oh, the irony! 😏

Another user chimed in, “They sold 50k BTC at $54k. Now they’re worth $110k. That’s a $3.5 billion oopsie!” 💸

It’s no secret that the AfD has been all about the crypto life for a while now. They’ve been way more vocal about their pro-crypto stance than other parties. Earlier this week, they even introduced a parliamentary motion with a title so long it might require a second motion to read it. It roughly translates to “Recognize Bitcoin’s Strategic Potential-Let’s Keep Taxation and Regulation Chill.”

They’re also getting into the nitty-gritty. The AfD is pushing for Bitcoin holders to get a tax-free pass after holding it for 12 months. Because, hey, why not? Keep that crypto in your back pocket and let it grow. 🌱

But let’s not get too carried away-AfD isn’t just about the Bitcoin love. They’ve also made it clear they don’t want the European Union to over-regulate BTC. Oh, and the European digital euro? Not their cup of tea. They’d rather see BTC as “stateless money” without a bureaucratic leash. 😤

Flashback to June 2024-Germany, in their infinite wisdom, sold nearly 50,000 BTC seized from criminal cases at around $57,900 per coin. At current prices, that same stash would be worth a whopping $5.6 billion. Nice one, Germany. 👏

Will Germany Join the Strategic Bitcoin Reserve Race?

So now, the AfD has thrown their Bitcoin hat into the ring, right after France’s Éric Ciotti introduced a similar bill. France, naturally, wants to get a chunk of the Bitcoin pie too, with a goal to collect 2% of the total Bitcoin supply (around 420,000 BTC) over the next seven years. Their plan? Public mining, asset seizures, and a savings fund. Not too shabby, right?

But, don’t get your hopes up just yet-France’s UDR party only holds 16 seats in the French Parliament. So, yeah, their chances might be as slim as a Bitcoin wallet with zero balance. 😬

Meanwhile, Switzerland’s Samuel Kullmann is working on getting Bitcoin into their national constitution. If that passes, Switzerland might just become the Bitcoin capital of Europe. Talk about a crypto utopia! 😎

For now, the only European countries with significant Bitcoin holdings are the UK and Finland. As for Germany and Bulgaria? Well, their BTC holdings are currently sitting at a solid zero. Guess they’ve got some catching up to do! 🙄

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2025-10-29 15:31