While Many Countries Consider Investing in Bitcoin, This European Country Has Closed the Doors to BTC!

While US President Donald Trump has begun his moves on the national Bitcoin reserve, albeit slower than expected, he has also mobilized other countries. While other countries besides the USA started to investigate the BTC reserve, one country made the opposite statement. Accordingly, the President of the National Bank of Poland (NBP), Adam Glapiński, announced that the bank does not intend to keep Bitcoin reserves under any circumstances and will not purchase Bitcoin under any circumstances. Glapiński said at a conference that for an asset to be considered for the NBP to add it to its reserves, it must be “absolutely safe”. When asked whether the NBP was considering holding reserves in Bitcoin, Glapiński replied: “The head of the Czech National Bank told me that he had an idea about Bitcoin, that is, an original idea. At first, I said no. Because the Polish Central Bank is definitely not considering Bitcoin reserves. Because we believe that reserves should be absolutely safe. There are many good things to say about Bitcoin, but not all of them are good things that provide a permanent, secure reserve. I don't need to tell you how much Bitcoin has increased, how much it is worth, but this is not a certainty. Everyone takes the risk of buying it. You can buy Bitcoin and make a lot of money, or lose a lot. But we prefer something more certain and secure. “We accumulate gold, dollars and euros, and also marginally other elements. In our opinion, these are very safe.” *This is not investment advice. Continue Reading: While Many Countries Consider Investing in Bitcoin, This European Country Has Closed the Doors to BTC!