The discussion follows December 2024 developments in which Knafo presented arguments to the European Parliament for establishing national Bitcoin reserves, a proposal that echoes similar discussions in other EU member states. Former German finance minister Christian Lindner has supported comparable initiatives for Germany and the European Central Bank.
Knafo described Saylor as a “brilliant entrepreneur” on X, where Saylor later encouraged France to utilize more Bitcoin.
France could use more Bitcoin. https://t.co/hHBWzUXjVP
— Michael Saylor⚡️ (@saylor) January 18, 2025
France is well-poised to be the financial innovation leader in Europe, having established the EU’s first comprehensive cryptocurrency regulatory framework.
This diplomatic outreach comes as institutional Bitcoin adoption gains momentum globally. While some major corporations like Microsoft recently declined proposals to add Bitcoin to their treasury reserves, countries are increasingly considering cryptocurrency for their strategic holdings.
MicroStrategy, the global leader of corporate Bitcoin adoption, continues its aggressive hoarding of the cryptocurrency, with Saylor actively promoting institutional adoption worldwide. The timing of these discussions is particularly relevant as Donald Trump takes office in the US, amid speculation about potential government cryptocurrency reserves.
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