Bitcoin.com News
Bitcoin.com News|Apr 10, 2025 10:32
🇸🇪 Sweden is considering adding Bitcoin to its foreign reserves, with Rickard Nordin, a member of Parliament, urging Finance Minister Elisabeth Svantesson to explore this possibility! In his letter, Nordin highlights Bitcoin's monetary properties, comparing them to gold, especially amid rising geopolitical and economic uncertainty. He also points out Bitcoin's role as a payment method and a hedge against inflation, emphasizing its importance for freedom fighters under authoritarian regimes. Nordin asks if the government has considered allowing the Riksbank to include Bitcoin in Sweden's reserves, suggesting a "budget neutral" approach by using Bitcoin seized by authorities, similar to the U.S. model. While the Minister isn't obligated to respond, this inquiry brings the topic into the public eye, with a potential written response due by April 16. However, ECB President Christine Lagarde has previously expressed skepticism about Bitcoin entering central bank reserves. What do you think about Sweden's potential move to include Bitcoin in its reserves? Let us know! 💬
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