Sarah Knafo, a Member of the European Parliament, met with Michael Saylor in Paris to discuss the potential adoption of Bitcoin as a reserve asset for France and the European Union.
Meeting with Michael Saylor
The discussion between Knafo and Saylor signifies growing advocacy for Bitcoin at a state level. Knafo focuses on the need to integrate Bitcoin into state reserves. Saylor, founder of MicroStrategy, described Knafo as visionary in addressing Bitcoin's potential at national and EU levels.
Institutional Interest in Bitcoin
France's institutional interest is evident as state-owned entities start investing in digital assets, reflecting the public sector's growing confidence. The emphasis on Bitcoin aligns with global trends, reminiscent of El Salvador's adoption as legal tender.
Recommendations and Next Steps
Saylor's participation highlights significant corporate influence on national strategies. Knafo expresses hope for new measures in integrating cryptocurrencies into the financial systems of European countries, potentially impacting market dynamics and fostering international dialogue.
The meeting between Sarah Knafo and Michael Saylor in Paris underscores the importance of Bitcoin in state strategies for France and Europe, alongside the growing interest in integrating cryptocurrencies into financial systems.