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Germany After Elections: Bitcoin's Potential on the New Political Scene

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by Giorgi Kostiuk

3 hours ago

The recent German elections marked a significant shift in the political and economic landscape, bringing the issue of Bitcoin into focus.

German Elections: Key Outcomes

The German election was held earlier due to the collapse of the government coalition. The CDU/CSU alliance won 208 seats, followed by the AfD party with 152 seats.

Bitcoin and Politics: New Opportunities

The AfD party, with nearly 21% of the seats, offers hope for changes in Bitcoin regulation. Criticism of Olaf Scholz for selling 50,000 Bitcoins highlights the potential shift in the country's cryptocurrency policy.

Who Will Be the Next Chancellor?

Friedrich Merz, a potential chancellor, could form a coalition with various parties, including the AfD. His previous ties with BlackRock suggest he might support Bitcoin.

The German election results and subsequent coalition politics might lead to a shift in Bitcoin policy. With US backing, this topic is gaining importance.

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