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International Business Times
International Business Times
Business
Marvie Basilan

German MP Joana Cotar Talks 'Freedom Currency' Bitcoin, Its Ability To 'Transform A Nation'

Bitcoin Bitcoin Magazine Bundestag Germany Inflation
German parliament member Joana Cotar is pro-Bitcoin, and she believes the digital currency can change a country's economy. Bitcoin Magazine on YouTube | Bitcoin Amsterdam 2024 Day 1 Livestream (Credit: Bitcoin Magazine YouTube/Screenshot)

KEY POINTS

  • Cotar said the 'solution' she sees for Germany's broken financial system is Bitcoin
  • She said many German politicians are 'misinformed,' resulting in the great German dump of $3B in Bitcoin
  • 'We need to see the chances first and grab them,' she said of emerging technologies
  • Cotar urged Bitcoiners to reach out to their representatives to educate them about Bitcoin

Bitcoin has been touted as a potential hedge against inflation by many BTC enthusiasts and maximalists, but for a change, a German parliament (Bundestag) member agreed that the world's largest cryptocurrency by market cap can do something to fix a key problem in many economies.

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