German Lawmaker Joana Cotar Challenges EU's Digital Euro with Pro-Bitcoin Crusade
German politician Joana Cotar is a vocal opponent of the proposed digital euro and an avid supporter of Bitcoin. While the European Union progresses towards introducing a digital euro, Cotar criticizes it for potential privacy infringements and central bank control, fearing it could lead to excessive surveillance and restricted financial freedom. Contrarily, she advocates for Bitcoin, emphasizing its freedom-enhancing aspects like permissionless access and individual sovereignty.
Cotar leads the “Bitcoin in the Bundestag” initiative, aimed at educating German lawmakers about Bitcoin, and advocates for its recognition as legal tender in Germany, proposing its use for tax payments and as a means to stabilize the power grid.
She emphasizes Bitcoin’s benefits, such as privacy, security, and freedom, and advocates for international cooperation on Bitcoin standards, focusing solely on Bitcoin and not other cryptocurrencies.
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