Christian Lindner, Chairman of the Free Democrats (FDP). He supported The idea of ​​diversifying Germany's reserves with the help of Bitcoin, according to a recent report by Handelsblatt.

The former finance minister also believes the European Central Bank should do the same.

Lindner pointed to the fact that the United States is considering adopting Bitcoin as a federal reserve asset, which is why he believes Germany should follow suit.

The 45-year-old politician does not want Germany to fall behind when it comes to cryptocurrencies.

Lindner is convinced that Bitcoin can enhance the resilience of the country's reserves.

Nowadays, there are intense debates about whether the United States should adopt Bitcoin as a reserve asset or not. This comes after Senator Cynthia Lummis announced a bill that would allow the Treasury Department to purchase 5% of the total supply of cryptocurrency.

As U.Today reported, Jeff Park, head of alpha strategies at Bitwise Invest, recently opined that there is only a 10% chance of the US government creating a Bitcoin reserve in 2024.

Other countries are not thinking about whether they should follow suit or not. As U.Today reported, the Japanese government has expressed doubts about such an idea.

Despite achieving significant institutional adoption, Bitcoin remains a volatile asset, which may prevent it from becoming a reserve asset in major economies.

However, Lindner downplayed these concerns, arguing that precious metals are also volatile.