Key Takeaways
- Dutch MP Thierry Baudet has proposed a strategic Bitcoin reserve bill.
- The bill is yet to be voted upon in the Dutch House of Representatives.
- The move mirrors the United States’ initiative of establishing a BTC reserve.
Thierry Baudet, leader of the Forum of Democracy (FvD), has presented a motion in the Dutch House of Representatives to establish a national strategic reserve of Bitcoin. The proposal will act as an inflation hedge and as a hedge against the fall of fiat currency.
Thierry Baudet Proposes Bitcoin Reserve Bill
In the motion, Baudet also sought the repatriation of the 612 tons of gold that the Netherlands had accumulated in foreign countries and that was currently worth about €50 billion ($58.45 billion). Moreover, he suggested creating a national savings account of gold that would enable citizens to exchange euros for gold.
The BTC reserve bill seems to be inspired by others worldwide, including the U.S. Strategic Bitcoin Reserve, as inflation continues at 2.5% in Europe, the summary of the motion indicated. The call by Baudet for a Bitcoin reserve is an extension of his larger push to use blockchain in Dutch financial and political spheres.
Baudet has already presented his vision of a blockchain-powered future at Dutch Blockchain Week 2025 earlier this year in Amsterdam. He termed it a system that would circumvent traditional banking systems and state ownership.
From paying salaries directly in crypto to enabling everyday purchases, Baudet argued that blockchain represents “more than innovation: it’s a revolution in how people engage with their money.” He has also reiterated several times the significance of the limited nature of Bitcoin as compared to conventional monetary systems.
“This only drives inflation and strengthens government control,” Baudet said, criticizing central banks for what he termed as limitless money printing.Cautioning against the implementation of central bank digital currencies (CBDCs), he said: “With CBDCs, governments will know what you buy and where. Blockchain gives people back their freedom and privacy.”
Netherlands to Lead EU’s Crypto Sector?
Baudet has also established the Netherlands as a possible market leader in the crypto sector in Europe. “We can become the Silicon Valley of the North Sea,” he declared. He noted that the combination of freedom and entrepreneurship in the Netherlands is a healthy nesting ground.
During the same event, Baudet noted the necessity to alter mainstream opinions on crypto. “Stop seeing crypto as gambling or crime,” he urged. The Dutch MP further challenged startups to map blockchain technology to real-life applications using Monflow as an example. “We need companies like Monflow connecting crypto to everyday life,” he said.
The recent bill by Baudet introduces a new aspect to his campaign, which introduces both Bitcoin and gold into the national reserves and financial sovereignty debate. Furthermore, after U.S. President Donald Trump signed an executive order to establish a Bitcoin reserve, if the Netherlands follows suit then other nations could also join in.
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