Georg Brameshuber, co-founder of Validvent, expressed his support for the “Bitcoin for Austria” citizens’ initiative (Volksbegehren) and speculated that Satoshi Nakamoto, the pseudonymous creator of Bitcoin, could be behind it. He shared this statement in a February 3 post on X.
“Bitcoin for Austria,” said Brameshuber. “Well, that’s Bitcoin.”
According to Bitcoin, the “Bitcoin for Austria” initiative aims to position Austria as a global leader in Bitcoin by promoting financial freedom, inflation protection, and education. The proposed measures include eliminating capital gains tax on Bitcoin held for over a year, establishing a state Bitcoin reserve, ensuring unrestricted use of Bitcoin, mandating education on the cryptocurrency, and supporting renewable energy for mining. Citizens can support the initiative through Austria’s Digital Office or local offices.
The Conversation reports that Donald Trump’s proposal for a U.S. Strategic Bitcoin Reserve could trigger a global cryptocurrency “arms race,” with countries such as Japan, China, and Russia accumulating Bitcoin in anticipation. This initiative is part of Trump’s broader strategy to integrate Bitcoin into economic policy and reshape the global financial system. Inspired by this move, other nations are considering similar strategies to remain competitive in the evolving cryptocurrency-driven economic landscape.
According to Bitcoin.comNews, French MP Sarah Knafo said that European nations should establish their own Bitcoin reserves. She cited El Salvador’s success and the increasing global interest in Bitcoin as a strategic asset. Knafo also expressed concerns about the European Union’s push for a digital euro, highlighting potential risks related to financial control and inflationary pressures. She emphasized that adopting Bitcoin could serve as a safeguard for economic freedom.
Brameshuber is not only a co-founder of Validvent but also serves as a board member of the Digital Asset Association Austria (DAAA). He is a certified tax advisor and Web3 entrepreneur with five years of experience researching and teaching crypto economics at the University of Vienna. His expertise lies in crypto tax advisory and consulting for Web3 startups.
