German Ex-Minister of Finance: 'Crypto assets now account for a significant part of the increase in global prosperity'

According to Handelsblatt, Lindner argued that Europe should avoid dependency on the USA, pointing out that "the USA wants to become the world's leading location in the crypto sector alongside the dollar." He also suggested that crypto assets could bolster reserve resilience despite their inherent volatility. While acknowledging potential risks, he described them as "calculable" and manageable, comparing them to fluctuations found in classic assets such as precious metals.

In July 2024, former President Donald Trump announced plans to position the U.S. as the "crypto capital of the planet" and establish a Bitcoin "strategic reserve" if re-elected. Speaking at a Bitcoin conference in Nashville, Tennessee, Trump outlined his vision for making the U.S. a "Bitcoin superpower" by embracing cryptocurrency. He pledged to replace Securities and Exchange Commission Chair Gary Gensler and create a crypto advisory council. Trump also noted that regulations would be crafted by those who "love your industry, not hate your industry."

Lindner serves as chairman of Germany's Free Democratic Party (FDP) and held the position of Federal Minister of Finance from December 2021 to November 2024. Under his leadership, the FDP achieved strong results in the 2021 elections with a focus on economic growth, financial stability, digitalization, and education.