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Suriname presidential candidate eyes on Bitcoin as currency

News
Suriname presidential candidate eyes on Bitcoin as currency

The use case of Bitcoin has spread around the globe since El Salvador adopted it as a legal tender, the U.S. planned it for a national strategic reserve, and now Suriname.

Maya Parbhoe, a Surinamese young lady who is running for president, is embracing the use of Bitcoin in the country, specifically for the national currency. She is also aware that the Bitcoin standard should be implemented in the country, as well as ending the systematic corruption regime if she is elected.

https://twitter.com/MayaPar25/status/1861084338814624248

According to Maya’s plan, she also aims to eliminate the country’s central bank, which was founded in 1957. She also focused on introducing free currency competition as the Suriname dollar (SRD) has inflated above 50% in the past 3 years and cooled down below 20% in 2024, according to Statista’s data.

On the economic development agenda, Maya targets building the first blockchain-based capital market in the world and boosting economic growth by financing Bitcoin bonds.

She was inspired by El Salvadorian President Nayib Bukele for adopting Bitcoin as a legal tender and Switzerland for opening the free currency competition in their respective nations.

Suriname-Poland, following other nation’s step

Numerous presidential candidates who are running for head of government positions are embracing Bitcoin as one of their political and economic campaigns. After El Salvador adopted Bitcoin as a legal tender and the United States announced its proposal as a national strategic reserve, many came to follow.

One of them is the chairman of the right-wing Polish political party New Hope, Slawomir Mentzen, who introduced the idea of a Bitcoin strategic reserve for running the presidential ticket.

Mentzen was also the figure in Poland who proposed that municipal schools and offices mine Bitcoin back in 2018, although it was considered an absurd idea.

“Now I am running for president of Poland and propose that we should keep its currency reserves in Bitcoins. This may seem abstract to someone now, but in a few years it will turn out again that it was a completely obvious decision to make,” he said on X post on Nov. 18.