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Ursula von der Leyen’s most recent speech highlights the most precise reason of why we Bitcoin.
ByGeorge Georgiev
You have all probably heard the speech that Ursula von der Leyen, the European Commission President, gave at the annual conference “La Rencontre des Entrepreneurs de France 2026,” held on August 26th. It’s been circulating on crypto Twitter like wildfire throughout the past few days.
To those of you who might have missed it, her message was rather clear: the world has already changed, and Europe must respond by becoming more independent, more industrially capable, and more willing to direct capital toward strategic priorities.
Von der Leyen argued that many of the assumptions that once underpinned the Union’s economic model have disappeared. Part of her point was that Europe must become a continent that “produces, invests and protects.” She said that the expanding access to China, open global trade, strategic American protection, cheap imported energy, as well as the West’s technological dominance can no longer be taken for granted.
And as a European, I can get behind some of the things she’s saying. European companies are facing increasingly high energy costs, regulatory complexity, and growing competition from China. However, I can’t help but consider one particular point she’s making to be rather alarming.
Today, 10 trillion EUR in household savings are kept in bank accounts. And a large share of Europe’s savings is invested outside our continent. Europe now needs to put these savings to work for its companies.
The intention behind this may be to boost growth, but the language, to me, reveals something important about the relationship between private wealth and governments.
https://x.com/BitcoinArchive/status/2095117031095861314
Who Should Control Your Savings?
From her speech, I see one thing: to policymakers, our household savings are increasingly viewed not just as our property, but as a red, or regulated toward potential objectives
Source: cryptopotato.com
