Taiwan should reconsider a Bitcoin reserve in case of war, says think tank

Taiwan should reconsider a Bitcoin reserve in case of war, says think tank

Taiwanese lawmaker Ko Ju-Chun said last year that the country’s Ministry of Justice holds 210 Bitcoins, worth $14 million, confiscated during criminal investigations.

Taiwan should reconsider adopting Bitcoin as a reserve asset to hedge against global turmoil and the risk of war, according to a research fellow at the Bitcoin Policy Institute.

In a report on Tuesday, Jacob Langenkamp said that should China pursue reunification with Taiwan by military force through a blockade or full invasion, Bitcoin (BTC) is the only reserve asset that would remain fully accessible and spendable under either scenario.

“Uniquely for Taiwan, Bitcoin provides geopolitical resilience: in a PRC blockade or invasion, gold is stranded or seized and USD reserves face potential restrictions, but Bitcoin remains fully accessible without physical transport,” he added.

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