Bitcoin Policy Institute says Taiwan Should Reconsider Bitcoin Reserves
A Bitcoin Policy Institute fellow suggests Taiwan reconsider a Bitcoin reserve to protect against geopolitical risks and potential US dollar debasement.Summary
The Bitcoin Policy Institute recommends Taiwan reconsider adopting Bitcoin as a reserve asset, particularly in light of potential conflict with China. Researcher Jacob Langenkamp argues that Bitcoin offers unique geopolitical resilience, remaining accessible even during a blockade or invasion, unlike gold or USD reserves which could be seized or restricted. He also points to Taiwan’s significant exposure to US dollar debasement due to its large USD-denominated reserves and trade, suggesting Bitcoin could serve as a hedge. While Taiwan’s central bank previously dismissed Bitcoin due to volatility and liquidity concerns, Langenkamp believes these issues are addressable with institutional expertise. Taiwan already possesses 210 Bitcoin, confiscated from criminal investigations, which would rank it as the seventh-largest national Bitcoin holder if officially included in reserves.
(Source：Cointelegraph)