A call for Bitcoin (BTC) has come from the country that has been experiencing tensions with China for a long time!

As the topic of Bitcoin reserves led by the USA continues to be discussed around the world, the latest proposal came from Taiwan.

At this point, the Taiwanese legislator called for Bitcoin to be added to national reserves.

Taiwanese legislator Ko Ju-Chun has called on the government to include Bitcoin as part of its diversified reserve strategy, alongside gold and foreign currencies.

According to Wu Blockchain's X, it emphasized that BTC's protective capabilities could help enhance the resilience and flexibility of Taiwan's financial system.

In his speech at the Ko National Conference, he mentioned the potential of Bitcoin to serve as a hedge against global economic risks, stating that Taiwan should recognize Bitcoin in addition to gold and foreign currency reserves to enhance its financial resilience.

Ko pointed out that Taiwan has an export-oriented economy and emphasized that due to global inflation and increasing geopolitical risks, national currencies have experienced significant fluctuations against the New Taiwan Dollar.

"We currently have 423 tons of gold reserves, and our foreign currency reserves, including investments in U.S. Treasury bonds, amount to 577 billion dollars.

Given the potential for greater currency volatility or regional conflict scenarios, I believe that Bitcoin should also be added to Taiwan's reserves, as it is highly likely that Taiwan may fail to ensure security and liquidity.

Additionally, Bitcoin has been operating for over 15 years. It has a fixed total supply, is decentralized, and resistant to censorship. For these reasons, I believe Bitcoin is very suitable for Taiwan.