Bitcoin As A Reserve: Samson Mow Urges Taiwan To Buy 83,000 BTC
Summary
Samson Mow, CEO of JAN3, proposed Taiwan should buy 83,000 BTC, tied to its gold reserves. He highlighted potential economic benefits and noted the investment would be less than 1% of Taiwan's GDP. The idea has not reached the government yet. Experts discuss the resilience it could provide during a financial crisis. This proposal aligns with a global trend of countries considering BTC as a national reserve asset. Former US President Trump and a member of the Hong Kong Legislative Council have also expressed support for this idea. At the time of writing, BTC traded at $57,389.
