Bitcoin As A Reserve: Samson Mow Urges Taiwan To Buy 83,000 BTC

Quick Summary:

In a striking proposal at the 2024 Asia Blockchain Summit, Samson Mow, CEO of Bitcoin technology company JAN3, recommended that Taiwan should adopt BTC as part of its national reserve strategy by purchasing 83,000 units of the cryptocurrency.

So Taiwan has ~35% more gold.The UK has 61,245 BTC.

Trump advocated for the US to establish a “strategic national stockpile” of the already confiscated BTC to secure a leadership position in global adoption.

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Article Details

Author / Journalist: Jake Simmons

Category: Crypto

Markets: HungaryEl SalvadorHong KongTaiwanUnited Kingdom

Topics: Bitcoin Taiwan Bitcoin News Taiwan Bitcoin news Bitcoin Bitcoin price Btc price Samson Mow Btc

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-08-08 @ 22:00:57 (10 hours ago)

News Timezone: GMT +8:00

News Source URL: bitcoinist.com

Language: English

Article Length: 476 words

Reading Time: 3 minutes read

Sentences: 35 lines

Sentence Length: 14 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Bitcoinist

News ID: 21992448

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About Bitcoinist

Main Topics: Crypto

Official Website: bitcoinist.com

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News Last Updated: 11 hours ago

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