Taiwanese legislator Ko Ju-Chun called upon the country’s national government to make Bitcoin part of the country’s reserve system. According to him, Bitcoin can support the economy of Taiwan through times of global inflation and uncertain geopolitical developments through increased flexibility and security.
He highlighted how Bitcoin carries special value when it is integrated alongside gold and foreign exchange reserves in the country’s fiscal planning.
During a recent legislative session, Ko discussed rising concerns over sharp currency swings involving the New Taiwan Dollar on the international stage.
He believes Bitcoin’s limited supply and independence from central banking systems make it suitable for economic defense. These traits allow it to function as a buffer against inflation and external market pressure.
He referred to the state of New Hampshire, where the governor passed a Bitcoin reserve bill earlier this year. He referred to this act as testimony that virtual assets are increasingly being embraced in sovereign plans.
Taiwan eyes Bitcoin for reserve revolution
Taiwan could take a similar step by gradually introducing Bitcoin into its foreign asset mix. Ko noted this approach could strengthen Taiwan’s financial system by supporting economic flexibility.
Ko noted that Bitcoin’s price volatility has decreased over time. This shift coincides with growing global adoption and the maturation of cryptocurrency markets.
Bitcoin can no longer be considered a speculative bet but an instrument to stabilize reserve portfolios, he explained. As the dollar comes under growing pressure from global conflicts as well as inflation patterns, Bitcoin presents an additional way for countries to store national value safely.
He compared BTC to a strategic resource in the modern era. He described it as both a financial asset and a digital safeguard.
Nonetheless, Ko encouraged policymakers to allocate a small share of reserves to BTC for risk mitigation. This, he said, would help Taiwan prepare for future financial shocks with greater strength and control.
