Post
Topic
Board Bitcoin Discussion
Re: Bitcoin for Afghanistan and Taiwan
by
cabron
on 19/08/2021, 01:13:05 UTC

https://youtu.be/B6l5ZuTON9A?t=314

The Chinese foreign ministry spokesperson Hua Chunying said to the Taiwanese that they could be the next too. What happens to Afganistan could happen to the Taiwanese and the unification of Taiwan to China shouldn't be stopped. It's a strategic mind game for them.

Given the events in Afghanistan over the last week, it is a great example of where bitcoin could have been of great use to the people of the country.  The currency, the Afghani, fell to record lows.  Anyone who owned bitcoin was protected and could escape the country with their assets, not worrying about capital controls or confiscation at the border.

Given that China sees how weak the current US administration is, Taiwanese should beware and should have escape plans in place:  assets offshore in the US, EU, Switzerland etc and some large percentage in bitcoin.  The people of Hong Kong had an opportunity to do so, and probably still have a slight window, but right now Taiwan is in a place where the people should be concerned about the communists at their door.

They should be a concern but what else could they do but fly away from there if they don't want to be caught in the middle.  They should be buying Bitcoin right now or they end up like the Afgan president who loads a huge amount of cash in his car while fleeing.