Post
Topic
Board Politics & Society
Re: Impact to BTC if China invades Taiwan
by
Fiatless
on 31/12/2024, 23:45:30 UTC
Has anyone given this some thought?

Or is HODL still the recommended strategy here? 
I might be wrong but I don't see Taiwan as a major player in the Bitcoin ecosystem. China invasion of Taiwan will affect almost all the global economy since some world powers has interest in the country. Joe Biden has kept restating the commitment of the US to defend Taiwan I'm a case of a Chinese invasion, I don't know what Trump's approach will be.

There have been several global military conflicts over the past years and some people have predicted that it will give Bitcoin a big blow. Surprisingly Bitcoin has overcome all of them. It might affect the price initially but the market will recover with time. My final advice is to keep hodling and don't give much attention to FUD. Weak hands will fall for these threats while strong hands will damn these fears and keep hodling.