Bitcoin is not legal tender, the recent legislation has nothing to do with it (legal shitcoiner shenanigans). Taiwan (a territory of the Republic of China🇹🇼) uses the New Taiwan Dollar which is issued by the Central Bank of China since 2000 (issued by the Japan-established Bank of Taiwan prior to that). Monetary history of Taiwan is pretty interesting and not well understood, Taiwanese even experienced hyperinflation in 1947 (40,000% in a year!) when the former japanese colony was handed over to the US-allied Chinese nationalists fled from the Chinese Civil War and struggled to maintain stability.

Presently the constitution of the Republic of China🇹🇼 only recognizes the dollar-pegged New Taiwan Dollar as legal tender and invokes strict capital controls on it. Bitcoin as Taiwan legal tender would require a change to the constitution which would be nearly impossible as it would require super-majority 3/4 legislature approval. Taiwan would likely pursue self-determination given the opportunity instead. The Republic of China (circa 1911) constitution is structured in a way to prevent that 🫠, many hurdles for 23 million Taiwanese to be recognized on the world stage

Taiwan is a global leader in providing affordable secure computing which is aligned with the goals of Bitcoin, and Taiwan stands to benefit across many sectors as the Bitcoin network continues to spread with or without the Republic of China. As much as I would love to believe that handing a bunch of copies of Bitcoin Standard to legislators would make Bitcoin legal tender, it just wouldn't play out like that. It would be interesting to see Bitcoin flourish on the island but like most countries, we have shitcoiner problems to deal with.

Come visit nostr:npub1yvt22y0mkehu9n2fr50wlxg3rg0zjfrcezpeat352shjkjd9l8jqgxz9q9 when you're here! Plenty of food choices near our meetup

Tbh what is happening now is mild despite the rhetoric in media 🤷, when I was in elementary school the PRC launched missiles over the island during our first direct presidential election which I was told I could see from the schoolyard (1996, Taiwan was under dictatorship/martial law until 1987). PLA fighter jets that need occasional escorts home when they wander into US-drawn Republic of China airspace (which actually stretches across the Strait into their mainland) is just business as usual. Our friends across the Strait also often draw silly lines on maps that no one pays attention to😂

Prior to that, in 1971 when Republic of China ceded its seat on the UN Security Council to the People's Republic of China, the US even ceased all fighter jet sales to Taiwan, depriving it of air defenses increasing tensions for a decade. Despite tensions, Taiwanese ended up building their own fighter jets in response (FCK-1) until eventually fighter jet sales resumed, today the indigenous fighter jet is called the Brave Eagle. Taiwan with it's fertile land and diverse human capital is fairly self sufficient and thrives under tension

Regardless, strategically Taiwan is a tough nut to crack, amphibious invasion was even avoided entirely by the US during WWII due to its difficulty. Billions of dollars in Chinese aircraft carriers don't actually help in an invasion of Taiwan either, something to think about.

Getting that Softwar thesis to play out in Taiwan would be fascinating 😎