#Taiwan To Make #Bitcoin Legal Tender
Scroll down to the second part of the article
https://www.tekedia.com/paypal-to-offer-crypto-services-in-uk-taiwan-to-make-bitcoin-legal-tender/
In a historic move, Taiwan has announced that it will make Bitcoin a legal tender in the country, becoming the second nation in the world to do so after El Salvador. The decision was made by the Legislative Yuan, the unicameral legislature of Taiwan, after a heated debate and a close vote on October 30, 2023.
The bill, titled “The Digital Currency Legalization and Regulation Act”, aims to provide a clear legal framework for the use, exchange, taxation and regulation of Bitcoin and other cryptocurrencies in Taiwan. The bill also recognizes Bitcoin as a foreign currency for the purposes of foreign exchange and trade.
According to the bill, Bitcoin will be treated as a legal means of payment for all public and private transactions in Taiwan, as well as a store of value and a unit of account....
...The bill is expected to take effect on January 1, 2024, after a two-month period of public consultation and preparation. The FSC has announced that it will issue detailed regulations and guidelines for the implementation of the bill before the end of this year.
Wow!
100%. Last meetup was great here in Melbourne AU.
nostr:note1hsfnq6rlwadusptvdze9k8hmu3he3hdpcvkthzwznrkm9tyh2l3swm753l
Perfect.
Getting my core game going. #pleb #bitcoin #core #fullnode #raspberrypi #raspiblitz #geekworm #lfg #grownostr
Got the shipping advice, thanks. Looking forward to setting it up. Gonna paint it orange.
This cluster of latest news about crypto in my inbox this morning gives me a warm, fuzzy feeling. The future of Bitcoin is bright. #bitcoin #plebmoney #allgoingtozero #lfg
Love your stuff, but coms could be better. Paid for a Palas with BTC over a week ago and no word on shipping. Even emailed and still no cigar.
OK, second post. Signed up and verified to Nostr Friday 13th! I think I'm getting the hang of this. Sooooo much cooler than clown world social media. LFG!
Haha, I verified up Friday 13th!
I remember a dear friend and mentor back in '97 excitedly telling me about this stuff he'd been reading about called cryptography. I was in marketing as a creative so had no time for "maths", but I somehow sensed that it was important. I've always had an inkling for trends. Little did I know how big an impact this one would have. I was lost in clown world until '17 when it all started to come into focus.
I opted to do a home office setup.
Raspberry Pi 4 8GB
Raspberry Pi 4 Power Supply USB-C 5.1V 3A
16GB SD Card
2TB SSD and SATA cable (USB 3.0 to SSD 2.5”)
Geekworm X862 V2.0 M.2 NGFF SATA SSD Storage Expansion Board
Western Digital WD 2TB SSD, WD Blue 3D NAND, M.2 2280 SATA
CryptoCloaks Palas in White (gonna spray it orange!)
ColdCard
The plan is to get a full node up with BTCPayServer. Not sure if I can run a Nostr relay from this as well, so that's something for me to look into.
Waiting patiently for my parts to arrive. JK, not patient at all.
