U.S. President-elect Donald Trump has high-profile supported Bitcoin and even shouted the slogan "Never sell your Bitcoin." This is in stark contrast to Taiwan's central bank's past warning that Bitcoin is "speculative" and "lacks intrinsic value." In contrast, when facing the Legislative Yuan inquiry yesterday (14th), when faced with the question from legislator Lai Shibao that "the central bank looks down on Bitcoin," the president of the central bank, Yang Jinlong, refuted: "I don't look down on it!"
According to comprehensive media reports, Lai Shibao mentioned in the inquiry that Trump accepted Bitcoin donations during the campaign, vowed to become a "Bitcoin President", and even called on supporters to "never sell Bitcoins." These behaviors are "a slap in the face." "President Yang" has a rather disdainful view of Bitcoin.
In response, Yang Jinlong immediately retorted: "No! We think its price is highly volatile and speculative."
Yang Jinlong added that according to his understanding, the Financial Supervisory Commission is also currently involved in supervising cryptocurrencies, and "supervision means acceptance."
Lai Shibao further mentioned that Trump appointed Elon Musk to lead the newly established "Department of Government Efficiency (DOGE)". Musk also said that Bitcoin would be used to repay the U.S. national debt. In response, Yang Jinlong responded that Musk is "very good at manipulating the market." In the past, he also claimed that Tesla could be purchased with Bitcoin, but nothing happened later.
Lai Shibao then questioned, so Musk just talked about it casually? "Okay, please pay attention to Bitcoin, which you have always looked down upon." After hearing this, Yang Jinlong retorted again: "I'm not looking down on you!"
"Taiwan's central bank was questioned as "looking down on Bitcoin"? President Yang Jinlong "Responded like this" This article was first published on (Block Guest).
