Duomidoro Book-Review Controversy Highlights Taiwan’s Negative Perceptions of Crypto

While reviewing works by author Huang Shanliao, the YouTube channel Duomidoro noted that characters were repeatedly defined through references to “cryptocurrency” and “passive income.” That prompted readers to discuss how Taiwan’s crypto sector is often associated with speculation, fraud and getting rich without working, stigmatizing both ordinary investors and industry professionals.

The latest controversy centers on whether being someone who “buys cryptocurrency” has become a pejorative label in the investment community. Related articles cited virtual-currency fraud cases in Taiwan in recent years as a source of the distrust. However, the available event information does not specify publication dates, statistical agencies, amounts involved or case numbers, making it impossible to provide figures without speculation.