When will the universal distribution of 10,000 be issued and how to claim it? The finance minister confirmed that it will be credited in November, with a full analysis of the 5 channels.

The Legislative Yuan passed the “Resilience Special Budget” concerning the universal distribution of 10,000 dollars in its third reading. Finance Minister Chuang Tsui-yun stated that it could be announced for implementation as early as next week, with the first batch expected to be directly credited in early November. Five channels are planned for direct credit, registered credit, ATM withdrawal, postal withdrawal, and distribution by listing.

When will the distribution of ten thousand be made? The first batch will be directly credited in early November.

In response to the public's high concern about when the universal distribution of 10,000 will take place, Finance Minister Chuang Tsui-yun stated on the morning of October 16 at the Legislative Yuan's Finance Committee that if the budget passes smoothly on October 17, it could be announced for implementation as early as next week. The Ministry of Finance will hold a press conference on the day of the announcement to explain the distribution method and schedule, with the first batch expected to be credited directly in early November.

KMT legislator Lai Shih-Pao pointed out in the meeting today that if the budget bill is passed in the third reading on October 17, it is expected to be announced before October 25. He questioned whether the Ministry of Finance has the opportunity to begin cash distribution before the end of October. In response, Chuang Tsui-Yun stated that the Ministry of Finance will actively promote related operations, but at this stage, it still needs to complete multiple administrative procedures, including checking the distribution roster, designing the public registration platform, and handling registration mechanisms for remote areas, to ensure accurate distribution without omissions or duplicates.

Lai Shibao continued to ask whether it was possible to advance the distribution to the end of October. Zhuang Cuiyun did not commit but only stated that the relevant operations would require at least 5 working days to complete the list, emphasizing that “there must be no omissions.” This means that the earliest time for the universal distribution of ten thousand is confirmed to be early November, and the possibility of distribution before the end of October is extremely low.

According to the Ministry of Finance's business report, in accordance with the provisions of Article 9 of the Special Regulations on Resilience, the distribution of universal cash payments will commence within one month after the announcement of the special budget and must be completed within seven months. This means that from the date of announcement, the Ministry of Finance has one month of preparation time and must begin distribution no later than one month after the announcement.

How to claim the universal distribution of 10,000? A complete analysis of 5 claiming channels

DPP legislator Cai Yiyu expressed concern about how the distribution of the one-time payment of ten thousand will be carried out and who the recipients will be. Market maker Zhuang Cuiyun explained that the first batch of recipients will be those who have already met the qualifications and have clear account information, such as specific groups receiving subsidies or allowances, including the elderly, labor insurance recipients, or occupational accident workers, with an estimated 4.25 million people benefiting, and the funds will be directly credited to their accounts.

According to the Ministry of Finance's plan, the channels for distributing ten thousand to everyone include direct credit, registered credit, ATM cash withdrawal, postal cash withdrawal, and batch distribution, totaling 5 categories. The Ministry of Finance expects to start the distribution in early November in order, with direct credit being the first batch.

How to claim the universal distribution of 10,000? 5 ways to receive it:

Direct Deposit (First Batch): Approximately 4.25 million people, with clear account information, including the elderly, labor insurance, or occupational injury workers, will receive direct deposit in early November.

Registration for Accounting (Second Batch): Approximately 9.35 million people need to register their account information online, categorized by the last digit of their ID card number.

ATM Withdrawal: Bring your financial card to the ATM, enter your ID number and verification code to receive cash.

Cash Withdrawal at Post Office: Bring your ID to the post office to withdraw cash.

Distribution: Special groups will receive a unified distribution after being registered by the competent authority.

The second batch is the account import after website registration, accounting for the largest number, estimated at 9.35 million people. The website has been set up and is currently undergoing testing. Once announced, it will be prepared for activation and will be distributed according to the last digit of the ID number to avoid internet congestion. In addition, the competent authority will also provide channels such as ATM and postal service counters simultaneously, allowing the public to choose according to their convenience.

The distribution of ten thousand dollars is promoted by the Executive Yuan, which has established a cross-ministerial “Cash Distribution of Ten Thousand Dollars” task force. It is divided into six groups: “System Platform Group,” “ATM Cash Withdrawal Group,” “Post Office Cash Withdrawal Group,” “Fraud Prevention Group,” “Publicity and Customer Service Group,” and “Administration and Payment Settlement Group,” with the Ministry of Digital Development, Financial Supervisory Commission, Ministry of Transportation, Executive Yuan's Fraud Prevention Command Center, and Ministry of Finance serving as the main agencies.

Should I buy Bitcoin with the distribution of 10,000? AI analysis of BTC vs TSMC

Since the rise of Bitcoin, whether the cryptocurrency market or the traditional stock market is better has been a topic of debate among investors. In Taiwan, Bitcoin, as the leader of the cryptocurrency space, has attracted the attention of countless young investors, while TSMC, known as Taiwan's “national treasure,” stands at the forefront of technology stocks with its solid growth and technological leadership.

We asked ChatGPT-4: “Investing between Bitcoin and TSMC requires analyzing various factors, including volatility, growth potential, regulatory environment, technological adoption, etc. Please analyze each factor of these two assets.”

ChatGPT-4 mentioned the volatility of Bitcoin, which can fluctuate dramatically in a short period due to market sentiment, government regulatory news, and the global economic situation. For adventurous investors, the high-risk, high-reward nature of Bitcoin may be very appealing. However, for conservative investors seeking stable returns, the stock price fluctuations of TSMC are relatively more stable.

The growth of Bitcoin over the past decade has been astonishing, and future growth will depend on the level of institutional adoption, the clarification of regulatory policies, and technological advancements. On the other hand, TSMC, as the world's largest foundry, will further consolidate its important position in the global supply chain with the explosive growth in demand from industries such as AI, IoT, autonomous driving, and 5G.

ChatGPT-4 believes that investing in TSMC means investing in the future of global technology development, while investing in Bitcoin is more like betting on a transformation of the financial system. Overall, investing in Bitcoin or TSMC depends on the individual's risk tolerance. For investors who want to balance both, incorporating Bitcoin and TSMC into their investment portfolio may help diversify risk.