Tag: bhutan

Bhutan's Bold Bet Millions in Bitcoin Mining Fuels Economic Ambitions

Bhutan's Bold Bet Millions in Bitcoin Mining Fuels Economic Ambitions

Bhutan, the small Himalayan kingdom, has quietly, but decisively, become one of the world’s most important actors in the largely unregulated world of cryptocurrency. The reclusive country has been mining Bitcoin for several years, amassing holdings worth over $600 million as of April 9. Bhutan’s strategic investment in Bitcoin is...

Bhutan's Bitcoin Gamble: Freedom or Fool's Gold?

Bhutan's Bitcoin Gamble: Freedom or Fool's Gold?

Is Bhutan's all-in bet on Bitcoin a masterstroke of economic ingenuity, or a reckless gamble with the nation's future? You see, when a country synonymous with Gross National Happiness starts hoarding Bitcoin like a dragon guarding gold, you have to wonder: is this a leap towards economic freedom, or a...

Bhutan's Bold Bitcoin Bet: 3 Reasons Why It Just Might Work

Bhutan's Bold Bitcoin Bet: 3 Reasons Why It Just Might Work

Picture this—a nation where happiness is literally the ultimate measure of progress, where Gross National Happiness exceeds Gross National Product. That's Bhutan. Now imagine this peaceful Buddhist kingdom, tucked high in the Himalayas, secretly raking in billions of dollars in Bitcoin. Sounds like an unexpected twist from a feel-good film,...