IS THE HAPPIEST COUNTRY IN THE WORLD GOING ALL-IN ON BITCOIN? 🇧🇹 Bhutan – a tiny nation nestled in the Himalayas and consistently ranking at the top of global happiness charts – is quietly betting on a very different economic strategy: mining Bitcoin using hydroelectric power. Few people know that since 2019, the Bhutanese government has started a state-led Bitcoin mining program, but it has been largely unannounced. This country's advantage lies in its abundant hydroelectric power system from the Himalayan ice, providing a clean, cheap, and stable source of Capital . This is extremely important for energy-intensive Bitcoin mining operations. ⚡ At its peak, Bhutan is believed to have held around 13,000 BTC. However, the country's current Bitcoin holdings are estimated at around 5,400 BTC, placing Bhutan among the top 7 countries with the most Bitcoin in the world. YTD, the country has also sold approximately $42.5 million worth of Bitcoin to supplement its budget revenue. But Bhutan's ambitions don't stop at mining Bitcoin. At the heart of the new economic strategy is Gelephu Mindfulness City – a special administrative region initiated by Sultan Jigme Khesar Namgyel Wangchuck in the south of the country, near the Indian border. 🏙️ This city was designed as an “economic laboratory”. The city adopted Singapore's Companies Act, established an independent judicial system, and granted legal autonomy for 20 years to attract international businesses and investors. In February, Prime Minister Tshering Tobgay stated that Bhutan would leverage green renewable energy resources in Gelephu to develop AI and technology-related goals. Within that ecosystem, Bitcoin will be integrated into the city's payment system, while also Vai as a strategic reserve asset against inflation. 💰 (Source: Znews) It seems Bhutan is betting on Bitcoin, but if Bitcoin crashes, for example, Chia in half from this price, will the King and his people still be happy? 😅
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Upside GM
@gm_upside
03-12
Năm 2017, Ngân hàng Nhà nước Việt Nam ra văn bản: dùng Bitcoin làm phương tiện thanh toán là hành vi bị cấm.
Năm 2026, Bộ Tài chính đang soạn thảo cách thu thuế từ nó.
Việt Nam mất gần 10 năm để đi từ "cấm" sang "thu thuế". Dưới đây là toàn bộ lộ trình 👇 x.com/gm_upside/stat…


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