atlas21 on Nostr: 🇧🇹 Bhutan uses its billion dollars in Bitcoin to fund the national economy ...
🇧🇹 Bhutan uses its billion dollars in Bitcoin to fund the national economy
According to Bhutan's Prime Minister Tshering Tobgay in an interview with Al Jazeera, the country actively uses its Bitcoin reserves to finance national expenses, such as public salaries, healthcare, and environmental projects.
Currently, Bhutan holds 10,635 bitcoins. The mining is done using clean hydroelectric energy, a resource abundant due to the country's mountainous geography.
During the interview, Tobgay rhetorically asked:
“Hundreds of people have made significant profits from Bitcoin. Why shouldn’t governments adopt similar strategies?”
Atlas21 article. ⬇️
https://atlas21.com/bhutan-the-billion-dollars-in-bitcoin-supporting-the-national-economy/
According to Bhutan's Prime Minister Tshering Tobgay in an interview with Al Jazeera, the country actively uses its Bitcoin reserves to finance national expenses, such as public salaries, healthcare, and environmental projects.
Currently, Bhutan holds 10,635 bitcoins. The mining is done using clean hydroelectric energy, a resource abundant due to the country's mountainous geography.
During the interview, Tobgay rhetorically asked:
“Hundreds of people have made significant profits from Bitcoin. Why shouldn’t governments adopt similar strategies?”
Atlas21 article. ⬇️
https://atlas21.com/bhutan-the-billion-dollars-in-bitcoin-supporting-the-national-economy/