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pkt / Peter Todd
npub1ej4…ndrm
2025-04-16 10:32:10

pkt on Nostr: “Bhutan has not formally disclosed how much it holds in the cryptocurrency. ...

“Bhutan has not formally disclosed how much it holds in the cryptocurrency.

However, according to blockchain intelligence firm Arkham, Bhutan’s Bitcoin holdings are worth more than $600m as of April 9, making up about 30 percent of the kingdom’s GDP.”

Bhutan should put its Bitcoin stash through Wasabi to give it the choice whether or not to reveal how much ₿ it has.

Remarkable BBC piece explaining how Bhutan has used Bitcoin mining off hydroelectric power (which it otherwise sells to India for next to nothing) in order to generate a prodigious stack worth 30% of its GDP 🇧🇹

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