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LukeMikic21 / Luke Mikic
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2024-09-18 02:45:50

LukeMikic21 on Nostr: 🚨The Kingdom of Bhutan has been EXPOSED as the government with the 4th most ...

🚨The Kingdom of Bhutan has been EXPOSED as the government with the 4th most Bitcoin, holding 13,011 coins!

🇧🇹The Government holds around $1000 worth of Bitcoin per person.(0.016 Bitcoin)

🧵Next is El Salvador with ~ $55$ of BTC per capita, but there's more crazy statistics to this interesting story...👇

🇺🇸Population = 333,000,000
🇺🇸Bitcoin holdings = 207,189
🇺🇸Bitcoin per person = ~$37.95

🇨🇳Population = 1,412,000,000
🇨🇳Bitcoin holdings = 194,000
🇨🇳Bitcoin per person = ~$8.38

🇬🇧Population = 67,000,000
🇬🇧Bitcoin holdings = 61,000
🇬🇧Bitcoin per person = ~$55

🇧🇹Population = 782,000
🇧🇹Bitcoin holdings = 13,011
🇧🇹Bitcoin per person = ~$1,000

🇸🇻Population = 6,300,000
🇸🇻Bitcoin holdings = 5,750
🇸🇻Bitcoin per person = ~$55

🥊From a Bitcoin per citizen standpoint, smaller countries like El Salvador and the kingdom of Bhutan are punching above their weight.

What's even more jaw dropping is the Bitcoin investment compared to each country's GDP.

🇺🇸$25T GDP
🇨🇳$18T GDP
🇬🇧$3T GDP
🇧🇹$2.7B GDP
🇸🇻$32.4B GDP

The Kingdom of Bhutan has invested $500M into Bitcoin mining, representing an investment ~20% the size of their GDP!

For America to make an equivalently large investment, they would need to make a $5T investment, into a $1.2T industry.🤯

Bitcoin will dissolve the power of these bloated Western nations that have dominated the fiat standard.

Bitcoin will empower the smaller, more nimble nation states who embrace Bitcoin early and stake their territory on the network.

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