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Bitcoin in Bhutan: Charting Its Own Course of Economic Development

Author: Content Editor
Bhutan is charting its own path in the world of digital currencies and blockchain technology. Unlike other countries that prioritize GDP, Bhutan measures success using Gross National Happiness (GNH) and focuses on the well-being of its citizens. Under the leadership of King Jigme Khesar Namgyel Wangchuck, Bhutan is integrating blockchain and Bitcoin into its vision for sustainable development. Bhutan has become one of the largest sovereign holders of digital assets, with its Bitcoin reserves exceeding $1 billion. The country is using its abundant hydropower resources to power its Bitcoin mining operations in an environmentally sustainable way. Bhutan's strategic use of cryptocurrency as an economic asset is attracting foreign direct investment and creating local jobs. The country's "Mindfulness City" project aims to fulfill Bhutan's long-term vision by integrating sustainable development with modern technologies. Bhutan's adoption of blockchain and Bitcoin presents an alternative view of success that prioritizes well-being and sustainability.

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