๐ฅ BHUTAN PLAYS BIG: USING 10,000
$BTC TO BUILD "MINDFULNESS CITY" ๐งโโ๏ธ
๐ง๐น Bhutan announces the use of 10,000 Bitcoin (~875 million USD) from its national reserves to develop Gelephu Mindfulness City (GMC).
๐๏ธ GMC is aimed to be a new administrative & economic special zone, a long-term growth engine for the country.
๐ง BTC is managed according to the national treasury strategy: controlled, transparent investment and long-term holding.
๐ณ Bitcoin will be integrated for commercial & tourism payments, alongside a pilot of the TER token backed by gold.
๐ฑ GMC focuses on: finance โ fintech โ crypto โ tourism โ technology โ green energy โ healthcare โ agriculture.
โก Bhutan leverages the advantage of BTC mining using clean hydroelectric power, viewing Bitcoin as the โdigital goldโ of modern times.
๐ Quick conclusion:
Bhutan does not FOMO, does not trade โ but considers BTC as a strategic national reserve asset. One of the most notable nation-state adoption cases of Bitcoin today.
This article is for reference only, not investment advice. Bhutan uses BTC to build a city, while you should check your wallet before sleeping, too.
#BitcoinAdoption #NationStateBTC #CryptoTreasury #DigitalGold #blockchaineconomy