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Bhutan Has Been Paying Government Salaries With Bitcoin
March 8, 2025 at 7:19 PMby The Block Whisperer
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Bhutan leverages excess hydropower for Bitcoin mining, amassing 13,029 BTC worth $1B to fund government salaries and healthcare amid tourism decline.
Bhutan just dropped the mic on the entire crypto world, showing that playing smart with Bitcoin can pay dividends.
Their Prime Minister revealed they're using Bitcoin to pay government workers and fund healthcare.
This tiny Himalayan nation has 13,029 BTC, worth a cool billion dollars, while your country's central bank is still "researching" CBDCs.
COVID absolutely wrecked Bhutan's tourism industry back in 2020.
But instead of begging for IMF loans, they just pointed their excess hydropower at Bitcoin miners and started stacking sats.
Their mountains and rivers turned out to be the perfect natural money printers for the Bitcoin age, with the whole operation running on clean energy that would've otherwise gone to waste – making Western Bitcoin critics look utterly clueless about the actual energy dynamics at play.
Most governments are still debating if Bitcoin is a security, commodity, or tiger-themed casino chip.
Meanwhile, Bhutan's flipped the script and transformed Bitcoin from a speculative asset into a functional treasury reserve.
They've gone way beyond El Salvador's Bitcoin Law – they're actually running government operations off their crypto bags.
No flashy Bitcoin conferences, no laser eyes on Twitter – just quietly using crypto to solve real economic problems.
Bhutan's mining with 100% renewable energy while ESG-conscious investors are dumping Bitcoin over environmental FUD.
Their mining operation is headed toward 600 megawatts by 2025, putting them in the big leagues globally.
Unlike Kazakhstan or Texas, nobody complains about their grid usage because they're tapping energy that literally has nowhere else to go.
The country famous for measuring happiness instead of GDP found a way to mine Bitcoin without the typical environmental baggage – funny how that works.
Everyone talks about El Salvador and now Trump's strategic reserve, but Bhutan's been crushing it without the PR campaign.
They've created a model that makes sense – convert stranded renewable energy directly into Bitcoin.
The genius move was keeping their stack mostly quiet until they'd already accumulated over 13,000 coins.
It's almost like they read the Bitcoin playbook and executed it perfectly while everyone else was busy arguing policy.
Small countries with excess renewable energy just got handed the perfect economic development model.
Convert your stranded energy into Bitcoin, build a treasury, and fund government operations with the upside.
No need for permission from the World Bank, IMF, or global financial gatekeepers – it looks like Bhutan found a cheat code for national sovereignty in the digital age.
Their approach won't work everywhere – you need the right geography and energy profile to pull this off.
But for countries with the right conditions, Bhutan just wrote the manual on how to Bitcoin correctly.
Somewhere in that breathtaking Himalayan Kingdom, the government accountant that came up with the scheme is no doubt being treated quite well… and having their salary paid in Bitcoin.
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