
Daniel Batten|Mar 17, 2025 15:37
Bhutan's citizens now indirectly own 0.02 Bitcoin each through it's strategic Bitcoin reserve.
They didn't pay for the Bitcoin, they mined it using zero marginal cost surplus renewable energy.
Other countries that also have surplus zero marginal cost renewable energy that could easily replicate what Bhutan has done are...
Hydro:
Ethiopia, Paraguay, Switzerland, Russia (Siberia), Norway, Iceland, Laos, Brazil, Nepal, Canada, China
Wind:
Germany, Denmark, England, Spain, Australia, Ireland
Solar:
Italy, India, Chile, Morocco, Saudi Arabia ( +Australia, Spain, Germany again)
Lack of research, lack of political will, and probably a bit of prejudice based on some early flawed research on Bitcoin's environmental impact, is literally costing nations billions
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