Bhutan mines bitcoin to offset declining tourism revenue, fund economic growth
Mar 6, 2025 #Bhutan #Crypto #Cryptocurrency
Bhutan is mining bitcoin to make up for falling tourism revenue.
It's using the funds to pay
Mar 6, 2025 #Bhutan #Crypto #Cryptocurrency
Bhutan is mining bitcoin to make up for falling tourism revenue.
It's using the funds to pay for government spending.
In 2023, the government sold 100 million dollars of bitcoin to fund a 50 percent pay rise for civil servants.
Al Jazeera’s Bernard Smith reports from Thimpu, Bhutan.
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