"Whenever people hear the word 'Bitcoin,' there is often a sense of fear or uncertainty. But right now, Bhutan—the small Himalayan nation known as the happiest country in the world—is conducting an experiment unlike anything else in history. They are building a 'Miracle City' using Bitcoin they mined themselves."
"It is called the Gelephu Mindfulness City. To fund this massive project, the country has set aside $BTC valued at approximately $1 billion, or roughly ₹8,500 crores. But here is the part that is surprising everyone: Bhutan didn’t buy this Bitcoin with money."
"For the past several years, the Bhutanese government has been secretly mining Bitcoin. They’ve been using the massive amounts of excess hydroelectricity generated from their powerful mountain waterfalls to power these mining operations. According to the latest reports, Bhutan now holds over 10,000 Bitcoins. That makes them the 5th largest government holder of Bitcoin in the entire world."
"King Jigme Khesar Namgyel Wangchuck has described this as the 'Bitcoin Development Pledge.' This isn't just any modern city. Spanning 2,500 square kilometers—which is three times the size of Singapore—Gelephu will be the world’s first 'Mindfulness City."
The design is incredible. It blends traditional Bhutanese architecture with cutting-edge technology:
The city is divided into 11 districts, prioritizing pedestrians and cyclists.
Huge bridges crossing the rivers won't just be roads; they will house universities, hospitals, and cultural centers.
The entire city will run on renewable energy, with a total ban on plastic and a focus on eco-friendly vehicle
"Bhutan isn’t just selling this Bitcoin; they are using it as an asset to attract international investors and create thousands of jobs for their educated youth. Of course, there are risks. Bitcoin prices can change in a second, and a market crash could threaten the project. But Bhutan’s officials remain confident. Because they created this currency themselves through mining, they believe they can handle the market's volatility."
"Following El Salvador, Bhutan has become the second country to take such a daring step. In a time of global inflation, they are showing how the digital age can be merged with their own culture and the philosophy of 'Gross National Happiness.' Situated on the India-Bhutan border, this city is expected to become a major business hub for South Asia. So, is this a digital revolution or a massive risk? We’ll have to wait and see."
