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Boyka78
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#StrategyBTCPurchase As the world debates crypto regulations, Bhutan is quietly blending its tradition with technology. Not cash or card, the Himalayan kingdom is now rolling out a crypto welcome mat to woo tourists to the country, in one of its first nation-wide crypto use cases to attract capital inflow. The country has collaborated with the world’s biggest crypto exchange Binance to enable Binance Pay for masses. It’s a UPI-like payments system that directly converts crypto to fiat currency or Bhutanese Ngultrum on a quick scan of the QR code of the merchant. Over the last fortnight, Binance and the Bhutan government gave us a glimpse of this futuristic payments ecosystem, as we paid for everything – from hotels, tour guides, street food to handicrafts – using crypto. This was across Bhutan’s topography, whether we were in the capital city of Thimphu or at an elevation of over 3,100 meters in the foggy Dochula Pass or a mystical Takstang Monastery (Tiger’s Nest). This marks a big technological shift in the economy of the so-called Land of the Thunder Dragon, which has been measuring its progress through happiness indices and sustainable practices for the longest time.
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#StrategyBTCPurchase Bhutan gov't moves $74M in BTC to Binance as price hits new highs . Bhutan's government has moved $74million in Bitcoin to Binance over two weeks, possibly cashing in as the asset hits new all-time highs. $BTC
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#BinanceHODLerERA Bulgaria reportedly sold 213, 500 Bitcoin in 2018-assets that would be worth over $25 billion today. The BTC was originally seized in an anti-corruption operation targeting criminal networks. Had the government held the Bitcoin, it could have completely erased Bulgaria's public debt. Instead, the early sale missed out on one of crypto's largest potential gains. The story has reignited debates over state crypto strategy and asset management. $BTC
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