Regardless of whether it's bs or not, we just need 8 Bhutans around the world and we get some insane prices! Countries are looking at Bhutan. A bunch of Buddhist monks are overtaking and showing up the biggest capitalist countries in the world. Come on surely we got 8 countries in the world that won't take this! 💯
Discussion
Forgive my ignorance, can you explain further what you mean? Especially “Bhutan”?
Bhutan is using hydro electric power to mine Bitcoin. There are many more countries around the world with a lot of untapped energy. Basically they have too much energy but not enough people near the source of energy to sell in the form of electricity. So instead of all this energy being wasted, they use it to mine bitcoin. So basically im saying if we have 8 more countries that do what Bhutan has done, then much of the mined bitcoin will get locked away into cold storage and never . So this will contribute to a supply shock.
US can do this through the dams they have that produce hydroelectric power. I've pretty much explained this further in a message further down. Someone says there is a fake post circulating that the US will do this. If US don't do this then there are many countries that will.
I find it ironic that Buddhist monks have realised this potential and now own even more bitcoin than el Salvador, after just one year. They are now 4th largest holder of Bitcoin in the world. They have overtaken many capitalist countries. I think they realise bitcoin is all about freedom, independence, self empowerment, its great to see.
Thanks for the rehash!