Dive into the hidden world of Bitcoin mining at the nation-state level in this eye-opening episode of The Joe Nakamoto Show. Joe sits down with Austrian Bitcoin journalist and podcaster Niko Jilch to uncover the story of Bhutan's surprising Bitcoin mining revolution. From its surplus hydroelectric energy fueling a sustainable Bitcoin economy to the Royal Family's forward-thinking approach, Bhutan stands out as a unique player in the global Bitcoin landscape.Niko shares his firsthand experiences at the Bhutan Innovation Forum, his conversations with government officials, and insights into how Bitcoin is reshaping Bhutan’s economy, geopolitics, and energy policy. The episode also explores the philosophical tensions between Bitcoin as a decentralized asset and its adoption by nation-states.Whether you're a Bitcoin enthusiast, geopolitical observer, or just curious about how small nations leverage cutting-edge technology, this episode offers a fascinating glimpse into Bhutan's Bitcoin journey.Key Topics Discussed:Bhutan’s use of 100% hydropower for Bitcoin mining.The role of Bhutan's monarchy in driving Bitcoin adoption.The nation’s strategic approach to mining and HODLing Bitcoin.Comparisons with Bitcoin adoption in El Salvador and other nations.The geopolitical implications of state-level Bitcoin mining.DO YOU WANT to LEARN ABOUT Bitcoin ?
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Timestamps":0:00 - Bhutan’s Bitcoin holdings and mining1:05 - Niko Y on Bhutan’s unique mining2:03 - Insights from Bhutan Innovation Forum3:09 - Bhutan’s sustainable tourism policies4:12 - Bhutan’s friendly culture and education5:15 - Bhutan’s geopolitical stance explained6:42 - Monarchy’s influence on governance8:17 - Energy resources and Bitcoin connection9:44 - Secrecy of Bhutan’s Bitcoin reserves11:01 - Bhutan’s energy export strategy12:57 - Bitcoin as a future asset15:46 - Universal Basic Income through mining18:26 - Bhutan as a mining model21:54 - Government involvement in Bitcoin discussed24:08 - Grassroots Bitcoin adoption in Bhutan27:44 - Bitcoin’s role in modern economies30:18 - Decentralization versus government control33:46 - Future of Bitcoin mining and sustainability38:28 - Bhutan’s unique position in Bitcoin

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