The Bhutanese government’s latest statement positions Bitcoin as a "store of value, medium of exchange, and unit of account." This is not just a simple wording update—it signifies that a sovereign country has officially recognized Bitcoin's multiple financial attributes. Looking globally, cases of adopting Bitcoin as a national-level asset are rare. Such government endorsement usually has a profound impact on the market, but it seems not yet fully priced in. As more countries explore digital asset strategies, similar policy shifts may just be the beginning.
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FlyingLeek
· 12-14 15:20
Bhutan's move is interesting, but I'm more concerned about when Bitcoin can absorb this wave of news.
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SnapshotBot
· 12-13 07:53
Bhutan's latest move, official recognition by a sovereign country is truly different
Is BTC really about to take off? This time, the pricing might not have been accurate
Another country enters the scene, it feels like the dominoes are about to fall
Bhutan has figured it out, directly assigning BTC a triple identity, a bold move
Now all countries can't pretend they didn't see it...
It's only halfway priced, let's wait and see what happens next
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AllInAlice
· 12-13 07:51
Bhutan's recent move is truly remarkable—endorsing Bitcoin with sovereignty. How strong does this signal have to be?
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governance_lurker
· 12-13 07:35
Bhutan's recent move is indeed low-key; the official recognition of the triple attributes has not yet triggered a market response.
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Web3Educator
· 12-13 07:35
ngl bhutan moving that needle on btc legitimacy is lowkey the domino we've all been waiting for... fundamentally speaking, when sovereign states start talking store-of-value language, we're witnessing the bandwidth shift happen in real time
The Bhutanese government’s latest statement positions Bitcoin as a "store of value, medium of exchange, and unit of account." This is not just a simple wording update—it signifies that a sovereign country has officially recognized Bitcoin's multiple financial attributes. Looking globally, cases of adopting Bitcoin as a national-level asset are rare. Such government endorsement usually has a profound impact on the market, but it seems not yet fully priced in. As more countries explore digital asset strategies, similar policy shifts may just be the beginning.