Having invested in startups for over twenty years I have deep respect for entrepreneurs trying to build a company. It is so difficult. And more often than not, it doesn’t work out. Developing a whole country, of course, is much more difficult. Many leaders in developing countries don’t even try. They use their short time in power for their own benefit. But some leaders give their best shot. Nayib Bukele made Bitcoin legal tender in El Salvador in September 2021. Since then, the country has shown a remarkable development on so many levels.

The Bitcoin engagement in Bhutan has been rumored for a while. A few weeks ago, we learned about mining operations in Bhutan leading to a…

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