As a former Goldman Sachs quant and current ChainCatcher analyst, I’ve watched this unfold: Bhutan, not a tech hub but a Himalayan sovereign state, now holds 13% of its GDP in Bitcoin—backed by hydropower-mined coins and institutional discipline. This isn’t speculation—it’s systematic monetary engineering. With six regulated mining sites and zero tolerance for meme-driven volatility, Bhutan has built the first sovereign crypto infrastructure where payments flow on-chain. I didn’t believe it until I saw the ledger.