These 6 Words From a Head of State Are Super Bullish for Bitcoin
This isn't the first year that people in positions of power started to talk about Bitcoin (CRYPTO: BTC), but it's definitely the first year in which it's important enough for heads of state to be regularly commenting. And when top politicians weigh in on what they think should be done regarding a certain asset, it behooves investors to listen, as it's almost always information that's relevant to an asset's chances of gaining value over the long term.In that vein, one prime minister in particular had a provocative take on Bitcoin recently. If leaders are thinking like he is, it will be especially bullish, so let's dive in and see what he said and why it matters.During an interview in April with Al Jazeera, the prime minister of Bhutan, Tshering Tobgay, had six choice words to say about mining Bitcoin: "I think governments should do it." That's quite the green flag for Bitcoin bulls for a few reasons.Continue reading
This isn't the first year that people in positions of power started to talk about Bitcoin (CRYPTO: BTC), but it's definitely the first year in which it's important enough for heads of state to be regularly commenting. And when top politicians weigh in on what they think should be done regarding a certain asset, it behooves investors to listen, as it's almost always information that's relevant to an asset's chances of gaining value over the long term.
In that vein, one prime minister in particular had a provocative take on Bitcoin recently. If leaders are thinking like he is, it will be especially bullish, so let's dive in and see what he said and why it matters.
During an interview in April with Al Jazeera, the prime minister of Bhutan, Tshering Tobgay, had six choice words to say about mining Bitcoin: "I think governments should do it." That's quite the green flag for Bitcoin bulls for a few reasons.
