Binance Boss Mocks Europe: Why Bhutan Is Beating the EU at Bitcoin

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Somewhere in the bustling streets of Dubai, during the Token2049 shindig—a get-together where ties are illegal and everyone pretends to understand what “web3” means—Changpeng Zhao, known across the digital lands as “CZ” (which is shorter, presumably, because you have to type it a lot), announced that several nations are stuffing their mattresses with Bitcoin, and one of them is not Europe. 🪙

Zhao’s been advising various governments. (One imagines there must be an exclusive club card for “I advise governments.”) But if Europe got the invite, it’s still sitting in the unread pile next to “Master Crypto in 24 Hours!” and “12 Ways to Regulate Blockchain Without Knowing What It Is.” Meanwhile, America and Asia are snapping up sats as if they’re limited-edition stamps.

And then, out of the mists (well, mountains) comes Bhutan. Yes, Bhutan, the place more famous for happiness than hoarding digital gold. According to CZ, Bhutan’s not just dipping its toes into Bitcoin, Ethereum, and BNB—it’s wading in like someone who’s discovered their pool is filled with champagne. Billions, allegedly. If only happiness were as easily acquired as satoshis.

Bhutan’s strategy? Get in early, stack coins high, and probably hope the blockchain never requires yaks for transaction fees. It’s “proactive financial planning,” said CZ—a phrase which here means “either very clever or a wild bet your grandchildren will thank you for (or not).”

Meanwhile, as Bitcoin ETFs drive bull runs mad enough to trample granny’s pension, Ethereum is still gearing up, like a wizard who can’t find his good hat. The capital, CZ mused, will slosh around soon enough to other digital delights once the market’s brave souls—otherwise known as “investors”—feel bullish enough.

Crypto, CZ insisted, is about freedom. Monetary and personal. Because, as any Discworld philosopher could tell you: without financial freedom, the only thing you can buy is regret and a cheap sandwich. “Without freedom in finance,” quoth CZ, “freedom itself is incomplete.” Which sounds profound, at least until you remember the price of a sandwich.

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2025-05-01 01:29