Taking a moment to reflect back on my time in Bhutan, now that I’ve settled back into my regular back home in Hong Kong. Bhutan is sometimes referred to by its moniker, ‘the land of happiness’, they measure GNH (Gross National Happiness) as opposed to GDP like most other countries. GNH treats economic production as just one small piece of overall human flourishing versus pure economic output.
There are various metrics that are taken into account, but the core philosophy is that balance, well being and sustainability equate to national success. What drove home the concept of balance was the fact that Bhutan has embraced digital innovation in integrating
@Binance pay into its financial infrastructure, yet this was juxtaposed with how every shop and restaurant still manually wrote down every single sale in a note book, which serves as their ledger.
Bhutan is balancing digital innovation, but safeguarding the traditions and the very foundations it is built upon. You look around and you see houses with traditional Bhutanese style window frames and exterior, but inside the house, it’s decked out with all the latest modern devices.
Looking through the lens of digital payments, this has undoubtedly had a positive impact on the way business is conducted there, it’s made business owners and every day people’s livelihoods better. It’s a value add facilitation, rather than existing at the cost of everything else, identity, character, tradition etc.
Perhaps they’ve come up with the winning formula to navigate a rapidly changing world, without having to compromise what’s important.
Once again, thank you
@cz_binance,
@ellazhang516 and the
@yzilabs team for hosting
@Easyresidence in Bhutan, it was definitely eye opening 🇧🇹🙏