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Bhutan to Anchor National Digital ID on Ethereum by Early 2026

Bhutan to Anchor National Digital ID on Ethereum by Early 2026

Bhutan has integrated its National Digital Identity platform with the Ethereum blockchain, making the Himalayan kingdom the first country to anchor a live, population-scale identity system on a public network.

Personal Opinion

Great timing! Just days ago, Hargreaves Lansdown (a UK-based investment and financial services company) claimed crypto has “no intrinsic value.”. Meanwhile, Bhutan - a small sovereign nation - is anchoring its entire national digital identity system to Ethereum by early 2026. That’s nearly 800,000 citizens using a public blockchain to verify identity, access services, and sign documents securely.

When governments trust Ethereum to safeguard legal identity, the “no intrinsic value” narrative quickly collapses. Ethereum is an asset class and it’s secure infrastructure for digital sovereignty.


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Don't Buy Bitcoin, Warns UK Investment Giant Hargreaves Lansdown

Don't Buy Bitcoin, Warns UK Investment Giant Hargreaves Lansdown

In a warning issued on the Bristol, UK-based investment platform’s website, the company said that crypto in general “shouldn’t be relied upon to help clients meet their financial goals.”

Personal Opinion

This is an incredibly outdated point of view.

Bitcoin does have intrinsic value - not merely as a unit of exchange, but by virtue of the immutable chain created every time it moves. The blockchain is a living state machine, deterministically verifiable at any point in time. Its architecture offers transparency, security, and decentralization - qualities that traditional assets cannot replicate.

Hargreaves Lansdown’s stance is contradictory. They claim Bitcoin lacks intrinsic value and shouldn’t be used for wealth creation, yet they plan to offer British crypto ETNs to “qualified clients.” Qualified? Does that mean only those with exceptional wealth or intelligence are permitted to access innovation? This gatekeeping robs the average person of agency - the right to make independent, informed financial decisions.

Similarly, HMRC enforces a £20,000 annual cap on tax-efficient savings via ISAs. This limit is framed as protection, but it also caps potential gains. It’s a system that restricts opportunity for the many while preserving it for the few. If education is meant to empower, why are adults - graduates, professionals, taxpayers - told they cannot be trusted to hold too much Bitcoin?

These policies reflect protection at the cost of freedom and growth. Risk is not inherently bad - it’s the engine of innovation - and people should be free to embrace it. Financial agency should not be a privilege.


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