So, Pakistan’s got a problem: too much electricity and not enough cash. 🤷♀️ Instead of letting all that extra power go to waste (or, you know, powering a million toasters), they’re like, “Hey, let’s build some crypto and AI hubs!” Because nothing says “future-proof economy” like mining Bitcoin in your spare time. 🚀
Enter Bilal Bin Saqib, the head of the Pakistan Crypto Council and advisor to the finance minister. He’s not just here to mine coins; he’s here to build the digital economy’s backbone. Or, as he puts it, “We’re done watching from the sidelines. It’s time to lead.” 🎤💥 (Cue dramatic music.)
Crypto Council: Because Someone Had to Do It
The government recently launched the Crypto Council, because apparently, they needed a fancy group to figure out how to turn electricity into money. 🧠💡 They’re already chatting with mining companies, who’ll set up shop in areas with consistent energy surpluses. Translation: places where the lights are always on, but no one’s home. 🏠💡
Saqib’s looking to the U.S. under President Trump as a model. Because if there’s one thing Trump’s good at, it’s making money (and headlines). Pakistan’s like, “We’ll take the crypto-friendly policies, but maybe skip the tweets.” 🇺🇸➡️🇵🇰
One key part of the strategy? “Regulatory sandboxes.” No, not the kind you played in as a kid. These are test zones where startups can experiment with blockchain without getting slapped with heavy restrictions. It’s like a playground for tech nerds, but with less sand and more servers. 🖥️🎢
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2025-04-10 13:23