Bitcoin Forum

Pakistan (https://coinpedia.org/news/pakistan-urge-cryptos-economic-crisis/) is currently facing the political instability and looming its economy. Many Pakistani’s are now considering cryptocurrency in order to reduce the economic inflation.

Cryptocurrency enables nation to trade independently defying the biased rules of IMF and World Bank. IMF and World Bank are making poor poorer and filling their own pockets. We need every nation to shift towards cryptocurrency to have a real open and free trade.

Not only Pakistan but also a lots of countries are now wanting to utilize cryptocurrency. It is a very good sign for the crypto world. The more people come here, more investments will be done.

many countries of the world now facing a big economical crisis and Pakistan is one of them,  they are having a very unstable political situation so some of the people of that country are involving with cryptocurrency so that they can reduce this issues

It is nice to hear that even pakistan also want to adapt to Cryptocurrency, Hope never PM Imran khan has a vision to move Pakistan to the modernity, However, I have no idea how Cryptocurrency reduce inflation? can you please explain it? educational purpose.

Now Pakistan is going through a financial crisis. Political unrest is also prevailing here. Through this, people are moving towards crypto for economic independence. I think they will do well in the crypto To benefit himself. This will expand the crypto market.

There many Asian country facing the same problem with cryptocurrency. But they can solve it easily if they want and that should open their bright future with cryptocurrency.

The more and more countries bucking the central bank installed in their countries the better.  Once we shed these central banks which charge us to use our countries own money we can then grab a bit of our freedom back. 

Perhaps in the lagging countries, where the economy is in decline, the crypto currency will be popular.

The people of Pakistan are heading towards Crypt to help themselves financially. It will do something good for them. Crypto is now the most popular, secure and profitable online business platform. It's a good sign for cryptos.

Thanks for the news. I think as Pakistan is facing some tough times with their current economical environment. Crypto currency can help to reduce the crisis by embracing it in a positive way.

It’s a good news for cryptocurrency. I think if Pakistan accept this market then other sub continent countries are also accept this market. I also believe if any countries peoples are trade with this market then they will change their countries economic condition in a positive way.

It will be very interesting to observe this country in the process of taking a crypto currency, but I'm not sure that they will be able to do it in the near future, too many problems. I think the main thing: 90% of the inhabitants of this country have never heard about bitcoin and do not know how to safely use them so that their funds can not be stolen.

Actually this is really great news for crypto market also for Pakistan I think their govt. take such a good decisions and this will helpful for their economy also this market is decentralize system which is beneficial to them.

As trust in government and institutions decreases , more persons will see the need to adopt the use of cryptos. it certainly is a good thing for Pakistanis

Cryptocurrency has made a huge number of people financially independent. Thus, cryptocurrency has always been a escape under situations ike this. Plus, till now such financial inflation situations have always helped to grow cryptocurrency, so it's actually a good opportunity for cryptocurrency to grow in Pakistan.

An expansion of support for Bitcoin is always good news and I do think if Pakistan is to adopt BTC then this will be mutually beneficial.

This is more of a testament that Bitcoin is not only here to stay but it will be a part of our everyday lives soon.  I'm talking for everyone not just us enthusiasts.  Great job by Pakistan.  They took one step to freeing themselves from the shackles of the world fiat system. 

From my point of view it a very good decision. The election was held few day age the political situation is now that much stable it will affect the economy. I think crypto currency is the best option to balance the economy.

There government made a huge error in deterring crypto tradings earlier this year. So many nations facing economic crisis similar to Pakistan have turned to cryptocurrencies, and thats fantastic news.

It will be wise decision for Pakistani. As the political situation is not stable due to election so many people though about inflation. I think only crypto can balance this situation. I think it a wise decision to invest crypto.

Not only in pakistan i think cryptocurreny should enable whole over the world. I am sure after enable this there will be a great change in world currency. As this is a open and free trade third person cann't involve on this. This make a nations currency one step ahed.

Only cryptocurrency will break geo-economic barriers and bring about balanced prosperity around the world.  Many more economically backward nations will some get this fact and join the crypto train.

It’s great for the cryptocurrency market. We need the whole world to shift in cryptocurrencies. They can have the real open and free trade.

then what will happen to the country for the time being that crypto currency is in very good condition, and may have to endure long-term or persist in current problems.

Not only Pakistan, many nation like them are in economical inflation. They also should shift in cryptocurrencie.

Feeling happy to know about cryptocurrencies growth. Like Pakistani and other south asian people are involving in this cryptoindustries for its growing aspects. 

Because the crypto has been using the dollar as the main pegged value and it will give a lot of advantage for them all to use crypto to decrease the inflation.  pakistan has been getting a lot of damaga caused by the conflict. I guess that's the only way to create the more stability to their country. This looks very similar to the venezuela and this time the majority of people in venezuela are using crypto.

I realized that cryptocurrency really helps the economy of people including myself and I think this is one of the good news that cryptocurrency is now being used by many people.  :)

Regardless of the reason for joining the cryptocurrency, I think it is affirmation of the cryptocurrency.
When you see the value of the cryptocurrency, you will choose to invest in the cryptocurrency.
It can solve the financial crisis and make the country profitable.

Investing in cryptoindustries is more profitable than fiat and I think that's why people are being interested to invest in crypto. I wish investors of Pakistan will be benefited from this huge industries.

Crypto space, an open platform to trade your currency freely without any centralization and corruption. It is with the help of Blockchain theory clear and open to everyone. Pakistan is coming forward and many other countries will do feeling their need to come over from corruption.

Cryptocurrencies are helping a lot of countries to fight economics disaster like inflation. Lately, Venezuela, Senegal came up with their own cryptocurrency that will be able to help them fight inflation. If Pakistan government step in to make people's lives easier then they should definitely give cryptos a try. It will be able to correct the flaws of their economy on a long term basis.

No doubt this is great news, though I wonder what this reflects for the rest of the world, whether it would make it less attractive for the more developed countries to embrace crypto given that most countries with unstable gov. are in favour of it?

Pakistan is on borderline with China and they must have take some influence from there about crypto currencies. I think it will be too much helpful for them to start trading and investment in crypto currencies, it can really rise their economy and hopefully will solve their financial crises, In fact crypto currencies have already solved financial problems of most of the individuals as well as of their countries.