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Author Topic: Pakistan to Urge Towards Cryptocurrency Due to Economic Crisis  (Read 166 times)
rosyantony (OP)
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July 27, 2018, 12:56:43 PM
 #1

Pakistan is currently facing the political instability and looming its economy. Many Pakistani’s are now considering cryptocurrency in order to reduce the economic inflation.
Yudhisthir
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July 27, 2018, 01:00:13 PM
 #2

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.

bman01
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July 30, 2018, 04:12:49 PM
 #3

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.
Beity
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July 30, 2018, 05:02:43 PM
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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
anushkasachith888
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July 30, 2018, 05:15:26 PM
 #5

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.

Outeriesself
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July 30, 2018, 05:22:40 PM
 #6

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.
ShakingCoin
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July 30, 2018, 05:37:45 PM
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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.
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July 30, 2018, 05:39:59 PM
 #8

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. 

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July 30, 2018, 05:43:46 PM
 #9

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

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July 30, 2018, 05:44:20 PM
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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.
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July 30, 2018, 05:52:39 PM
 #11

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.
CrashGangster
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July 30, 2018, 07:26:55 PM
 #12

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.
IgorShumilo
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July 30, 2018, 07:57:17 PM
 #13

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.
Champeon
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July 30, 2018, 08:51:55 PM
 #14

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.
atorle
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July 30, 2018, 08:59:42 PM
 #15

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
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July 30, 2018, 09:17:57 PM
 #16

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.
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July 30, 2018, 09:37:26 PM
 #17

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.

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July 30, 2018, 10:12:00 PM
 #18

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. 

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July 31, 2018, 09:12:26 AM
 #19

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.
so98nn
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July 31, 2018, 09:25:08 AM
 #20

Pakistan is currently facing the political instability and looming its economy. Many Pakistani’s are now considering cryptocurrency in order to reduce the economic inflation.


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.
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