Topic: [2017-01-19] Pakistan Set to Become a Major Bitcoin Hub (Read 473 times)
It all depends on what stance the government takes. Pakistan may have a large internet savvy population, high remittances and high inflation - factors which could fuel Bitcoin adoption. But if the government takes an anti-Bitcoin stance, it could become very difficult.
Well, generally speaking highly-populated countries become bitcoin hubs with time... Phillipines, India, China etc.
Plus the fact that Asia is a freelance hub - no doubt PayPal, Skrill, bitcoins and the likes will be highly sought after.
Plus the fact that Asia is a freelance hub - no doubt PayPal, Skrill, bitcoins and the likes will be highly sought after.
It's really a good thing that thanks to Bitcoin Pakistani freelancers can now easily be paid for their work. Btw I didn't know before reading the article that Pakistan is ranked 3rd on freelance websites.
If this happens then it will be good for bitcoin community but at this moment, I don't think that it would be possible. It will take long time for pakistan; on other hand China and India are already established as a major market for Bitcoins.
Pakistan is known for competing and fighting with India over everything - there is even India vs. Pakistani cricket rivalry going on.
I bet Pakistani people realized that Indians are investing hard in bitcoin so the only natural response would be following their steps.
I am glad that their animosity will be reforged into something good - progress of bitcoin adoption.
I bet Pakistani people realized that Indians are investing hard in bitcoin so the only natural response would be following their steps.
I am glad that their animosity will be reforged into something good - progress of bitcoin adoption.
Would be positive if that's the opinion of the country itself not just few investors, China looked like the new bitcoin hub before until it discouraged - if not disallowed - purchase of digital money before "that seems to have changed again".
Anyhow lets keep this one under observation.
Anyhow lets keep this one under observation.
Pakistan Set to Become a Major Bitcoin Hub
Pakistan is currently the seventh most populous country in the world with approximately 202 million residents. Today, the country exhibits many traits ripe for accelerated bitcoin adoption. Bitcoin.com discussed bitcoin trends in Pakistan with Danyal Manzar, the co-founder of Pakistan’s first and largest bitcoin trading platform, Urdubit.
https://news.bitcoin.com/pakistan-set-to-become-a-major-bitcoin-hub
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