Pakistan's remarkable journey towards cryptocurrency adoption

Globally, an increasing number of people are using cryptocurrency for a hose of operational, investment, and transactional purposes.

While some appreciate its capabilities of enabling simple, real-time, and secure money transfers, others are attracted to its user autonomy and pseudonymous transactions. Many have turned to crypto for international transactions because crypto payments have low transaction fees for international payments.

Pakistan, a country where progress has often been impeded by unprecedented bans, was recently seen to be trending in the realm of cryptocurrency. From being in the news for banning PUBG, TIKTOK, and even 3D printers to the Federal Investigation

Authorities arresting anyone who held bitcoins, Pakistan has witnessed an incredibly thrilling journey towards leading change by stepping on the cryptocurrency adoption bandwagon.

Considering that developing countries like Pakistan are seemingly less techsavvy than most developed nations, how did a country like Pakistan manage to achieve this accolade?

While many influencers and media personalities in Pakistan were focused on promoting their own products or content that helped them earn money, Waqar Zaka used his influence to get relief for his beloved country.

Following his departure from the show in 2014, the reality show host began publicly promoting Bitcoins by talking about a social media platform, Bit Landers. With the lavish lifestyle he was living, it was inevitable that his Bitcoin profits were skyrocketing.

Meanwhile, Zaka earned worldwide recognition for saving refugees from Burmese and Syrian war zones and assisting them with earning income via crypto currency.

In 2018, Waqar Zaka became one of the first Pakistanis to speak at Blockchain Economic Forum, one of the biggest cryptocurrency and blockchain events held in San Francisco. In addition to expanding Pakistan's visibility among experts, he highlighted the necessity of optimising social media for cryptocurrency promotions and initial coin offerings.

Similarly, another leading platform Blockchain Innovation Conference 2018, applauded his efforts in utilising crypto mining to help refugees.