Quote from: Lucius on July 05, 2025, 01:30:49 PM

I read that about 40 million people in Pakistan do not have electricity, which speaks for itself, and at the same time they have surplus electricity that they would spend on Bitcoin mining, the profit of which they would then spend on new weapons or something similar...

It's not that Pakistan is the only country that has such illogicalities, but it just goes to show that their problems (of any kind) will not go away until they change into a society where everyone should have the basic conditions to live a decent life. Then they wouldn't need the IMF and could do whatever they wanted with their electricity.

And even those who do have to deal with outages. Those who were richer, or expats, as I unfortunately was at one point, have access to generators. And those generators need diesel or LNG, which, again, the richer people don't have to line up for hours to get.

So much problems that Bitcoin mining really isn't going to solve, or even channel anything to the people who really need it.

Quote from: General_Bitcoin on July 05, 2025, 07:24:45 PM

I have to be agreed with you partially but still many good things are happening in Pakistan which are not highlighted by media due to conspiracy, but one thing is surely they are depended on IMF, and they can't go against them in many cases.
This project has never been going to be realistic because of involvement of too much electricity because its already have corrupt system and worst structure which is not giving things on merit.
Pakistan can stand alone without IMF and also capable of having enough sources which can allow them to do bitcoin mining but this needed strong system and many other changes which are not possible in quick way the best thing is crypto is still illegal tender in Pakistan after announcement by State Bank of Pakistan.

Ah yes, conspiracy. I lived there for years and people insisted I was a CIA agent. Even today it's all Pak army this and that. Or India this and that.

I won't pretend to know what works or what can change things but the solution has very little to do with Bitcoin or the IMF. As you say, there are systemic issues to fix first.