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.
~snip~Addressing priorities is not something that many countries can be proud of, even those much richer than Pakistan. The floods raging in Texas these days show that even rich countries like the US do not allow their citizens to receive warnings in time, and that some areas cannot even receive warnings because they simply do not have a mobile signal. In addition, when a
smart guy reduces the number of people who are involved in weather forecasting, then you have such tragic events.
On the other hand, both countries invest huge money in a bunch of weapons, which only shows that ordinary people are not a priority for them.