The Rise of Waqar Zaka
Waqar Zaka, a reality TV star and influencer, found himself in a tight spot when YouTube was banned in Pakistan. As millions turned to other platforms for expression, Zaka made a bold leap into the world of cryptocurrencies, particularly Bitcoin, through an AI-driven educational platform called Bitlanders.
Turning Adversity into Opportunity
Zaka admitted during his interview that his financial success with YouTube paled in comparison to his impressive gains in Bitcoin. Despite skepticism from friends and foes alike regarding the legitimacy of his newfound wealth, he was determined to pave a path towards crypto education for his fellow Pakistanis. “If I could do it, so can they!” he seemed to say with his actions.
Fighting Against the System
Back in 2017, when the dreaded ban on Bitcoin was enacted by the technology-averse Pakistani government, many would have thrown in the towel. Zaka, however, was not one to back down. He took a bold stand against the government, filing a petition and actually winning, a feat not many expected. As he championed the rise of crypto, he became a vocal critic of any unconstitutional repression.
Innovative Ventures and Challenges
His boldness didn’t stop there. Zaka’s ambitions to bring crypto to the forefront of Pakistan’s economy led him to establish the first hydropower-based crypto mining farm in the country! This venture, although short-lived, showed that Zaka was willing to put his money where his mouth is, literally. When Bitcoin was trading at a humble price of $5,000, he even challenged the government to invest a mere 1% of its budget in Bitcoin, offering his property as collateral. Talk about putting your skin in the game!
A Changing Narrative Around Crypto in Pakistan
Zaka’s struggles and victories started to shift the narrative around cryptocurrency in Pakistan, transforming it from a taboo topic into a hot conversation. In a recent development, President Arif Alvi echoed similar sentiments about the importance of training in blockchain technology and cybersecurity, endorsing Zaka’s vision of a crypto-empowered future.
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