Pakistan Bets Big on Bitcoin: 2000MW of Power and a National Crypto Reserve
In a move that’s either visionary or wildly optimistic, Pakistan just threw its hat into the crypto ring—hard. The government announced plans to carve out a Bitcoin strategic reserve while allocating a staggering 2000 megawatts of energy exclusively for mining operations. That’s enough juice to power a small city—or a very large gamble on digital assets.
Power play or power waste? Critics are already sharpening their knives, questioning whether this is a strategic masterstroke or just another case of governments chasing shiny objects while traditional economies smolder. After all, when has pouring taxpayer resources into volatile assets ever backfired?
One thing’s clear: Pakistan isn’t dipping a toe in the crypto waters—it’s cannonballing in. Whether that makes waves or just a loud splash remains to be seen.