Hello Hive Learners Community! Welcome to my blog. After joining Hive Platform, I always feel that I belong to a Crypto World. Hive$ is my all time best coin, it is due to its fastest transaction and no transaction fee. Moreover, my content on Hive Blockchain is also a source for accumulation of Hive Token Rewards. Like other People from different countries, I 'm enjoying this platform a lot. I want to promote my hive activities openly on electronic media but our government is hindrance in this task. There are some state policies and laws, we have to follow for living a peaceful life in our homeland. Although crypto is not banned in Pakistan but we didn't have permission to talk about Crypto in corner meetings or on Social media.
Problems faced by Freelancers
About 80% students and 60% Pakistani Common people are freelancers. Unemployment is a big motivation for Pakistani people to learn freelancing skills. In this way, they are earning some bucks in the form of crypto that is a handsome wage for fulfilling demands helping in a comfortable life. There is a gap between Freelancers and Crypto that should be filled by our government.
Freelancers didn't have any decentralized exchange platform. Like me, they didn't have other options but using centralized platforms. These Centralized exchanges use KYC for exchanging crypto in Local Fiat. For this exchange, they charged exchange fee from their customers. I 'm using P2P exchange option for exchanging crypto with fiat. It is risky as well as someone can use my personal details for other purposes.
Government and Crypto
When crypto is not banned and most of the students are crypto traders, then government should stepped in positively. It can bridge the exchange gap between freelancer and crypto. Moreover, if a government introduces a decentralized exchange platform then it can enjoy the charge fee deducted during the exchange of crypto into fiat and fiat into crypto. This idea can generate a handsome revenue in many states. The tax collected in this form will be helpful for bringing latest crypto technology for freelancers. Moreover, this tax can be used in the development of country.
The long wait for Cryptocurrency Regulations should end now. It is 2024 and already we are lagging in digital currency. I 'm hopeful that our government should take digital currency seriously. Already, there are people who are working day and night with Stock Holders in Crypto Regulations. When crypto regulations finished in Pakistan, I 'm hopeful rate of unemployment will decrease because all graduated freelancer will work openly and train new generation with their skills. The fears about Punishment in case of crypto promotion will disappear after Crypto Regulations.
Conclusion
2024 will be the year of crypto regulation in Pakistan. The long wait should over now. I shall appreciate my all young Freelancers who are working hard although there is no good support from our Government. Moreover, I 'm hopeful these freelancers will win the case of Crypto Regulations in Pakistan. Government should accept, no one can stop the bright future of crypto in Pakistan. Although there are restrictions on Cryptocurrency but our public is interested in digital currency and crypto.
This is my entry for HL Weekly Featured Content Looking Forward. I hope, you will enjoy my post. Thanks!
