Ph.D. in economics doesn’t equate to a multi-discipline grip over other matters. Better to acknowledge your limited understanding of the matter than claiming to be a master of the subject. He has particularly answered the question on web3.0, not on digital or cryptocurrency. Listen again. And in the last, he set out the policy guidelines that govt would not interfere in its development. This is how tech has evolved over the years. Plus, even IT experts are not agreed on one definition of such rapidly evolving fields. But yes, it’s Pakistan and you can claim to know this stuff & bash your minister after trading in Doge coins & Shiba.
He gave the perfect reply as a state representative over here. He passed the discussion to the state bank guy since they are more experts on Monetary things. Moreover, his reply is what we wanted that if you aren’t aware of something, we will not intervene over there. There are thousands of markets in different economies where the lawmakers have no clue about it, but they don’t interfere, unlike Pakistan.
This is the take of Uzair Younus, the guy who asked this question to Miftah.
But no, we love to twist videos because of our grudge. How can he understand when the web3.0 industry itself hasn’t figured out yet what they are. The main point is ‘as long as government stays away from them, they are fine. Appreciate this that at least we are realizing government shouldn’t intervene everywhere. He claimed he doesn’t know much and we should appreciate that. Unlike Mr. Know-it-All the Imran Khan.
