TRUMP SUGGESTS HIS GOVERNMENT COULD PAY OFF ITS $35 TRILLION NATIONAL DEBT WITH BITCOIN. PAKISTANI CRYPTO EXPERT AND HIGH LEVERAGE TRADER WAQAR ZAKA COULD INSPIRE PAKISTANIS.

  • 30 Nov - 06 Dec, 2024
  • Mag The Weekly
  • VIEWPOINT

U.S. President Donald Trump emphasised the importance of the U.S. leading in cryptocurrency, suggesting that the government could pay off its $35 trillion national debt with bitcoin. He described crypto as “a different form of currency” that is already “prominent” and “massive,” stating that “it’s going to end up benefiting the country.

Waqar Zaka, a prominent Pakistani social media influencer and activist, has played a significant role in promoting cryptocurrency in Pakistan through advocacy, education, and legal efforts. Here are the key efforts he has undertaken:

In the evolving world of cryptocurrency, Waqar Zaka has emerged as a trailblazer in high-frequency leverage trading. Known for his ability to transform $100 into $1,000 in a single day, Zaka has been a dominant force in the crypto trading landscape since 2016. With live streams on Instagram and YouTube, Zaka has built a reputation for transparency, showcasing over 50 trades daily and educating his audience for free.

A pioneer in leveraging cryptocurrency for financial growth, Zaka first highlighted the potential of Bitcoin in 2016, when its value hovered around $268. Since then, he has remained at the forefront of crypto trading, mastering leverage trading during Bitcoin’s 2017 bull run. Despite occasional setbacks, such as the infamous market crash on May 19, 2021 – where over 100 traders lost significant amounts due to a technical failure on Binance – Zaka’s consistent success has set him apart.

In an unprecedented move, Zaka and other affected traders took legal action against Binance in Hong Kong’s alternative dispute court through the New York-based firm LitiCapital, showcasing his commitment to accountability and investor protection. While he incurred a $1.1 million loss during that crash, Zaka’s resilience has been unparalleled. His track record over the past seven years has been overwhelmingly positive, with most of his trades resulting in profits.

Dubbed the “Godzilla of Trading,” Waqar Zaka’s social media platforms offer a front-row seat to his live trading sessions, providing his audience with insights into high-stakes crypto trading. His ability to double investments within minutes has made his methods a sensation, especially among Pakistani traders. The comments on his YouTube and Instagram streams reflect admiration and appreciation for his expertise and willingness to share his strategies without charge.

As a visionary, Zaka is also recognised for his advocacy of blockchain technology in Pakistan. From filing proposals for cryptocurrency legalisation to offering guidance on digital assets, he has been instrumental in shaping the country’s approach to fintech.

Waqar Zaka’s rise to prominence underscores the transformative potential of cryptocurrency and the growing significance of high-frequency trading. As global interest in crypto continues to surge, figures like Zaka stand out for their innovation, resilience, and dedication to educating the public on navigating the complex crypto landscape.

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