Following Finance Minister Miftah Ismail‘s admission that he was unaware of the third generation internet, Pakistan Tehreek e Insaf (PTI) leader Zulfikar Bukhari offered free consultation and coaching on Web 3.0 on Sunday.
This was Miftah’s response to a question before the Atlantic Council, an American think organization specializing in international affairs.
“We’ll give you free consultancy services & coaching on Web 3.0 Miftah, but please don’t embarrass Pakistan like that next time,” Zulfi Bukhari said in a tweet quoting video of the Atlantic Council.
Miftah is asked about the rise of Web 3.0, which the questioner believes will be a $100 billion dollar export opportunity for Pakistani talent in the next 20 years, in a video that has gone viral on social media.
He also inquired what he felt about providing new economic prospects for Pakistanis, citing the potential of digital currency.
Miftah blatantly and “shamelessly”, as described by some Twitteratis, said, “Let me just confess that I really don’t know what Web3.0 is.
“… I don’t really know so much about this, but I know that the fintech and new technology companies in Pakistan have attracted a lot of money last year and from a very low base.
We want to have them flourish as much as we can. I don’t really know much that we can do to help them. I know a lot we can do to harm them. So I think as long as the government stays away from them that would help them.
“But there is a tendency in Pakistan. I will let them be there and let them play their own game and hopefully they will rise and keep the government away from them. That’s my short answer. But I am really not that educated on the fintech.”
To read our blog on “Abhi, a Pakistani Fintech startup raises funds at a valuation of $90 million,” click here.
