Pakistan’s Double Game: Islamic Rhetoric, Western Deals, and the Crypto Gamble
Paromita Das
New Delhi, 24th June: In the volatile chessboard of South Asian geopolitics, Pakistan is once again playing a familiar dual role—parroting Islamic solidarity for public consumption while cutting deals with Western powers behind closed doors. Recent developments involving Field Marshal Asim Munir’s high-profile U.S. visit and Islamabad’s burgeoning interest in cryptocurrency and AI infrastructure mark a strategic shift that mimics Turkey’s Erdogan-style playbook: rhetoric for the street, deals for survival.
Munir’s U.S. Tour: More Than Symbolism
When Pakistan’s top military leader, General Asim Munir, was spotted at the White House in a closed-door meeting with former U.S. President Donald Trump—while the world was gripped by the Iran-Israel crisis—it signaled more than mere diplomacy. Coming off a controversial speech in Washington where Munir was booed by expatriates, his appearance alongside U.S. CENTCOM officials was a clear sign of Pakistan’s renewed alignment with American strategic interests.
The optics are reminiscent of the 1980s when U.S. President Ronald Reagan met with Afghan Mujahideen leaders—then backed by Pakistan. Now, with rising tensions in the Middle East and whispers of regime change in Iran, speculation is mounting: Is Pakistan being positioned as a proxy player once again, this time to help dismantle Iran’s nuclear ambitions and influence?
Islamic Solidarity or Strategic Smokescreen?
Back home, Pakistani politicians—many of whom are de facto spokespersons for the military—have been trumpeting Islamic solidarity with Iran. From Shehbaz Sharif to Bilawal Bhutto Zardari, the chorus has been loud and theatrical. But while the press is filled with statements pledging unwavering support for Iran, the reality is starkly different.
Iranian officials, buoyed by Pakistan’s words, mistakenly believed that Islamabad would provide military assistance or logistical support in the event of a confrontation with Israel. That illusion was short-lived. Pakistan quickly denied any such intentions, signaling its real loyalty lies not in Tehran, but in Washington.
The Digital Pivot: Pakistan’s Crypto Experiment
Away from the geopolitical theatre, Pakistan is undergoing a silent but significant transformation in its economic strategy. At the heart of this pivot is cryptocurrency, blockchain technology, and AI infrastructure. And once again, General Munir is at the center of the storm.
Enter Bilal Bin Saqib, a London School of Economics graduate and now the crypto czar of Pakistan. Appointed as special advisor to the Prime Minister, Saqib is a close confidant of Munir and is spearheading the Pakistan Crypto Council, an initiative that seeks to reposition Pakistan as a hub for digital assets, mining, and blockchain innovation.
His latest pitch? Repurpose three underutilized coal-powered plants to host Bitcoin mining and AI operations. At a Las Vegas event attended by Eric Trump and JD Vance, Saqib laid out an ambitious roadmap to turn Pakistan’s surplus energy—caused by failing industries—into a source of foreign exchange and technological relevance.
This also includes launching a national Bitcoin wallet to hold seized digital assets as sovereign reserves, echoing models seen in Texas and El Salvador.
A Gamble with Faith and Finance
Yet, Pakistan’s leap into the crypto world is not without backlash. The Islamic clergy has vehemently opposed digital currencies, branding them tools of Zionist conspiracies and equating them with gambling. In a country where fatwas still shape public opinion, this resistance is significant.
Despite these theological warnings, the military and political elite are charging forward, seemingly immune to religious scrutiny when financial survival is at stake. After all, Pakistan’s external debt is ballooning, and the IMF, China, and the U.S. all have strings attached. With youth unemployment high and inflation rampant, crypto offers a glimmer—however risky—of economic rejuvenation.
Tactical Brilliance or Existential Risk?
There’s no denying that Pakistan’s strategy is clever, if not entirely honest. By posturing as a guardian of Islamic causes, it soothes domestic outrage. Simultaneously, by positioning itself as a vital cog in the West’s Middle East plans and an emerging digital hub, it secures lifelines of aid and investment.
However, this double-edged strategy carries risks. Aligning with the U.S. in a potential campaign against Iran could alienate domestic Islamic hardliners, incite sectarian unrest, and inflame radical elements. On the economic front, betting on cryptocurrencies in a volatile market without deep-rooted infrastructure or legal frameworks could turn into another national crisis.
The Cost of Duplicitous Diplomacy
Pakistan’s latest maneuvers represent a complex fusion of military diplomacy, religious posturing, and digital ambition. By copying Erdogan’s playbook, Islamabad hopes to balance populist rhetoric with pragmatic deals—but history shows that such balancing acts rarely end well.
Whether it’s using religion to veil geopolitical ambition or deploying crypto to patch economic wounds, Pakistan’s ruling elite are walking a tightrope. Their bet on Western goodwill and technological innovation may temporarily stave off collapse, but without genuine reform and transparency, the model may prove unsustainable.
In the end, a nation cannot prosper through performance alone—not when its actors wear different masks for every stage.
