Saturday, January 17, 2026

Brief History of Hunza and Hunzukutz

 The story of Hunza is a narrative of a kingdom that remained largely "frozen in time" due to its isolation within the Karakoram Range. For nearly a millennium, it functioned as an independent principality, developing a culture that is both distinct and resilient.

1. Origins and Myth

The people of Hunza, known as Hunzukuts (or Burusho), possess a lineage shrouded in legend.

 * The Alexander Legend: Local lore famously claims they are descendants of five soldiers from Alexander the Great’s army who settled in the valley with their Persian wives around 327 BC. While DNA evidence suggests a more complex mix of Central Asian and indigenous ancestry, the "Macedonian" identity remains a proud part of their cultural narrative.

 * Linguistic Mystery: They speak Burushaski, a "language isolate" that has no proven relationship to any other language family in the world, reinforcing the theory that they are an ancient, indigenous group that predates the Indo-Aryan migrations.

2. The Era of the Mirs (900 Years of Rule)

Hunza was ruled for over nine centuries by a hereditary dynasty known as the Mirs (or Thams).

 * The Ayashkutz Dynasty: The ruling family, the Ayasho, claimed "sky-born" or divine origin. Their seat of power was the Baltit Fort, a 700-year-old architectural marvel inspired by Tibetan styles (similar to the Potala Palace in Lhasa).

 * A Warrior State: Historically, Hunza was not just a peaceful valley; it was a strategic "gatekeeper" of the Silk Road. The Hunzukuts were known as formidable warriors who frequently raided caravans traveling between China and the Indian subcontinent.

 * The Great Game: In 1891, Hunza became a focal point of the "Great Game" between the British and Russian Empires. The British eventually captured the valley after the Hunza-Nagar Campaign, though they allowed the Mirs to retain internal autonomy.

3. Transition to Modernity

Hunza’s political status remained unique well into the 20th century.

 * Accession to Pakistan: In 1947, the Mir of Hunza, Mohammad Jamal Khan, opted to join Pakistan in line with the advice of Sir Sultan Muhammad Shah, the 48th Ismaili Imam.

Promotion of educational pursuits through Diamond Jubilee Schools introduced in 1946. There was only one primary school in Baltit established by the British in 1913.


Diamond Jubilee Middle School Baltit

* Dissolution (1974): The princely state was finally dissolved in 1974 by Prime Minister Zulfikar Ali Bhutto through a unilateral action, against the promises of GOP made in 1950 with the Hunza delegation invited to Karachi by then Government of Pakistan, integrating the region fully into what is now Gilgit-Baltistan.

4. Civilization and "The Hunza Way"

The Hunzukuts are globally famous for their longevity and high literacy rates, which are among the highest in Pakistan.

 * Social Structure: Most Hunzukuts are Ismaili Muslims, followers of the Aga Khan. This has led to a progressive society with a strong emphasis on gender equality, education, and community service. AKDN institutions have remained primary contributes to this aspect.

 * Sustainable Agriculture: For centuries, they survived on a specialized diet of apricots, grains, and glacier-fed crops. Their intricate irrigation system, carving channels through solid rock to bring water from glaciers (the Ultar glacier), is considered a masterpiece of indigenous engineering.

 * Festivals: Their civilization is punctuated by seasonal festivals like Ginani (harvest) and Nowruz, reflecting a blend of Central Asian, Persian, and Shina influences, Bofau festivities influenced by Balti culture.


Thursday, January 15, 2026

What is a bitcoin

Bitcoin is a decentralized digital currency—often described as "digital gold." Unlike traditional money (like the US Dollar), it isn't controlled by any government or bank. Instead, it runs on a global network of computers using a technology called blockchain.

As of January 15, 2026, Bitcoin is currently trading around $96,000 to $97,000, showing a strong recovery after a volatile end to 2025.

How Bitcoin Works

* Decentralization: No single entity "owns" the network. It is maintained by a community of "miners" who use powerful hardware to verify transactions.

* Fixed Supply: There will only ever be 21 million bitcoins. This scarcity is one reason many people view it as a hedge against inflation.

* Blockchain: Every transaction is recorded on a public ledger that anyone can see, but no one can alter. This makes it highly secure and transparent.

How to Invest (Step-by-Step)

If you are looking to get started today, the process is now more regulated and accessible than in previous years.

1. Choose a Platform

* Crypto Exchanges: Most people use apps like Coinbase, Kraken, or Binance. These allow you to buy Bitcoin with your local currency.

* Traditional Brokers: Many standard apps (like Robinhood or Fidelity) now offer Bitcoin trading alongside stocks.

* Bitcoin ETFs: If you don't want to "own" the digital coins yourself, you can buy a Bitcoin Exchange-Traded Fund (ETF) through a standard retirement or brokerage account.

2. Set Up and Verify

You will need to go through a "Know Your Customer" (KYC) process. This usually involves:

* Linking your bank account.

* Uploading a photo of your ID (driver's license or passport).

3. Decide on a Strategy

* Lump Sum: Buying a set amount all at once.

* Dollar-Cost Averaging (DCA): Setting up a recurring purchase (e.g., $50 every week). This "Crypto SIP" (Systematic Investment Plan) approach is popular because it reduces the impact of price swings.

4. Secure Your Investment

* On-Exchange: Easiest for beginners. The exchange holds your Bitcoin for you.

* Private Wallet: For long-term "HODLing" (holding), many investors move their coins to a physical device called a "Hardware Wallet" (like a Ledger or Trezor) to keep them offline and safe from hackers.

⚠️ A Note on Risk

Bitcoin is famously volatile. In 2025 alone, it saw swings from $125,000 down to $82,000. Financial experts often recommend keeping crypto to a small percentage (e.g., 2%–5%) of your total investment portfolio.

In Pakistan, the cryptocurrency landscape has evolved significantly recently. While the State Bank of Pakistan (SBP) has historically been cautious, the government introduced the Virtual Assets Ordinance in late 2025 to create a more structured regulatory framework.

Here are the top-rated platforms for users in Pakistan and the most common ways to invest as of January 2026.

🏆 Top Exchanges for Pakistan (2026)

Most Pakistani investors use international exchanges that support P2P (Peer-to-Peer) trading, which allows you to buy Bitcoin using local bank transfers, Easypaisa, or JazzCash.

| Exchange | Best For | Popular Payment Methods |

| Binance | Overall Best / High Liquidity | Bank Transfer, Raast, Easypaisa, SadaPay |

| Bybit | P2P Trading & Low Fees | NayaPay, Bank Transfer, JazzCash |

| OKX | Advanced Features & Security | Local Bank Transfer, P2P |

| Bitget | Copy Trading (Follow Experts) | P2P, PKR Support |

| KuCoin | Finding New Coins (Altcoins) | P2P, External Wallets |

🛠️ How to Buy Bitcoin in Pakistan (Step-by-Step)

Since direct bank-to-exchange deposits are often restricted by local banks, the P2P Market is the standard method.

* Register & Verify: Download the Binance or Bybit app. You must complete "Identity Verification" (KYC) using your CNIC or Passport.

* Go to P2P Trading: In the app, select "P2P Trading." Set your currency to PKR.

* Select a Seller: Look for a "Verified Merchant" with a high completion rate (95%+). You will buy USDT (a digital dollar) first, as it’s the easiest bridge to Bitcoin.

* Transfer Funds: The app will show the seller’s bank account or Easypaisa details. Transfer the PKR from your bank app, then click "Transferred, Notify Seller" on the crypto app.

* Convert to Bitcoin: Once the USDT is in your wallet, go to the "Trade" or "Convert" section and swap your USDT for BTC (Bitcoin).

⚖️ Legal & Security Tips

* Regulatory Shift: The new Pakistan Virtual Asset Regulatory Authority (PVARA) is now the primary body overseeing the sector. It is always wise to keep your primary savings in a bank and only invest "risk capital" into crypto.

* Avoid Scams: Never share your password or "Seed Phrase" with anyone. No legitimate exchange support will ever ask for them.

* Use Raast/SadaPay: These digital platforms are often smoother for P2P transfers than traditional high-street banks.