Alp on Nostr: To all Muslim scholars and financial product providers: The time that is now coming, ...
To all Muslim scholars and financial product providers: The time that is now coming, namely the time of introduction until the general acceptance of CBDCs, is your litmus test. It can be your phase of ascent or decline; it is up to you.
If you fail to steer your flock or customers onto a secure financial path, you have messed up. You will go down. No one will trust you anymore, as the credibility in your competence will be gone. You will disappear and be replaced by more competent players. Farewell.
However, if you start doing the right thing now - and I mean literally now, because you are already late, even if it hurts a bit (in terms of pride and due to the transition), then you are on the right path and have saved your skin. You will still be in the game for at least one more round, as you have survived.
If you fail to steer your flock or customers onto a secure financial path, you have messed up. You will go down. No one will trust you anymore, as the credibility in your competence will be gone. You will disappear and be replaced by more competent players. Farewell.
However, if you start doing the right thing now - and I mean literally now, because you are already late, even if it hurts a bit (in terms of pride and due to the transition), then you are on the right path and have saved your skin. You will still be in the game for at least one more round, as you have survived.