Amrush on Nostr: I haven't read the book, and I'm absolutely new to Islamic finance, so excuse me if I ...
I haven't read the book, and I'm absolutely new to Islamic finance, so excuse me if I err. My interest has originated because of the Zakat issue that Bitcoin has created for me. Alhamdulillah.
I think that Shaikh Al-Qaradawi's opinion about money being the remit if the state, particularly if it is the only stopgap to avoid chaos, has been nullified by central banking. If there are other reasons, I cannot speak for it.
If anything, as bitcoiners, you and I think that BTC is more stable on the long run. A 100 years of central banking only gave us the illusion of stability.
As for monetary justice, people are starting to perk up. The inflationary pressure that people are feeling will eventually lead to questions.
Again, fiat money is Riba. Allah has declared war on user's of Riba. It will end no matter what. And people will be freed from this monetary injustice. The question is: are we in a position to offer a suitable global replacement? BTC in its current state is still ways away.
I think that Shaikh Al-Qaradawi's opinion about money being the remit if the state, particularly if it is the only stopgap to avoid chaos, has been nullified by central banking. If there are other reasons, I cannot speak for it.
If anything, as bitcoiners, you and I think that BTC is more stable on the long run. A 100 years of central banking only gave us the illusion of stability.
As for monetary justice, people are starting to perk up. The inflationary pressure that people are feeling will eventually lead to questions.
Again, fiat money is Riba. Allah has declared war on user's of Riba. It will end no matter what. And people will be freed from this monetary injustice. The question is: are we in a position to offer a suitable global replacement? BTC in its current state is still ways away.