LynAlden on Nostr: Yes Saifedean and several others make that argument, and given my ties to the region ...
Yes Saifedean and several others make that argument, and given my ties to the region I remain aware of it.
I think if someone fully understands bitcoin and fiat currency from first principals and also has a Muslim perspective, they would view bitcoin as halal and fiat as haram. It’s theologically consistent view, but it takes time to go against prior knee-jerk anti-bitcoin teachings and gain adoption.
People I know in Egypt literally stuff paper US dollars under their mattress as primary savings here in 2024.
I think if someone fully understands bitcoin and fiat currency from first principals and also has a Muslim perspective, they would view bitcoin as halal and fiat as haram. It’s theologically consistent view, but it takes time to go against prior knee-jerk anti-bitcoin teachings and gain adoption.
People I know in Egypt literally stuff paper US dollars under their mattress as primary savings here in 2024.