MBitcoiner on Nostr: Check out our new blog post on Bitcoin Majlis titled "Islamic Attempts to Bring Back ...
Check out our new blog post on Bitcoin Majlis titled "Islamic Attempts to Bring Back the Gold Standard":
https://bitcoinmajlis.org/islamic-attempts-to-bring-back-the-gold-standard/
Many fiat Muslims will assert that we need to go back to using gold and silver, and that there's no need for Bitcoin. We wrote this essay to demonstrate that politically powerful Muslims have already tried to revive the gold standard, and they've all failed.
If fiat Muslims still want to bring back the gold standard, then go ahead, but at least acknowledge these failures first and come up with a plan that doesn't amount to "just trust me bro".
https://bitcoinmajlis.org/islamic-attempts-to-bring-back-the-gold-standard/
Many fiat Muslims will assert that we need to go back to using gold and silver, and that there's no need for Bitcoin. We wrote this essay to demonstrate that politically powerful Muslims have already tried to revive the gold standard, and they've all failed.
If fiat Muslims still want to bring back the gold standard, then go ahead, but at least acknowledge these failures first and come up with a plan that doesn't amount to "just trust me bro".