Man, criticisms of Bitcoin from Muslims, even scholars, is just so utterly abysmal.

There's literally someone making the claim that Bitcoin doesn't exist because it's mathematics, while making that comment through a digital medium. The irony is just comical.

And it always goes back to some form of "no intrinsic value", and when it's not that it's just the same cycle of going from "it's used by criminals" to "uses too much energy" to "fixed supply will crash the economy" to tether FUD to quantum computing to some other crypto replacing it. It's just endless.

I'm just a nobody. I shouldn't have to break these dumb contentions down for actual legit Muslim scholars. I just don't know why it's too much to ask to pick up a copy of the Bitcoin Standard or actually doing a bitcoin transaction before they say dumb stuff. Maybe I am asking for too much.

Maybe I need to write an essay for these critics so they can actually know how to competently criticize bitcoin. We deserve better critics.

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GN 🇧🇷

I think you should write an essay steelmanning any serious critiques. Would be valuable to raise the discourse in the space, Insha’Allah.

It would be a lot of work and for not much gained since the critics don't like to read, no matter how much stuff I send them. We even tackle some of the issues in our blog posts on Bitcoin Majlis.

we should Nostr debate sometime ✝️☪️

Sometimes I think people just want things to be haram

Everyone’s background anchors them with a set of assumptions and blind spots. Coming from a tech background, my big blind spot was economics and specifically what was money

The conversation about what money is, how it is used, its functions and qualities is a common blind spot - likely across all faiths and jurisdictions where central banking paints an economic backdrop of assumptions

Beyond the dogma of “interest is bad”, they probably haven’t thought too much about what money is either. Might be a good place to state 🤷‍♂️

Bitcoin electronic cash, and electrons are real. https://dergigi.com/2022/10/02/bitcoin-is-digital-scarcity/

One of my favorite of your essays!

Related: marriage.