"In the view of Imam Malik, gold and silver were not necessarily Islamic currencies any more than they were convenient or universally valued media of exchange."
Islam & Economics - A Primer on Market, Morality and Justice
"In the view of Imam Malik, gold and silver were not necessarily Islamic currencies any more than they were convenient or universally valued media of exchange."
Islam & Economics - A Primer on Market, Morality and Justice
This could go both ways: the way of fiat currency and the way of BTC. Further analysis and/or distinctions would be needed. For sure, though, it is a door for modern currencies.
