Replying to Avatar Muslim Bitcoiner

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".

To clarify, we are not opposed to the idea of using gold as a form of currency, and it is evident that we do not regard gold as a "shitcoin."

Our aim is to highlight that the pursuit of a gold standard has already been attempted by organized groups of politically connected Muslims.

We believe it is time for Muslims to embrace an optimistic outlook and explore innovative solutions that operate entirely outside the Riba-based fiat system. We need to be courageous but also pragmatic.

While it is natural to feel discomfort and uncertainty when venturing into new territory, we must remember that as an ummah, we have the potential to break free from the constraints of Riba that hold us back and strive for a brighter future, inshaAllah.

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Witnessing a lot of your work on Bitcoin. Will be deep diving and studying it.

Thank you for getting me on here. Sick and tired of X and all the psyop going on against Muslims

Alhamdulilah! That's really great to hear. Let me know if you get stuck on something. Learning about Bitcoin is a process, take your time with it, don't feel like you have to rush it.

I’m already involved in the space but haven’t really touched BTC since the infra is still early and while on paper the utility as a currency is solid, adoption is still low