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What prevents people, especially Muslims, from recognizing Bitcoin as a solution to many civilizational problems:

- They think it is purely an investment/speculation asset not what it was created for, namely to simply be sound money.

- They do not realize the monstrosity of the sin of interest/usury (riba) and have become far too accustomed to living with it (yes, I mean all three religions).

- Consequently, they do not see the urgency of escaping riba as quickly as possible and prefer to continue as usual.

- They have not understood their religious texts or cannot adequately prioritize the commandments and prohibitions within them.

- They are unfamiliar with the Bitcoin ecosystem and do not know what is already possible.

- And even if they were to become familiar with it, they are too complacent to change their habits.

- They are not open to fundamental paradigm shifts, even if it should lead them back to the roots of their religion, and feel threatened by changes (see how many people become aggressive and patronizing at the mere mention of the word "Bitcoin").

- They lack a solid understanding of economics and are still influenced by Keynesianism.

- They are not optimistic.

Therefore, people are right who say that the biggest challenge lies in education. But how can you educate people who have stopped learning?

So I now see it like Dr. nostr:npub1gdu7w6l6w65qhrdeaf6eyywepwe7v7ezqtugsrxy7hl7ypjsvxksd76nak . The later they learn, the less of the pie they will get. Bitcoin is like gunpowder; it is not optional whether you adopt it. The question is WHEN you will adopt it and whether it will not be too late (for you) by then.

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Discussion

Rush 1y ago

Add to that, perhaps, the current set of UX obstacles makes it hard for many to even consider.

Like in the other post, I have been in BTC space since 2017, and it's only getting harder for me to acquire it.

alp 1y ago

Yes, UX obstacles apply at least to those who are willing to engage with it.

Muslim Bitcoiner 1y ago

This is why the only realistic plan to address this is to write a book. I admit that it's not a very good plan, but it's something. Just lay out what we think is the Muslim case for Bitcoin, and inshaAllah Muslims pick up on it. It takes a lot more unlearning than actually learning about it.

alp 1y ago

Yes, the more books on the subject are available in the market, the more likely it is to be perceived as "there's something to it."

HODLudek 1y ago

Bitcoin can and should be used to create parallel economies that are build on the sound foundation of it.

But the fundamental problem that needs to be addressed is the state enforced usury based system we are living in. Every economic aspect of our lives it rooted in this system. This is the core of the problem.

There is no doubt this system will try to hijack Bitcoin and water it down with paper printed Bitcoin. Look at ETFs and the herd of self proclaimed bitcoiners NGU crowd cheering for it.

I guest the way is to go back to the roots of Christianity and Islam and together build an alternative where usury is outlawedd and focus is on family, comunity, etics, morality and labor first and money last.

alp 1y ago

"There is no doubt this system will try to hijack Bitcoin and water it down with paper printed Bitcoin."

Yes, education must go on.