A great post to confirm the logic behind money being only a medium of exchange in Islam and not an asset in itself. The economy should be focused on the values of goods and services and not the “price of money” which is riba. nostr:note100v4hluvanfjpc9pe7suk60qn0vqazwzcngpu2gj5p0lkm44guyqany0ja
Discussion
Secret Muslim Banker is on Nostr!
With all the insanity of X it’s only right! Glad to see a few of us here but it is definitely skewed towards the BTC crowd.
Hoping to see more diversity inshallah. Baby steps…
💯 That's why I haven't made the full jump here. Still need to bring more Muslims over from Twitter inshaAllah.
Elon Musk is making this job easier!
you need to set up a lighter wallet. I tied to zap you, but couldn't!!
Thank you! Finally set it up
The trouble with that line of reasoning is that money itself is an asset, especially when working on a multi-currency setting where different currencies have their own supply/demand.