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Man it's so hard to shift the Overton window with Muslims when discussing boycotting Israel. We'll get there soon inshaAllah.

We gotta get the ummah to laser focus on boycotting the Federal Reserve and all other fiat currencies.

Misty 1y ago

Is there a very specific and detailed guide for a person to follow that will help a person here in America go from:

-- receiving USD for pay

-- paying for everything in USD

-- getting employers, insurance companies, etc., to payout in Bitcoin

-- receiving standard W2 paychecks in Bitcoin

-- paying all our bills in Bitcoin

-- grabbing rideshares in Bitcoin

-- purchasing gasoline/fuel in Bitcoin at the pump

-- paying tuition, school enrollment fees in Bitcoin

-- paying for public transportation and vehicle repairs in Bitcoin?

-- pay for anything else we need directly in Bitcoin?

>> (All without the use of banks or financial institutions **at any point** of the transaction on either the frontend or the backend? All without an app hosted either on the Google Play Store or App store or applications being threatened with dehosting from the entities interacting with AWS? Because the solution can't break if one of those things are removed by a traditional entity under current US laws and policies.) <<

Currently, my understanding to doing all that involves prepaid cards, apps, buying a very specific phone, doing a bunch of technical things that probably aren't explained 100% clearly and will be messed up, and few other things many people have no knowledge of (including myself!) And very few people can do all the things at once.

When I read stuff like this -- yeah, people here in America would love to boycott the Fed, etc., but unless someone's providing solutions that can be adopted at a mass scale so a person CAN switch over, it just sounds like "Hey, you stupid person, boycott the FED!! Hahhhahah!! Look at them. They can't process what I'm saying! ahahahah."

I'm genuinely asking for a solution.

"Boycott all fiat currencies."

Glad to.

How do we do that in everyday boots-on-the-ground life at each level?

Where's the full guide?

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Discussion

Muslim Bitcoiner 1y ago

You raise a good point. There's still so much infrastructure that needs to be built to make a true boycott using Bitcoin feasible and actually doable.

I'd love to have all of those features you mentioned, I'd try my best to use them right now. But I think we need to take a step back before we start firing off guides for this. I think there's several steps missing.

When I was at the ICNA conference giving the presentation, and I was at the section proposing a boycott of the Fed, it was very evident no one had even considered doing that, because they hadn't even bothered to understand the role that the Fed played. Like, it was not even a possibility for them that the Fed could be boycotted. But when I proposed it, you could tell by the look on their faces that they were encountering the idea for the first time. They could barely process what I was saying.

And your list of Bitcoin features, as awesome as they are (I mean that genuinely!) suspiciously focuses on payment applications, that just one of many applications. But what about savings? Muslims overwhelming store there savings in a checking account. There's also Islamic finance products, halal stocks, sukuks, Riba funded real estate. And businesses need their wealth stored somewhere too. What about capital accumulation and formation? That's important too!

What I'm trying to say is that, maybe we take a layered approach to this.

First, education (essays, presentations, podcasts, memes, etc), then getting people's toes wet first, slowly start converting some savings into bitcoin, learn how to self custody on a hot wallet, then hardware wallet. Using the lightning network. Running a node, running lightning node. Get Muslim businesses to add it to their balance sheet. Get scholars to be on board. Recruit Muslim developers to review bitcoin code and build applications. I think at this stage we'll have a base to build those payment applications you mentioned. Then we can seriously start getting Muslim nation states to start holding bitcoin (if we choose to go this route)

Sorry this is long! But I agree that we need more guides, but I think we need to take a step back first and see how we can strategically and methodically approach bitcoin adoption and an ultimate boycott of all fiat currencies. There are layers to this.