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Islamic Economy
48a394bd64762dd14c8dac586faafafdb7b17d860427d8d4c3c3fd57d3ff79d2
Muslim Economy. Mission: Connecting 100K Muslim business owners on one platform. اقتصاد المسلمين

Really

Why will nobody will use it

We just need good marketing and messaging to attract them

We should build media company and directories at same time

We need 3 platforms to cater a 20 Trillion Economy ( Import-Export Industry)

1. Platform for Importers and Exporters who use Bitcoin.

2. Bitcoin transaction platforms to do big Import export bitcoin transactions.

3. Clusters or Associations that can deal with governments and local markets.

#bitcoin #nostr

If we want an economic edge as a Muslim we should change our consumer habits and buying attitude.

Instead of consuming things with regrets and doubts.

We Should find or create alternative products and services,

No doubt it's a long game and requires sweat and blood.

But very necessary for upcoming generations.

#muslim #Islam #economic

Last evening's DenverBitDevs meetup and presentation from nostr:npub126ntw5mnermmj0znhjhgdk8lh2af72sm8qfzq48umdlnhaj9kuns3le9ll was a a highlight of the year for me. Thoughts below👇

We were joined by nostr:npub1j87rgjtftxaux3xd5nhthwavm3907ywnu8x0z0uywqntsv57vajshl3hzx, CEO of Start9, where he gave a presentation on running #bitcoin and #lightning nodes as well as the importance of sovereign computing.

Here are some of my key takeaways as a novice to the topics:

Running a Bitcoin Node:

- Transacting on your personally run bitcoin node asserts your citizenship on the network.

- Participating in transactions gives you leverage as an enforcer of the bitcoin census rules.

- Running your own node ensures your untampered access to the bitcoin network. You do not need to worry about a wallet software hiding or falsifying transactions on your addresses.

Running a Lightning Node:

- Without running your own lightning node, you are relying on the channel not being closed. This trust dynamic is exactly what bitcoiners seek to avoid. We want to eliminate trusted intermediaries. Not make it slightly better than your fiatbank.

- Running a personal lightning node is paramount to financial sovereignty and privacy.

Sovereign Computing and Personal Servers:

- There are two business models for monetizing software. Monthly Subscription models (paid services), and Data Farming (sell your information to advertisers and service is free). As privacy becomes increasingly important to consumers, more apps on your phone and computer will pivot to subscription based models. This is a good thing. The "cost" is transparent and up front.

- Data can be monetized. Your pictures and files are of little value by themselves, but when compiled amongst millions of users, the value of that data set adds up. This creates a honeypot that some deem worth attacking for access (think lastpass, google drive, iCloud, etc...).

- Hacking these honeypots is way easier than you'd think. It's not about cracking the newest standard in encryption or finding a backdoor. Instead, it's about convincing someone internal to the company with high level permissions to give over the keys. The human in the loop is the weakest link. It's only a matter of time until that link is compromised.

- Running your own home server is a way to opt out of the honeypot. The risk reward dynamic is now changed. A potential attacker has just as much to lose by breaking into your home to steal your data, but your personal files alone are of little value to them. It's no longer worth it.

- Additionally, running your own home server provides privacy. Your files are stored in your local cloud, and no middle man can observe your data or actions. No one even knows when you do something!

StartOS is software aimed to make running a personal server as easy as possible for as many people as possible. It's clear they envision a world where personal responsibility is extrapolated to our digital personas. I agree, it is a necessary step to being a sovereign individual in the twenty first century.

I am eager to play around with the software and learn along the way. Thanks again to everyone at Start9 and the Denver BitDevs community, as well as Zach (BTCBap on X) for organizing the event.

Let me know your thoughts below. Hopefully I summarized the technical details correctly. The full recording of Matt Hill's discussion will be posted to the Denver BitDevs YouTube channel shortly!

Very helpful post

Thanks for sharing 😊

Truth be told,

There are a lot of brands that are getting bigger and bigger and want to create monopolies in markets.

These brands are against local businesses and anti-local entrepreneurs.

Example: Starbucks and Zara

When this type of player enters the market intending to disrupt, many small cafes and stores get shut down.

In the long run, it's harmful for consumers.

Keep this in mind!

We are not in small numbers,

In an economical warfare, we have more than 1 Billion foot soldiers

we can crash any giant company and shut down any startup, that stands with injustice.

Starbucks is an example.

Zara is next.

#bitcoin #starbucks #nostr

This is called economical pressure...

Trillion USA tax dollars wasted in Afghanistan and soon Trillions will be lost in Israel.

Mark my words.

Palestinian men blowing million dollar tanks and equipments wearing slippers and Addidas tracksuits.

And yes Inflation and loans are whole different issues.

#USA #bitcoin #dollar

As a Human we are weak,

So never forget to ask our Rabb to guide and correct us in our daily affairs.

Indeed we are in multi-front war.

Without his help we can't win.

Reminder for myself and my brothers.

I don't hate Americans, I hate American politicians who make decisions of genocide

And

I don't have Jews, I hate Israel who commenting Genocide and settlers who steal the land

Perfection only belongs to God, so just work on 1.0 and ship it and take feedbacks for 2.0.

Simple ladder of improvements.

Know the difference between

God given burdens and self imposed burdens.

If God gave you some burden then he will send help.

But if you imposed big burden on self then it's stupidity.

Example

God gave you 3 kids then he will give you sustenance too.

But You want to buy 6 figure car because your friends bought it then it's pure greed and stupidity.

If you are business owner then

Keep this in mind.

If you are not doing sales then you are putting your business, your employees, your family, and yourself at risk.

#sales