I would reply to your ridiculous response, but you are clearly arguing in bad faith, so pointless. Have a nice day.

Israel seems pretty chill? So genocide is chill to you? Meanwhile the entire gulf region is the safest region on earth?

This conversation is crazy 🤪

But one thing you said that I totally agree with, you DONT know much about the topic. Not Christianity, Judaism and definitely not about Islam.

lol, tell that to satoshi who sparked a social/financial revolution by warning us with the coinbase op return data in the genesis block.

bitcoin is an unpoliceable form of freedom.

freedom is facetless

Quite a nuanced topic don't you think?

The spirit of Bitcoin's cypherpunk movement is alive and well in Africa! From South Africa to Nigeria, activists and entrepreneurs are using #Bitcoin to promote financial inclusion, freedom, and social justice.

Africa is indeed winning!!!!!!!!!

Staci, aby ktokolvek vo fediverse oznacil tvoj prispevok (alebo prispevok akehokolvek tvojho usera) za "nie dostatocne slnieckovy" a cely tvoj server sa dostane na blacklist, ktory je s nadsenim zdielany medzi 99% majitelov fediverse servrov.

Yeah it does. Similar to the system of Torah and Rabbis who seem to be supreme guides for every fart trying to get out of its pants. But I'm happy to learn if there's anyone more educated on this.

I dont have a definition either, but for example the btc lending that takes 10%pa and your bitcoin with 50% LTV is clearly usurious to me. But people on the other side of the game are more greedy and don't want to let go of their BTC. So to each what he deserves.

I will have to dig into it a bit, no expert either.

Interestingly, the christian bible talked originally about God taking a half (side) of Adam and making Eva to his (equal) partner. But somehow it got co-opted with translations into "the rib", subordinating the position of a woman to the man henceforth.

All these are interesting things to learn, but also a reason why I don't accept religious leaders of any kind.

A whole another topic is how an individual person lives and what moral guidance does he stick to, regardless of their religious scripts.

And so I'm not ready to condemn a Muslim or a Christian or a Jew -- as long as they're not following their "torahs" literally in trying to subordinate every living human to their needs, or keeping women as slaves etc. If they do, I want nothing with such people.

See, I knew you would act childishly. That's why I didn't answer you.

I thought I explained precisely what was my goal in my OP. I'm happy to learn anything valuable about Islam and its non-compatibility with liberty, so please do share specifics.

Read stuff

I wanted to understand how Bitcoin resonates with the Muslim world and Sharia law, so I explored a bit and wrote this short article. lmk what you think and whether I made any mistakes in the thinking process or understanding.

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** IS BITCOIN A SHARIA-COMPLIANT ASSET? **

The question of Bitcoin’s compliance with Islamic finance principles (Sharia) has sparked some debate among scholars, investors and bitcoin / crypto fans.

There seems to be no universal consensus, and I'm no Muslim but it seems to me from what I've read that Bitcoin’s design aligns very well with core Islamic values of transparency, fairness, and resistance to exploitation.

Below, I explore Bitcoin's Sharia compatibility through the lens of ethics, technology, and practical application.

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1. CORE SHARIA PRINCIPLES AND BITCOIN’S ARCHITECTURE

Islamic finance prohibits *riba* (interest/usury), *gharar* (excessive uncertainty), and mandates *hifz al-mal* (preservation of wealth). Bitcoin’s protocol directly addresses these concerns.

Bitcoin’s code contains no interest mechanisms, making it inherently free from *riba*. Transactions occur peer-to-peer without intermediaries, and mining rewards compensate computational work rather than interest-based returns. This contrasts sharply with fiat systems (or with Proof-of-Stake systems) which rely on fractional reserve banking and debt-driven money creation—practices deeply entangled with *riba*.

The network’s deterministic monetary policy—capped at 21 million coins, with a transparent issuance schedule—eliminates the systemic *gharar* inherent in fiat currencies (subject to central bank manipulation) or that of gold (whose supply fluctuates with mining discoveries). Every transaction and circulating coin is publicly verifiable on the blockchain, ensuring contractual clarity and reducing ambiguity.

As for wealth preservation, Bitcoin’s scarcity and decentralization protect against inflationary devaluation. While its short-term volatility draws criticism, long-term appreciation trends (e.g., compounding growth since 2010) suggest it meets *hifz al-mal* for investors prioritizing durability over stability.

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2. SCHOLARLY OPINIONS: DIVERGENCE AND PROGRESS

Islamic scholars remain divided on this topic, but momentum is growing in Bitcoin’s favor. In 2018, Indonesia’s National Ulema Council recognized cryptocurrency as a tradable commodity, while Dubai-based scholar Mufti Muhammad Abu Bakar declared Bitcoin permissible (*halal*) if treated as an asset rather than currency.

Others, like Islamic Finance Guru argue Bitcoin is compliant *if* users avoid interest-bearing services (e.g., crypto lending), mirroring rulings on gold, which is permissible as an asset but forbidden in *riba*-based transactions. Critics, including Saudi Arabia’s Grand Mufti, reject cryptocurrencies due to volatility and speculative trading. However, this stance conflates Bitcoin’s *design* with human misuse—a distinction emphasized by progressive scholars.

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3. BITCOIN VS. TRADITIONAL “COMPLIANT” ALTERNATIVES

Gold-backed assets and Islamic banking products are often touted as Sharia-compliant, but Bitcoin offers distinct advantages. In contrast to gold’s storage costs and opacity in custodianship, Bitcoin’s blockchain provides a public, auditable ledger. Unlike real estate—a popular Islamic investment—Bitcoin democratizes access to scarcity without high entry barriers. Most critically, Bitcoin’s decentralization ensures no central authority can debase it, unlike fiat systems that enable *riba* through interest rate manipulation.

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4. RISKS AND MITIGATIONS

Bitcoin’s Sharia compliance hinges on ethical usage. To avoid *riba*, investors must steer clear of interest-bearing platforms like crypto lending services. Speculative practices—day trading, derivatives, or leverage—introduce *gharar* and should be avoided in favor of long-term *HODLing*, which aligns with Islamic wealth preservation principles. Prioritizing Bitcoin’s original purpose—a censorship-resistant store of value and medium of exchange—strengthens its ethical case.

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Conclusion: Bitcoin is not inherently *haram* (sinful, prohibited by Quran). Its architecture—scarce, transparent, and free from centralized manipulation—resonates deeply with Islamic financial ethics. While misuse (e.g., speculation, *riba* services) can render it non-compliant, the same risks apply to gold or real estate.

For Muslims exploring Bitcoin, intentionality is key: use it as a long-term store of value, avoid interest-based platforms. As Islamic finance wakes up to future technology, Bitcoin’s role as a *halal* hedge against fiat injustice will grow.

Muslims will do well, if they avoid riba. Anything giving yield on bitcoin will fail eventually - people will lose a lot because of their greed.

Now... We need to get Christians to remember that usury was once forbidden to us as well.

quantum mathematics? wtf.

I’m struggling to understand how nostr works tbh, my feed is incredibly boring, and when I post something it seems like no one sees it, either my posts sucks donkey balls through a garden hose (that’s some really hard sucking) or I have done something wrong.. 🫥