It just takes small baby steps…day after day, once you’ve made your decision to exit the riba system, Allaah will make easy for you the path and the way!!
May Allaah bless this brother for making the effort.
Need to get back to my ‘living the ₿itcoin standard’ series.
I think you can do the same with Zeus
I’m telling you, the best thing we could do as a global community is help people spend ₿itcoin in their subsequent lands. THAT would change the game for remittance. Now we can send them value but they still have the friction of spending.
It’s almost as if they want to force people to use bitcoin 😂
Does this work the same as paper wallets used to work?
Let's move away from Ribaa, it's time for change,
A new path to explore, a business to arrange.
Let's prioritise ethics, and fairness too,
Transparency and honesty in all that we do.
We must seek knowledge and learn with zeal,
To innovate and create, and set a new deal.
Let's build a system that serves the people,
A just and fair world, where all are equal.
Let's move away from Ribaa, and its wrongful ways,
And embrace a new business, that follows Islamic rays.
Here are seven suggestions, I'll share with delight,
For Muslims and non-Muslims, to consider and take flight.
Trade in islam, seven pillars must stand,
To make transactions kind, fair and grand.
1) To begin my wise words, both parties must agree,
No one should be forced, both parties must be free.
2) Mental competence, that is the second key,
So both parties are able to both agree.
3) Ownership must be established and solid like gold,
Or permission be given for the item to be sold.
4) The item must be halal and taken to be lawful,
And deemed as wealth, without being Awful.
5) The owner, without doubt, must be able to give,
And hand over the item, for the deal to live.
6) Quantity, quality, and price must be clear,
So ambiguity and treachery does not interfere.
7) And lastly, the deal struck must be concluded with ease,
Without external conditions or foreign dependencies.
These rules in Islam are set to make sure,
That business deals between two always remain pure.
With justice and honesty, as always, the main goal,
To make sure every deal takes its rightful role.
So the above was authored to be playful and fun, but let’s get down to what it means in practice.
7 principles for fair trade in Islam. To engage in a valid transaction, it must fulfil these principles. In our fiat credit society, we need to rethink how we do business. How can we achieve this? Let's explore.
1) Valid transactions require willingness from both parties, no force allowed. Bitcoin's ethical core ensures only key-owners can make deals. For this reason taxes in Islam are prohibited.
2) Mental competence is a requirement for valid transactions, therefore children, for example, need guardian permission to engage in any deals.
3) Islamic transactions forbid selling what's not yours or without permission from the owner. Banks therefore are unable to comply with this, and what would this mean for exchanges?
4) One should not trade in things that are inherently forbidden or harmful. It is important to avoid selling harmful objects or substances that will be used to harm the buyer or others.
5) One must own the item before selling it, as per point 3, and should also be able to transfer its possession. Therefore, selling confiscated cars or Bitcoin with lost passphrases is not allowed due to the uncertainty of transferability.
6) In Islam, ambiguity renders a transaction invalid. It's impermissible to sell items without clarifying their attributes that affect price and desirability. For instance, an iPhone's storage size or a car's engine size.
7) A transaction cannot be both completed and ambiguous regarding its completion. So you cant buy a car, and then say “if zaid agrees” or “if its sunny tomorrow”. Once zaid agrees or its sunny, then come back to make the deal.
The 7 conditions of a valid transaction in Islam promote fairness and justice. All parties should benefit without being cheated or causing disputes.
I have a detailed video breakdown of the Islamic model of doing business here: https://metamadeenah.com/courses/fiqh-of-business-part-1/
My plan is to have my relay only record posts from users who interact with my services on my website. So it won’t be for everyday posts. Only that which is related to my website and it’s services.
I think it’s interesting 🧐 but I feel one thing that NEEDS to happen in this space is a more formal ironed out approach to discussion. I’m not a btc dev so forgive me if my ignorance shows, but how people interact sometimes seems really counterproductive when both sides intend good (mostly).
So if there was an official platform where issues can be clearly and without bias, be explained to everyone, the pros and cons, I think more would be achieved. At least it would allow people to feel heard, even if they are untimely ignored. I feel that if people feel ignored from the start, they take to Twitter to rally support and it becomes an argument. That’s essentially what the courts are supposed to do. Provide a place for things to be aired and at least an attempt to resolve. So maybe before we talk about DID’s, drive chains and soft forks we start developing a ‘public square’ where things can be presented with manners and evidence, devoid of degrading replies and swearing at each other lol 😂. I don’t think Twitter, or Nostr is a place for that. It’s too chaotic.
Outside of that, I do feel that things may need to become more refined as it relates to the keys, as it’s seems very geeky right now, something that bitcoiners would get but nocoiners may struggle, and it essentially comes down to UX, which is the most important thing imv.
That’s all I wanted to say.
He’s referring to this
https://twitter.com/level39/status/1632240495396044800?t=18hzKUv7O9UTfwHkllljcA&s=35
Can you add functionality to them? Ie whoever has X badge can access Y relay?
Well, the history of decentraland is supposed to be a DAO. I’m not gonna defend their system because they essentially minted their ERC20 shitcoin and sold off the LAND and tokens, so to that point I agree with you.
But moving forward from that, as this all happened back in 2017, NOW, people own LAND and they own tokens and you can run a node that hosts the world and it’s assets and improvements to the ecosystem are ‘supposed’ to be voted on based on token holders in the DAO. I don’t think it’s necessarily a good model, but my point was just that if I bought LAND and was able to use it like actual land in the real world, but even better as I don’t have to pay for taxes, utilities etc and would be international, I think those types of NFT’s are ‘ok’, for what it is. Better models would be out there and if they could dump their shitcoins for SATs that would be better, but in saying that, the world is built using JS, so you can still accept payments in SATs and trigger things in the real world using API’s.
Hahahahaha
What are badges? Nostr versions of NFTs?
Personally I’ve only seen LAND NFT’s as being useful because the represent one’s right to build on a platform, depending on how ‘decentralised’ that ‘world’ is. Like LAND on Decentraland. The world is hosted on ‘nodes’ and apparently anyone can be a node. So you could use your LAND to build whatever you want and even monetise the use of that LAND by those who visit that land and interact with it.
But NFT’s as images and real world tickets require someone in the real world to honour that ‘agreement’ and that’s where the disconnect comes with NFT’s.
"As a Muslim warrior, I fight Ribaa's plague,
With Bitcoin as my weapon, I refuse to be vague,
The banks and their fiat, I won't be their slave,
My faith and my currency, the fight to save.
Bitcoin's decentralized power,
A tool for justice, my warrior's tower,
I won't yield to the banks' towering bower,
My fight for Islam, my finest hour.
The Ribaa monster, I'll vanquish with might,
With every Bitcoin transaction, I'll shine a light,
The fiat tyranny, I'll put up a fight,
Till the day when justice will reign in sight.
My faith and my currency, a mighty duo,
Against Ribaa's oppression, they'll deal the final blow,
My Bitcoin sword, my warrior's echo,
A world without fiat, a Muslim warrior's manifesto."
My battle against the Ribaa fiat dragon 🐉 rages on!!
In my own attempt at living 100% on Bitcoin for the last 3 years, mainly using @cz_binance’s crypto debit card since 2020 (previously swipe card) to pay for everything, I’ve eventually given myself the evil eye and they cancelled the card a few days ago, no explanation.
When I was at @brucefenton’s “Satoshi’s Round Table” event, I wanted to inspire people to live on ₿itcoin and I was very vocal about me doing so, and I even shook CZ’s hand and told him thank you for having this facility (he looked a bit confused why I was doing that 😂)…and a few weeks later they cancelled it!! lol 😂
Just goes to show, even with these ‘solutions’ they are STILL within the very system we want to end, the banking system, and due to that, they still have their feet on our necks.
We need to work harder to get ₿itcoin accepted natively so we can’t be cancelled again!!
No worries. It enjoyed the discussion.
When you say propaganda? You for that era or for history as a whole? As far as I’m aware all history is essentially propaganda lol 😂. Except the history of the early part of Islam, and that was only because of the isnaad we were saved from such distortions. Without the science of Hadeeth, we would have been historically wrecked as well.
Make it happen!!
Hahahaha
It was great wasn’t it!! lol 😂
It’s not very in depth in terms of historic education, but if you remember from some of the scenes in season 3&4 when the ‘sultan’ has his armour, it was the same as the above image pretty much.