See list of articles here:
https://twitter.com/MBitcoiner/status/1577056061982330880?s=19
Also see section here:
There's a lot more we could be doing to try and get the ummah to understand the importance of Bitcoin and anti-Riba money, without the harmful baggage of "crypto" and "blockchain" weighing down the message:
1. We should try to talk about it within our local communities, even offering to do seminars or presentations at our local Masjids.
2. We need more online content and resources. I mean more memes, essays, videos, podcasts, tiktoks, etc.
3. We need a type of gathering or conference, in person or online, where Muslim Bitcoiners can meet and coordinate and discuss these ideas, again without the baggage of "blockchain"
4. We need more outreach outside of Twitter where we can talk about the idea of Bitcoin and sound money and the Riba aspect of fiat money with Islamic scholars. We need an avenue to communicate with Muslim governments.
If any Muslim Bitcoiners are reading this, we at Bitcoin Majlis will help support you if you want to pursue any of these avenues
Hmm, worth considering.
Also this reply made me think:
https://primal.net/e/note1w8hlnsmu6efzam7z4hrm9jfek7n2hx9whchgmnv02telkhxyrx5sfw7t88
I think I may have mentioned that I'm trying to write a book (it'll probably take me a year to finish), and I was actually planning on devoting a section of a chapter to your website.
Let me know if you decide to keep it up and I'll fund the website for another year insha Allah
Man that sucks to hear...
I just don't think there's enough Muslims interested in Bitcoin in that way to keep something like Islamic Marketplace up and running. I think it's a neat idea and I wish you weren't taking it down but I understand the decision.
If it's an issue of funding, I wouldn't mind paying to atleast keep the website up, just as a proof of concept to atleast show other Muslims that it's possible to use Bitcoin in a peer to peer way.
"There is hope, however. Mankind is free to return at any time to the natural production of money, which is in fact the only ethically justifiable and economically viable monetary order."
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The urge to write a book has been increasing lately...
Wow so many new Muslims on NOSTR!
Some accounts to follow:
nostr:npub1tdhrj6zzrgq7q2vecgkadywhepvz5xh2wewkdk4awp8wk28v876qytnp6k
nostr:npub1x09pj9xy49jqndhghtwhl9e8nagzj3m7rm0zxtr2vh9kes7r0k3qdgyz2j
nostr:npub1vxp6y0f9tckqptav7mxq8a4pf473c9xtauexhv6w9ycf27ce8c9q8ch3h7
nostr:npub14wuw2730w8q8n4enk0rv5u6sm33d9cxd0xqn8l8hpunp62x2602s2w78k3
nostr:npub186zv5km2jaazcr8aq735hj89363ur6ptm0y82hvpdzgdpe5syxeqv9t7mz
nostr:npub19vp5gcw6wxxvasd6vt80dsszhcek0ly6ula08velgy20ejtuhvfqsne2pm
It basically depends on who is running the relays. That's who would be storing the data.
Let's see who joins š
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Seeing some posts on X like this. I'm going to make an announcement on X later today insha Allah inviting Muslims from Muslim Twitter to join nostr. Lots of potential for new nostr users.
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"Time preference is a categorial requisite of human action. No mode of action can be thought of in which satisfaction within a nearer period of the future is notāother things being equalāpreferred to that in a later period."
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Maybe. Would be great to talk to him on a podcast or live stream.
I think it's great that brother Sneako is telling his followers to buy Bitcoin. I'm glad he didn't use the word "crypto". Could he be orange pilled?
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The Fiat Muslim Mentality
The fiat Muslim cannot allow himself to think of any viable alternative to the fiat system that he's subjected to. He thinks the current system in which he lives in must necessarily be the most viable and fair system, and assumes that no other system existed before it, or that other systems are irrelevant and not worth any thought. He supports his position from select fatawa from scholars that justify the current fiat system and its subsidized institutions.
The Fiat Muslim endorses the policy of monetary expansion by claiming that it is in line with the shariah, but doesn't consider the possibility or the viability of a fixed money supply. He automatically supports any and all authoritarian high-modernist interventionist policies enacted by Muslim governments, as long as it comes with a "halal" label.
He blames every modern societal problem on capitalism, but he does not allow himself to consider any negative effects from current ongoing socialist policies and institutions. He claims to detest western economic thought, but fully embraces Keynesian economics.
The Fiat Muslim justifies getting into interest based debt to finance his home, business, and car, claiming that it's a necessity in order to "succeed" living in the modern world.
He puts his entire savings in a checking account at an international bank, where he assures himself it's halal because it doesn't generate any interest.
He is completely unaware of how fractional reserve banking works, and while he instinctively knows that Islamic banking is not a totally shariah compliant alternative to conventional banking, he has assured himself that it's "good enough" since some scholar somewhere must have signed off on it.
He still naively believes that Islamic central banks actually and earnestly attempt to "stabilize" the economy and achieve full employment, despite their numerous banking failures and track record for wrecking entire economies.
He recognizes that charging interest is haram, but the central bank manipulating interest rates is surely halal. He believes that inflation is a natural phenomenon, and actually, an inflation target of 2% is probably part of the Shariah.
When asked about a possible alternative to the current fiat system, he can only think in potential socialist policies by Muslim governments, as these interventionist policies supposedly fit perfectly within an Islamic economic framework. Of course, an islamic flavor of socialism is considered the only "safe" and ethical alternative when capitalism gets blamed for every economic ill found in the modern world.
And when confronted with an actual working monetary system outside the rails of fiat and government management, he automatically dismisses it as something that is haram, because in Islam, only the state can issue money, and only the state can manage the actions of men in the economy.
He asserts with confidence that any alternative to the current fiat system must be devoid of "intrinsic value" because only the state can assign value. Therefore, any proposed alternative monetary system has no value, and would likely only be used by criminals.
In short, the fiat Muslim is economically illiterate and is unable to think in counterfactuals. He is somehow simultaneously arrogant, confused, scared, and ignorant, and he puts his trust completely in the government and central bank. He is unable to ponder deeply about anything, and he outsources his economic thinking to the state and its apparatuses.
Because of these limits placed on his thinking, he is not equipped to swallow the bitter pill that all of his monetary transactions are entrenched in Riba. He cannot fathom, and his mentality will not let him fathom, that the entire global fiat system operates with Riba embedded in its source code.
He does not realize it, but he is a slave to Riba, and his fiat mentality is a downstream consequence of his enslavement.
This is the fiat Muslim mentality.
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I primarily use moon+ reader. I've used readera and fbreader. All of these are good
Interestingly, in Venice, they'd send convoys of ships packed with supplies to conduct commercial enterprise overseas. Investors and entrepreneurs would pool resources and invest capital to share in profits from these convoys. This financial instrument is called a Commenda, and the idea most likely originated from the concept of a Qirad. These Commenda also employed a corporate structure with legal agreements between managers and investors, much like Qirads used in early islamic societies
Read excerpts below from the same book š
The Qirad was a popular financial instrument used during the time of Prophet Muhammad (pbuh), where investors and entrepreneurs pooled resources, typically in the form of a caravan, to earn profit. The Qirad allowed for the coordination and private ownership of venture capital, profit sharing agreements, and implementation of a corporate governance structure.
Imagine being able to grow your wealth through investing in shares of a caravan consisting of a portfolio of commodities like barley and leather, handled by traveling merchants and carried on the backs of camels!
Call this whatever you want, but this is actual capitalism.
Excerpts below from the book: Early Islam and the Birth of Capitalism by Benedikt Koehler
