Cryptocurrency declared halal

in #cryptocurrency8 years ago

Just read that an Islamic scholar has declared that cryptocurrency is suitable for use by Muslims. I know they have various rules that discourage borrowing money, but I'm no expert on this. Perhaps this contributed to the spike in prices this week. An extra 1.6 billion potential users of crypto is a good thing.

I'm on my way to the London Cryptocurrency Show. Its looking like there will be lots of Steemians there. Should be great fun.

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BTW I may well pass 20,000 posts today.

Oh and the weather is looking great. This has all lifted my mood after hearing about the strikes on Syria. I hope that doesn't escalate. There's too much suffering in the world as it is.

Steem on.

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Mashallah, I am often asked about crypto by my brothers and sisters in Islam and I often have to educate us on some of the basics of crypto-currency because a significant portion of us are still living in ignorance or following the opinions of scholars whom are mis-informed.
On the plus side, many of our youth are well aware of of the benefits of crypto-currencies and have been able to improve their community, send money overseas, and make local purchases all with crypto!
Islam is like a blockchain going back to the prophets with each block confirming previous blocks with hardforks and softforks along the way.
It's too bad I haven't seen a HALALCOIN or such yet...

I love the shirt you are wearing.

I thought I needed something geeky. A slightly different sort of crypto

I work side-by-side with a Muslim guy, he has taken my lead on crypto's since I started getting interested in January and has stakes in BTC and ETH. I guess it depends on who listens to who.

You don't look like your 'mood is lifted', more sombre!

Yeah I forgot to smile. I'm useless at selfies

Ive been avoiding to talk crypto to our Muslim community. .. because i heard its Haram (forbidden ) ..but Im glad you said its Halal now... but im still 😕 confuse... i better check it out again

I think you should do further research on this. Please don't just take my word on it.

20000 posts? Not bad production rate!
Enjoy the show!

Have fun Steve and hope you have a jolly fun day. The news this morning was indeed deeply worrying and I too hope things don’t get worse from here.

Early birthday meal for me today so it should be a good one :)

Have a great day. I think the Syria stuff is just sabre rattling. Nobody can really want another war

20k posts. Wow!

See you at the show. I am on the tube now, minding the gap 😁

I've just arrived and met a few people already. See you soon

Enjoy the London Cryptocurrency Show, @steevc! I bet it's going to be a lot of fun.

And more potential crypto users is always a good thing. You might be onto something with this being a reason for the small surge we have seen lately, because over 1.6 billion potential new users is a lot!

have fun at the Crypto show, maybe you run into @exyle :)

Yes, I've met him already. Saw him at Steemfest too

Ah ok, didnt know... but still have fun :)

Do you know Aceh? Indonesia? My country which still on question about cryptocurrency. When I say halal, I believe that they have many other questions about and I lost idea to explain. @steevc hope you pleasure to visit my country one time. Enjoy the beautiful "Sabang Island,".

Question is just which "Islamic scholar" said that, and does it means every muslim should follow it. If he has not authority in islam, people should not follow him.

I've no idea about such things, but it's interesting news anyway

Great post! this is amazing news.
Congratulation on your 20000 posts.
Keep it up.Best of luck.

That is indeed a good news for many Muslims (Including me)

While seems like the C.Show will be great and got to see that many famous Steemians will be there ,have fun all of ya !

Best wishes for the London Crypto Show. God forbid the WW3, amen. Crypto is rocking after a long haul :)

That is good news, Bitcoin has officially cut across all religion and race. That Syria issue is really serious. Hope to hear about the show later. Have a nice day

20,000 post is really a great effort. It reveals your passion, hardwork, dedication & devotion towards this community. Yes 1.6 billion potential user change the dynamics of crypto currency. keep sharing. Hope you had a great time in london crypto show. keep sharing @steevc

That is good news.That Syria issue is really serious. Hope to hear about the show later. Have a great dayDQmcqbhwwN3nei6hxvRfEe6CEZhwpPyWc2NpnLmAf1A6PMN_640x480.png

Cryptocurrency is really good.But how many countries do support this and why not they support this transparency?

Nice looking and great personality and happy to hear about " London Cryptocurrency Show" you all great people work good and great idea for all steem user....