The fiat system is based on debt and usury, which is antithetical to Islamic law. Bitcoin allows for a monetary system that follows the teachings of the Quran.This is an opinion editorial by Muslim Bitcoiner, the host of the “Muslim Bitcoiner Podcast” and a contributor for Bitcoin Magazine.Before diving into the topic of Bitcoin, it’s important to explore what the sin of “riba” actually is, and how it’s entrenched in the current global monetary system. Riba is an Arabic word which mo ...
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