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Muslim Bitcoiner #BIP-110
Mbitcoiner@Bitcoinmajlis.nostr1.com
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Bitcoin cultist. Co-founder of Bitcoin Majlis. Author of Anti-riba Money. Austrian Economics. #staySAIF.
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Mbitcoiner 1 year ago
The nice thing about airplane rides is that I can actually read without having my kids interrupt me every other sentence 😂 Alhamdulilah image
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Mbitcoiner 1 year ago
Ibn Khaldun on shitcoiners: "When such a person cannot earn enough in a natural way, his only way out is to wish that at one stroke, without any effort, he might find sufficient money to pay for the habits in which he has become caught." image
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Mbitcoiner 1 year ago
I gotta get a night time baby sitter for next Ramadan inshaAllah. Would make life so much easier. It's quite intense trying to put 5 kids to sleep and rushing to not miss Isha and taraweeh at the masjid.
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Mbitcoiner 1 year ago
According to Ibn Khaldun, taking away property is an injustice 👇 "Whoever takes someone's property, or uses him for forced labour, or presses an unjustified claim against him, or imposes upon him a duty not required by the religious law, does an injustice to that particular person." image
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Mbitcoiner 1 year ago
👀 This turned out really nice You can still get your ticket for the Muslim Bitcoin Summit happening on April 6th in Dallas, TX! Get your tickets here: muslimbtcsummit.com image
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Mbitcoiner 1 year ago
Islam establishes divine law and justice Justice nurtures strong 'asabiyyah Strong 'asabiyyah establishes royal authority Royal authority ensures the rule of sound money Sound money lowers time preference Lower time preference leads to capital accumulation Capital accumulation strengthens civilization Civilization is preserved through Islam image
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Mbitcoiner 1 year ago
Insane that in 2025 you can still get over 1200 sats for just one Riba buck
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Mbitcoiner 1 year ago
One aspect of the Bitcoin SBR announcement that's not talked about enough is that this will probably create the incentive for the US to accumulate more Bitcoin through civil asset forfeiture. I mean, that's how they acquired their current bitcoin reserve. Things could get ugly.
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Mbitcoiner 1 year ago
Indonesia is looking like the Muslim country that will lead the way in Bitcoin adoption and development. Out of all the Muslim-majority nations, it seems the most serious about building real Bitcoin tools and infrastructure. Very bullish on what’s happening there image
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Mbitcoiner 1 year ago
Sheikh Abdulqadir as-Sufi talks about the modern version of bread and circuses 👇 "...to distract people from desiring economic freedom, the right to choose your medium of exchange, freedom from purchase tax, interest, credit profile - something intrinsically human had to fill the void created by financial slavery..."
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Mbitcoiner 1 year ago
Our 3rd essay in the Bitcoin Only Series is now posted on the @BitcoinMajlis blog. Read it here: http://bitcoinmajlis.org/bitcoin-only-series-3-4-ethical-issues-of-crypto/ This one talks about the ethical issues related to crypto, which draws from our previously published piece on “halal blockchains” due to its relevance to the topic. To summarize, the crypto space is fraught with ethical issues related to project inception, founder influences, and token distribution models, governance practices, upgrade processes, and protocol enforcement. Bitcoin stands apart. Its fair initial distribution, lack of ICOs or premines, credible neutrality, leaderless development, and respect for user autonomy make it ethically distinct from the crypto space.
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Mbitcoiner 1 year ago
Ramadan Mubarak! Let us continue on the mission of purifying our wealth and renouncing Riba money! May Allah accept our efforts. Stack sats. Stack hasanat. image
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Mbitcoiner 1 year ago
Bitcoin maximalism follows logically from the commodity theory of money. It’s the result of a methodical and deductive process. Read 👇 "Thus there would be an inevitable tendency for the less marketable of the series of goods used as media of exchange to be one by one rejected until at last only a single commodity remained, which was universally employed as a medium of exchange; in a word, money."