View quoted note →

Finally! Looks like I'll be making this presentation tomorrow at one of the local masjids here. Hopefully it goes well! I won't mention the B word for this presentation though.... View quoted note →

Alhamdulilah i think I'm staring to see the finish line with the book! Just making edits to the final draft now. I can probably push this out in two weeks or so inshaAllah. Just waiting on the book cover and forward. But this is the table of contents that I have. Insane that this is coming out to more than 340 pages! Although half the book is just block quotes from other books: View quoted note →

"Our civilization is inseparably linked with our methods of economic calculation. It would perish if we were to abandon this most precious intellectual tool of acting."

Please understand that no one is coming to save you Not your government. Not your central bank. Not the US. Not China. Not the clowns with fiat credentials telling you “debt doesn’t matter” The system is set up such that every country is in a usurious debt spiral funded by fiat printing and theft via inflation. Every country is mortgaging your future to keep the ponzi going just a little bit longer. There is no plan or even intention to fix this. They're just trying to outlive the collapse and they'll happily do it at your expense! Buy Bitcoin and self custody. Run your own node. Exit the madness and reclaim your sovereignty.

Someone sent me this video of this sheikh talking about bitcoin: it's in Arabic, but apparently, he says that Bitcoin is haram because it has no utility but altcoins like ethereum and solana are halal. it's amazing that even the most knowledgeable people on this planet cannot even consider the thought that digital, neutral, permissionless and censorship resistant money with a fixed supply is a use case.

If you think that computers can solve the economic calculation problem, you don't understand the problem. Socialism/communism fails not because planners lack information and data (which is true), but because socialism/communism destroys the very institution of private property that makes meaningful information and data, i.e. market prices, possible. It does not matter how much computing power you throw at this. You can’t meaningfully compute prices that do not exist.

The Financial Hijra View quoted note →

Been reading about relays lately and how relays interact and I think we might need to start a @BitcoinMajlis relay Still trying to wrap my around it, but this could really transform the way the Ummah could do social media + marketing + content production

Got to see some nice waterfalls on our hike today

Oh snap! It's the notorious Mohamed GigaChad! Just joined us from X as he was getting censored a lot. Zap him and give him a follow! View quoted note →

"It is not unreasonable to assert that the infiltration of Keynesian fallacies into Islamic Economics has done profound damage. It has replaced a tradition of sound reasoning, rooted in human action and divine law, with a shallow and collectivist faith in state intervention and fiat illusions. Until this intellectual capture is confronted and corrected, Islamic Economics will continue to fail both in theory and in practice, offering neither economic prosperity nor genuine adherence to Islamic principles." Read our primer on Economics on the @BitcoinMajlis blog: https://bitcoinmajlis.org/chapter-1-a-muslims-primer-on-economics/

It's hilarious seeing muslim shitcoin companies teaming up to make more Shariah washed shitcoin products Pathetic but predictable. They must be down bad

Bitcoin is a Waqf in cyberspace

In this essay, Hoppe argues that Marxist class analysis correctly identifies a historical struggle between rulers and the ruled, but gets the theory of exploitation completely wrong. He replaces Marx’s LTV with an Austrian one based on property rights, voluntary exchange, and time preference. Exploitation certainly does exist and that history is characterized by class conflict, but the true exploiters are the state and its cronies, not capitalists. "A desperate need for ideological solutions to the emerging crises arises, along with a more widespread recognition of the fact that state rule, taxation and regulation—far from offering such a solution—actually constitute the very problem that must be overcome." Capitalism is wrongly blamed for what is actually the fault of state power. He makes the case that the only path to genuine prosperity is through radical decentralization and property rights and Austrian Economics. Read it here: https://mises.org/journal-libertarian-studies/marxist-and-austrian-class-analysis

They got Elmo 😞

Worth following this account. It got censored on X View quoted note →

So many economic misunderstandings stem from conflating printing money and capital accumulation. It's so frustrating trying to explain it because you have to dumb it down so much for these people. They're literally incapable of constructing an if/else statement. "If printing money, prices go up" is too hard a concept to grasp apparently.