Muslims think very deeply about Bitcoin, will the price go up, will we be in a bull 🐂 market or bear 🐻? Will Michael Saylor buy more or dump his bags? But what we should be thinking about is, have we paid zakat on it? When do we pay zakat on it? How can we give it in Bitcoin?

Every so often, when I receive money in fiat, I have this mini-dialogue in my head… “Should I smash buy bitcoin? Or wait until it goes down lower and I get a better price?” And like clockwork, I have to remind myself “I’m not here to ‘make more fiat! I’m here to escape Ribaa and to be self sovereign with my wealth, so when I’m asked on the day of judgement ‘how did you struggle for your deen in this world?’ I can say ‘I avoided Ribaa fiat even everyone around me told me it’s not worth it!!’” Guys, it’s 100% worth it.

Self sovereign much?!

FixupX

Fastbreak Hoops (@FastbreakHoops5)

This is the kind of autism the government fears. https://x.com/itsme_urstruly/status/1974074980926415206/video/1

Whoever boycotts coffee from Starbucks yet does not boycott fiat is lying to themselves … just saying

I just finished chapter 10 in @savingsatoshi!

Saving Satoshi

Saving Satoshi

Explore the mysteries of Satoshi and learn about bitcoin along the way.

Done, alhamdulillaah. This was a challenging experience, and worth every step of the way. Loved the story, the tasks, the challenge. It’s worth it if you know python or javascript. I have to say, however, that the cohorts I did this year with @bitshala_org @CodeOrangeDevs and reading @jimmysong Programming Bitcoin, along with doing all the exercises and tasks in the above went a long way to completing this. It would have taken me easily more than double the time without that year long intro, maybe triple. So if you know nothing about the inner workings of Bitcoin, never engaged with a node via rpc calls, or have no idea what an OP_CODE is, then maybe read up on those things first. Besides this...This is a GREAT way to get into Bitcoin development. It will (or should) expand your mind in what you can do with Bitcoin, and the possibilities with this decentralised censorship resistant Halal money for everyone. And if you want to start this journey, check out above mentioned cohort with Bitshala, CodeOrange or Jimmy’s book. Bitcoin development is part knowledge about coding languages, and part Bitcoin procedures and protocols. How to communicate with the network

I just finished chapter 8 in @savingsatoshi! Code your way through the mysteries of bitcoin at

Saving Satoshi

Saving Satoshi

Explore the mysteries of Satoshi and learn about bitcoin along the way.

This one was a real challenge...Got there in the end

Glad to be a part of this discussion One of the best panel of Bitcoin MENA conference this year 😘

Great interview with Bruce and Saif (Corrected link)

Tbh, for me, whoever didn’t know the US before now, must be totally blind…not slight against the brother, but I was never under any delusion about the US (or the UK) even before I became Muslim.

If anyone wants to join the ‘Learning Bitcoin from command line” cohort. I’m taking part as a TA so all are welcome

Bitshala | A Pathshala for Bitcoin | India, Global South

Bitshala is a grassroot, organic education initiative (a pathshala) led by Indian bitcoiners to provide guidance and resources for new developers s...

Ppl often ask me about the nisaab (& therefore the zakaat) on Bitcoin. The easiest way to see the nisaab is to go to trading view and type the following: XAUUSD*2.733/BTCUSD You can copy/paste that if you want, & it will show you how much coin you need to be above the nisaab. Once you have that value, count 355 days from that point, & if you have stayed above the daily value you see on the side, then you pay zakaat. Not on ramadhaan, but 355 days from the moment you were above that line (assuming you have no other money). Then just pay 2.5% from that.

What this story & similar stories like it fail to capture are the other factors outside of this oversimplified scenario. It DIDN’T talk about how those men earned their money…What fraction of their wealth their payment was, etc. and I don’t even agree with taxes… https://xcancel.com/alanjlsmith/status/1994379528320192580 The rich guy paid £50, but if it was 0.001% of his net worth, while the 5th guy paid 30% of his net worth, the story is now VERY different. If the 1st-5th guy struggles to pay their bills, while the 10th guy has multiple houses & a private jet, these are VERY different ppl. So from a Muslim perspective, what would be a righteous move is if the 10th guy would just say ‘hey guys, this is on me’ and guy 1-9 would say ‘Maa Shaa Allah!!’ And make duaa for him. Everyone winning. This is how it works with us. And the joke is, this is what you see. Just google search the many MANY videos of Muslims in say Saudi Arabia fighting to pay the bill. That’s ’Karan’, and this civilisation. “Whoever protects his own self from the selfishness of his own soul will be from the successful ones.”

Just updated my LinkedIn profile with what I’ve done this year so far. Alhamdulillah, let’s hope I can do good for the world, especially in bringing Muslims to the Bitcoin anti-Ribaa revolution.

I’m actually in a bit of shock tbh at how quickly the west were able to turn Muslim attention away from Gaza, Israel and the west’s manifest support for the genocide towards Muslim leadership as if what the UK and US did and continue to do never happened. Are Muslim diaspora that sheepish and hyper-emotional that they can’t see the obvious “Bait and switch” going on?

Don’t you just hate it when you have those bad dreams that was just a dream, but you wake up with the mood as if the dream was real? Then you can’t shake that feeling and upset 😢.

So I guess there was no “Uptober” then lol 😂

According to Einstein, if you knew all the variables of a given system, then you would be able to know how that system will be in the future an therefore there would be no free will. This is called “determinism” and it’s a whole discussion in physics. Heisenberg with his idea of quantum mechanics, whereby things at the quantum level aren’t deterministic but rather built on probabilities, blows this idea of determinism. It suggests that it is not possible to know everything about a system, we can only know the probabilistic wave function that eventually collapses down to a range of probable outcomes. Ie, you can know the location of a quantum particle, or the momentum, but not both. This leans towards the world view of non-determinism, to which Einstein famously said “I don’t believe God plays dice [with the creation]” So in the realm of physics, it’s still an open question based on the two above fundamentals. Not based on what “I think” or “you think” but ‘currently observable phenomena’. There have been experiments that seem to demonstrate that our body acts before we are conscious about making that decision to act, suggesting that we are more observers of our actions than the ones choosing to do what we’re doing. My personal view is: 1) What will happen has already been determined 2) You are fully accountable for your actions because you have free will to make choices, even if outcomes (and even your actions) are outside of your control 3) “You have only been given a little bit of knowledge” - Quraan. So because there is an absolute hard ceiling to our knowledge, what science tells us today and in the future will never gain, for us, absolute knowledge, and there will always remain things that are a mystery to us. As long as we cannot know certain things means we will always have to make choices about what to do and will always remain in the dark about outcomes. “But how can we have free will if everything is determined?” That last part. “You have only been given a little bit of knowledge”. You’re expecting to know and understand something you fundamentally cannot. But right now, you are choosing to pick up the phone and read these messages. That choice is observable. You know it exists without debate. But the physical world is governed by rules that, by those rules, allows future events to be known (if you knew all variables, which you and I don’t). Both realities exist. We know it exists but we can’t understand how. That’s like a lot of things. There are many things we don’t know and can’t, and there’s no debate about it. There a famous statement in physics about quantum mechanics “if anyone tells you they understand it, they are lying. Just shut up and calculate”.

So, all of those gold and silver bugs who claim that Bitcoin is haram because it’s “too volatile”… Well, gold and silver had their very own ‘pump and dump’ this month, gold down more than 10% and silver more than 15%. Just saying.

This IS fascinating…for real. I’ve always said that a persons chromosome doesn’t determine of someone was a woman or man in Islam, but this takes it to the next level.