MBitcoiner on Nostr: All of these open source projects on bitcoin, and not a single one being built by ...
All of these open source projects on bitcoin, and not a single one being built by Muslim devs, because the ones that are into crypto are all busy building 'halal' debt products on other shitcoins that Muslims don't even want.
Building 'halal' debt products is what "Islamic banking" has been trying to do for decades, and it's been failing miserably. Learn from that. Putting that on to your favorite altcoin is not the new novel financial product you think it is.
Think outside of the box. More debt is not the answer. The money is broken because it's completely entrenched in Riba, which is sustained by a debasing monetary policy.
Muslim devs need to build products to help their fellow Muslims stay out of debt. Muslims need a halal and censorship-resistant way to save and transact. Muslims need tools to break out of the Riba based system completely.
This can be achieved by building actually useful tools on bitcoin that empower the ummah.
Published at
2024-07-16 18:25:21Event JSON
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"content": "All of these open source projects on bitcoin, and not a single one being built by Muslim devs, because the ones that are into crypto are all busy building 'halal' debt products on other shitcoins that Muslims don't even want.\n\nBuilding 'halal' debt products is what \"Islamic banking\" has been trying to do for decades, and it's been failing miserably. Learn from that. Putting that on to your favorite altcoin is not the new novel financial product you think it is.\n\nThink outside of the box. More debt is not the answer. The money is broken because it's completely entrenched in Riba, which is sustained by a debasing monetary policy. \n\nMuslim devs need to build products to help their fellow Muslims stay out of debt. Muslims need a halal and censorship-resistant way to save and transact. Muslims need tools to break out of the Riba based system completely.\n\nThis can be achieved by building actually useful tools on bitcoin that empower the ummah.\nhttps://image.nostr.build/4706473df32319d429874832ce0511ce65d0f5860f3ff3fbba43c7f532adc4a9.jpg",
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