Ah yes, these are good points - many thanks.

 I'd heard of the first one in the past but had forgotten this.

I had the idea of doing some research exploring each faith's view of Bitcoin to write a post in the future. Its always interesting to see Bitcoin through a different lens. 

But, I feel it would be better for it to came from someone with something more to say than myself...


Bitman

Yes, my understanding is that Bitcoin is halal. However, in my understanding as a layperson, the default ruling for “worldly” matters is one of permissibility; one needs powerful evidence to declare something as forbidden.

I like Bitcoin for multiple reasons but here are a few:

It aligns with a societal need for a reliable store of value without negative externalities, a fair unit of account, a mechanism to counter the concentration of power.

I don’t buy in to the Bitcoin presents an alternative to the current interest based monetary system but I appreciate its appeal when marketing Bitcoin to Muslims.

bitcoin

Bitcoin, parallel societies/network states, and Islamic finance 

markzubov

Yes, my understanding is that Bitcoin is halal. However, in my understanding as a layperson, the default ruling for “worldly” matters is one of permissibility; one needs powerful evidence to declare something as forbidden.

I like Bitcoin for multiple reasons but here are a few:

It aligns with a societal need for a reliable store of value without negative externalities, a fair unit of account, a mechanism to counter the concentration of power.

I don’t buy in to the Bitcoin presents an alternative to the current interest based monetary system but I appreciate its appeal when marketing Bitcoin to Muslims.