Post
Topic
Board Bitcoin Discussion
Re: Bitcoin is forbidden for Muslims
by
zarados
on 03/04/2018, 21:21:05 UTC
Under current regulations or what they call 'fatwa', even though bitcoin is considered the currency of the future and part of technological development, bitcoin cannot be separated from one of the elements that can make it forbidden to use. The element is uncertainty. Bitcoin is considered to have this element because the price is so volatile that people like gambling when buying and selling bitcoins, and gambling was forbidden for muslims. how do you think about this?

Actually i dont believe,that this bitcoins is forbidden to our brothers muslim to participate this kind of cryptocurrency investment,because as far as i know ,that many of asian country,that mostly 90%  living,there religion is muslim or islam but they join this kind of trading investment,even in the country of india mostly 3/4 of there population is muslim, but they still participating in doing bitcoin,because like us they also want to pursue and achieve there dreams  by the help of digital currency system.

This post really explains A lot, I really think there are no religion that is forbidden to use such technology and bitcoin itself like you have said I have known many Muslim friends that are really engaging and some wants to really learn how to earn in bitcoin, And I think bitcoin is a gap mender between other religions and as long as you are not doing the wrong thing and not because of the traditions involve in a religion I really think it is not really forbidden.

of course, I feel the same way, as long as we do not do bad things it's all okay. But in Islam, we cannot judge for ourselves that something we do is good because they still have to be guided by the Qur'an (the book of Muslim). There are many Muslims who know the bitcoin and invest in it, but in fact, they just do not know about the prohibition of bitcoin in Islamic rules. Among G20 decisions the other day, does anyone know the decisions of some Muslim countries?