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.
I will root for you, I strongly believed that it is not forbidden. Bitcoin has value now, it's bought like a goods, paper money in early days have no value at all. Now Bitcoin has a value, it is a way payment for other people, and surely for most in the future. It's nothing new, the good Muslims are just aware for their fellow brothers and sisters- they are afraid that they might engage in businesses that have interest or what they called "Riba". There are allowed investments in the Muslim laws, and Bitcoin is an investment, so I think they are good with this kind of investments.