Post
Topic
Board Bitcoin Discussion
Re: Bitcoin is forbidden for Muslims
by
Sexie
on 17/04/2018, 16:25:44 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?
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I think it will not be forbidden just because it is volatile. INvesting or buying bitcoin is not a form gambling. It is something a way of doing a kind business, to gain profits.If they will use it for gambling like in some other site of bitcoin online gambling bitcoin casino , then it will be forbidden. It is just being risky to invest. It is just up to you if wanna hold it or release it in good timing.