Quote from: Husires on Today at 10:15:12 AM

Quote from: bangjoe on March 25, 2024, 04:37:05 PM

Quote from: Husires on March 24, 2024, 11:43:28 AM

Adding religious terms to the currency does not make it valuable.
Without adding links to the project, the smart contract, whether it will be an independent blockchain or a token, you can add a lot of terms, but in the end the project is a scam.

I think islamic coin is not only selling religious features in its marketing but needs to be added with utilities and be able to access many things in the web2 or web3 world in order to increase the value of the project.

Classifying the currency as an Islamic, Christian, Buddhist, or any other religion is wrong. It is correct to say that Bitcoin is compatible with Islamic or Christian provisions, or that Ethereum is not compatible with Islamic law because it contains a religiously prohibited service, such as POS. However, if the algorithm is changed, it will be compatible with Rulings of religion.
the same in fiat money, we do not hear of money allocated to a specific religion, but some cash transactions are prohibited in religions.

I also disagree with the classification, but for religious people it needs to be much smarter because we are only faced with the concept in the end, as an intelligent people it is important to be able to study and know what causes a transaction or system to be prohibited in religion, PoS is indeed prohibited in the system because it is like a deposit in a bank as a liquidity provider and also gets interest from the money we stake or deposit on the network or bank, and the system is very similar. Unlike the case with bitcoin which is a PoW mechanism that requires resources to get it. This is not talking about transactions, I think ethereum can also be allowed if it is only used as a means of buying and selling transactions.
But maybe this Islamic coin project really wants to be completely clean, but we don't know what's inside.