Post
Topic
Board Bitcoin Discussion
Re: Despite the growth of bitcoin why haven't it been legalized by many nations?
by
cryptotact11
on 15/08/2025, 18:53:26 UTC
Point.2 I am a muslim and can assure you that it is not haram in islam if you use it for preserving wealth or as an investment but it is when you use it For Gambling or other haram stuff.
I still disagree, the reason why Bitcoin is haram because people think that as high risk investment, not about the usage. It's also not backed by gold or fiat, which is another reason.
What people think does not matter, only the objective truth matters. Bitcoin is a low risk investment. How many decades do need to pass before this nonsense about high risk investment stops?

It's not that easy to run a nation and and it's not that easy to legalize a currency.
Easy if you are not corrupt, the more corrupt you are the harder it is to run the nation.