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Mandalorian
amisatoshi@primal.net
npub18z53...50l4
Background in computer science, > 27 years in enterprise IT. Into science fiction/fantasy, art & design, history and economics. Author of THE CRESCENT AND THE CRYPT, BITCOIN IS HALAL & THE ROBOTS ARE ALIVE! 👉 Get the books from www.ashikusmanbooks.com. New All-in-One Bitcoin/Lightning/Nostr Wallet project: www.ijmawallet.com. For book translations, ✉️ bitcoinishalal@proton.me.
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amisatoshi 4 months ago
🧠 “Who Created Bitcoin?” The Conspiracy Board - 🕵️‍♂️ “It was the CIA!” - 👽 “Aliens dropped it in 2009!” - 🧙‍♂️ “A time-traveling monk from Andalusia!” - 🧛 “Satoshi is actually a vampire who hates fiat!” - 🐙 “The Deep State coded it in Atlantis!” Muslim Bitcoiner Maxi: “Bro… it doesn’t matter.” The Moral of the Meme: Bitcoin is open source. - Anyone can inspect the code - No central authority controls it - It runs on math, not trust - The community maintains it - The protocol speaks for itself Muslim Bitcoiner Maxi: “Satoshi could be a cat. Doesn’t change the block size.” image
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amisatoshi 4 months ago
Part 2: Personal Finance Strategies Section 2: Education Without Chains: The Bitcoin Standard Approach to Student Loans & Education Planning The promise of education has been twisted into a lifetime of debt for millions. The student loan system, built on riba (interest), is a crushing weight on a graduate's future. It's time to rethink how we fund learning, using principles of foresight and sound money. 1. Acknowledging the Riba Trap in Education: Interest-based student loans are one of the most insidious forms of modern debt. They burden young people just as they begin their careers, delaying homeownership, family formation, and financial independence. This system is fundamentally misaligned with the ethical pursuit of knowledge. 2. Bitcoin Savings Plans: Funding the Future Today: Instead of borrowing from the future, we can save for it. A Bitcoin savings plan for a child's education is a powerful, long-term strategy. - Front-Running Inflation: University costs are rising faster than inflation. Saving in fiat is like trying to fill a leaky bucket. Saving in Bitcoin, a deflationary asset, gives you a tool designed to preserve and grow purchasing power over the 18+ year timeframe needed to save for university. A somewhat controversial take on this could involve taking out a Sharia-compliant loan (available in the UK and other countries), and putting the equivalent amount in bitcoin, ideally in a tax-wrapper ISA. The loan is then paid back in full after graduation and there should be some bitcoin remaining for HODLing or for other use. - Teaching Financial Responsibility: Involving your children in this savings plan teaches them about low time preference, the nature of sound money, and the importance of avoiding riba. It becomes a multi-generational lesson in financial sovereignty. 3. Decentralised & Community-Based Alternatives: The Bitcoin ethos encourages us to build new systems, not just critique the old ones. - Scholarships & Crowdfunding: The Bitcoin community is global and generous. We are seeing the rise of Bitcoin-funded scholarships and crowdfunding platforms where individuals can support students directly, peer-to-peer, without intermediaries. - Qardh-Hasana (interest-free) Student Loan: Explore ethical, non-riba student loans where a student agrees to pay a percentage of their income for a set period after graduation. This is a partnership, not a debt, as the funder shares in the risk and reward of the student's success. Call to Action & Reflection: How can we, as a community, begin building funding models for education that empower students instead of indebting them? What's one step your family can take to prioritise saving over borrowing for future learning? Disclaimer: The content of this article is not intended as financial, investment, or religious advice. Readers are encouraged to conduct their own research and consult with qualified professionals for specific guidance. #RibaFree #StudenLoans #EducationPlanning #BitcoinStandard image
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amisatoshi 4 months ago
You cannot help people who do not want to be helped. #FiatMaxi image
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amisatoshi 4 months ago
We now have a faster and halal way to buy a house. "No thanks... Bitcoin is too risky and volatile" image
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amisatoshi 4 months ago
Fiat No-Coiner journey to anti-Riba Bitcoin Maxi image
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amisatoshi 4 months ago
Part 2: Personal Finance Strategies Section 1: Getting Out of Debt on the Bitcoin Standard: A Roadmap to Financial Freedom Debt in a fiat system is a trap. It’s a cycle of compound interest (riba) designed to keep you running in place. But what if there was a different path? A path to financial sovereignty rooted in sound money and ethical principles. This is how you can begin to get out of debt on the Bitcoin Standard. 1. Understand the Trap of Fiat Debt (Riba) The modern financial system is built on debt. From credit cards to mortgages, we are encouraged to borrow. This debt is subject to compound interest, a relentless force that can feel impossible to escape. From an ethical and Islamic perspective, this is riba — an exploitative system that benefits the lender at the expense of the borrower. It’s a system that actively works against your savings and your future. 2. Bitcoin: Your Savings Tool to Break the Cycle In a world of ever-depreciating fiat currencies, saving is a losing game. Your hard-earned money loses value over time due to inflation. This is where Bitcoin offers a fundamental shift. - A Store of Value: Bitcoin is a decentralised, deflationary asset. It cannot be printed at will by governments. By saving in Bitcoin, you are preserving your purchasing power over the long term. This allows you to build a solid financial foundation from which to tackle your debts. - A Disciplined Approach: The volatility of Bitcoin can be an advantage for a disciplined saver. Instead of spending impulsively, you are encouraged to think long-term. “Stacking sats” (buying small amounts of Bitcoin regularly) becomes a powerful habit that builds wealth, rather than accumulating interest-based debt. 3. Practical Steps to a Riba-Free Life Escaping debt isn’t just about what you save; it’s about a fundamental change in your financial strategy. - Budgeting with a Purpose: Create a clear budget to understand where your money is going. Prioritise paying down high-interest debts while consistently converting a portion of your income into Bitcoin. This isn’t just about numbers; it’s an act of taking control of your financial destiny. - Community-Based Support: Look to your community for strength. This could involve peer-to-peer support groups where individuals share strategies and hold each other accountable. Explore community-based lending models that are based on mutual support, not exploitation. - Think Differently About “Credit”: Instead of relying on interest-based loans for large purchases, plan ahead. Use your Bitcoin savings as a future down payment. This requires patience and a low-time-preference mindset — the very opposite of the instant gratification culture that fiat debt promotes. Call to Action & Reflection: Take a look at your own financial situation. Where is the silent drain of interest present? What is one small step you can take today to shift from a mindset of debt to one of savings and sovereignty? Disclaimer: The content of this article is not intended as financial, investment, or religious advice. Readers are encouraged to conduct their own research and consult with qualified professionals for specific guidance. #GetOutOfDebt #RibaFree #Bitcoin image
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amisatoshi 4 months ago
"This has intrinsic value" "This secure global transactions without middlemen" Intrinsic value <> physical shine. It's about utility and trust. image
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amisatoshi 4 months ago
Part 1: The Foundations of the Bitcoin Standard Section 0: Why the Bitcoin Standard? A Foundation for Ethical Finance Before we can build a house, we must understand the foundation. Before we adopt new financial tools, we must understand the principles they are built on. So, what is the Bitcoin Standard, and why is it a powerful choice for those seeking a more ethical and sovereign life? 🔹 Why Bitcoin? The Moral and Practical Case At its heart, Bitcoin is a choice. It’s an alternative to a financial system that many feel has failed them. • Ethical Finance & Anti-Riba: Our current system is built on debt (riba). It encourages borrowing and penalises saving through inflation. Bitcoin is the opposite. It is a savings technology. Its fixed supply encourages prudence and long-term thinking (low time preference), providing a direct alternative to interest-based financial products. • Censorship Resistance: In the traditional system, your money is held by a third party. A bank or government can freeze your account or block a transaction. Bitcoin is permissionless. When you hold your own private keys, no one can stop you from using your own money. This is a fundamental property right. • Long-Term Sovereignty: True sovereignty is about having control over your own life. Financial sovereignty is a cornerstone of that. Bitcoin offers a path to owning a piece of a global, neutral, and incorruptible financial network that serves you, not the other way around. 🔹 What is the Bitcoin Standard? A Shift in Perspective The "Bitcoin Standard" isn't a government policy; it's a personal and voluntary choice to use Bitcoin as your primary store of value. It represents a fundamental shift. • From Inflationary Fiat: We currently live on a Fiat Standard. "Fiat" means "by decree"—our money has value because a government says it does. Governments can (and do) print more of it, constantly devaluing your savings. It's like trying to save in a melting ice cube. • To Deflationary, Sound Money: The Bitcoin Standard is a return to sound money. There will only ever be 21 million bitcoin. This fixed supply means it cannot be debased. Holding Bitcoin is like owning a known percentage of the entire network. It's a system based on verifiable mathematics, not the whims of politicians. 🔹 Who is it For? You. This shift is not just for tech experts or large investors. It is a grassroots movement for everyone seeking a better way. • For Everyday People & Families: It’s for the family trying to save for a down payment while house prices run away from them. It's for parents planning for their children's education without wanting to rely on riba-based loans. • For Entrepreneurs & Small Businesses: It’s for the small business owner in a developing nation watching their local currency collapse, seeking a stable way to preserve their capital and transact globally. • For Those Seeking Halal and Just Alternatives: Crucially, it is for every person of faith who is uncomfortable with the riba-based system and is searching for financial tools that align with principles of justice, transparency, and fairness. The Bitcoin Standard is a foundation. On it, we can build strategies for a life of greater freedom and integrity. In the next part, we will explore exactly how to start: with a plan to get out of debt for good. #BitcoinStandard #RibaFreeLiving #BitcoinFixesThis image
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amisatoshi 4 months ago
“Living Ethically and Strategically on the Bitcoin Standard” Do you ever feel like you’re running faster just to stay in the same place? That your savings are silently losing value, and that the path to financial security is built on a foundation of debt you’d rather avoid? You are not alone. This is the reality of the fiat financial system—a system of ever-expanding money supply (inflation), interest-based debt (riba), and centralised control. It’s a system that often feels at odds with our values of prudence, fairness, and long-term thinking. But what if there was a different path? What if we could build our financial lives on a foundation of sound money—money that is transparent, resistant to censorship, and designed to hold its value across generations? This is the promise of the Bitcoin Standard. Welcome to “Living Ethically and Strategically on the Bitcoin Standard,” a new series designed not just to educate, but to offer a practical roadmap for financial sovereignty. This is a guide for individuals, families, and small businesses who are seeking to align their financial reality with their ethical and spiritual values. Over the coming days, we will explore a cohesive framework for: • Personal Finance: Strategies for getting out of riba-based debt, saving for education and property, and building a truly sovereign emergency fund. • Family & Legacy: Planning for retirement, creating a digital inheritance for your children, and saving for major life goals like Hajj in a way that preserves both your wealth and your principles. • Business Strategy: Using Bitcoin as a treasury asset to protect against inflation and accepting payments on a global, open network that you control. This is more than an education; it's an invitation to shift your perspective from short-term consumption to long-term prosperity. It’s a guide to building a more resilient, just, and sovereign future for yourself and your loved ones. Join us on this journey. Let’s start building. #BitcoinStandard #RibaFreeLiving #BitcoinFixesThis image
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amisatoshi 4 months ago
"We now have permissionless, unconfiscatable money." "No thanks. I've heard that #Bitcoin is completely controlled by mega-corporations and states!" image
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amisatoshi 4 months ago
When you're stuck in the #Fiat machine... Escape with #Bitcoin. image
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amisatoshi 4 months ago
CRYPTO BROS LAUNCHING 'ISLAMIC DEFI' PROJECTS. WHEN BITCOIN IS THE ONLY ANTI-RIBA HALAL MONEY. WE ARE NOT THE SAME. image
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amisatoshi 4 months ago
"We now have riba-free halal money." "No thanks... My Shaykh says Bitcoin is haram" image
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amisatoshi 4 months ago
September in #Bali #Bitcoin Island! 🏝️ 🎤 Bitcoin #Indonesia Conference & Bitcoin Week Bali 🧡 Bitcoin meetups across the island 📲 Hands-on beginner workshop to get you started 🇮🇩 Meetup in #Bahasa 💸 Bitcoin for merchants onboarding session 👨‍💻 BitDevs workshop on How to run a Node w/ @CodeOrangeDevs 🎲 Games Night w/ @blockhunters_ 📚 Daily walk-in learning Dive into Bitcoin this September - there’s something for everyone! Bitcoin itu Halal (Bahasa Indonesia 🇮🇩): Google Play: https://play.google.com/store/books/details?id=bqtyEQAAQBAJ Translated by Ada Apartment Dengan Bitcoin (Hansen Malau). Coming soon insha'Allah paperback from Bukunesia (Deepublisher)!
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amisatoshi 4 months ago
Given our mission to make #Bitcoin accessible and ethically resonant for wider audiences, it's important for us to revisit 'Common Concerns & FUDs' from Muslim Scholars and Laypeople. 🧠 Here’s a list of recurring doubts and critiques, both technical and theological: 🏦 Economic & Technical Concerns - “Bitcoin has no intrinsic value” → Compared to gold, Bitcoin is seen as intangible and lacking physical utility. - “Bitcoin can be hacked or lost” → Fear of digital theft, scams, or losing private keys. - “Bitcoin is volatile and speculative” → Seen as gambling or gharar (excessive uncertainty). - “Bitcoin is used by criminals” → Association with darknet markets, money laundering, etc. - “Bitcoin is controlled by elites or corporations” → Fear of mining centralisation or manipulation by whales. - “Bitcoin wastes energy” → Environmental concerns, sometimes framed as irresponsible stewardship (khalifa). 🧕 Islamic Jurisprudence & Ethical Concerns - “Only gold and silver are halal money” → Reference to dinar and dirham as prophetic standards. - “Bitcoin is not backed by anything” → Lack of state guarantee or commodity backing. - “Bitcoin facilitates riba indirectly” → Through speculative trading or lending platforms. - “Bitcoin is not recognised by Islamic states” → Lack of legal tender status in Muslim-majority countries. - “Bitcoin undermines zakat calculations” → Difficulty in valuation and nisab thresholds. - “Bitcoin is a Western tool to destabilise economies” → Geopolitical suspicion, especially in post-colonial contexts. image
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amisatoshi 4 months ago
Of all the fiat joints in all the towns in all the world I had to walk in... #BitcoinFixesThis image
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amisatoshi 4 months ago
Riba’s impact on the Global South, where the consequences are often more severe and systemic. These examples highlight how interest-based systems perpetuate poverty, hinder development, and compromise sovereignty—making Riba not just a personal issue, but a global justice concern. 🌍 Riba in the Global South: Real-Life Examples 1. 🏥 Debt Servicing vs Public Services Example: Countries like Kenya or Sri Lanka spend more on interest payments to foreign lenders than on healthcare or education. Impact: Riba drains national budgets, forcing governments to cut essential services and delay infrastructure projects. 2. 🌾 Farmer Exploitation Example: Small farmers in India or Nigeria borrow from local lenders at 30–100% interest. - Crop failure or market shocks leave them trapped in debt. - Some lose land or face generational poverty. Impact: Riba exploits the vulnerable and undermines food security. 3. 🏦 IMF & World Bank Loans Example: Pakistan or Ghana receives billions in loans with interest and austerity conditions. - These often include cutting subsidies, privatizing assets, and raising taxes. Impact: Riba-based lending erodes sovereignty and deepens inequality. 4. 🏚 Urban Slums & Housing Insecurity Example: In cities like Dhaka or Lagos, interest-driven real estate markets push up prices. - Millions live in informal settlements without access to clean water or electricity. Impact: Riba fuels speculative development while neglecting human needs. 5. 💼 Microfinance Debt Traps Example: Women in Bangladesh or Latin America take microloans with hidden interest rates. - Repayment pressure leads to stress, coercion, or further borrowing. Impact: Riba masquerades as empowerment but often deepens poverty. 6. 🌐 Currency Devaluation & Inflation Example: Countries with high external debt face currency collapse due to interest burdens. - Imports become expensive, wages lose value, and basic goods become unaffordable. Impact: Riba destabilises economies and punishes the poor. 🧭 Why It Matters Globally Riba isn’t just a personal or religious issue—it’s a structural injustice that: - Transfers wealth from poor to rich - Undermines national sovereignty - Fuels cycles of poverty and inequality - Blocks ethical, sustainable development #RibaFreeFuture #FinancialJustice #SoundMoney #BitcoinFixesThis image
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amisatoshi 4 months ago
Bushido forbids dishonor. Islam forbids riba. Honor your wealth! image